Due to some non-fortuitous happenings, I have been unable to post chart gibberish and technical whatnot. Just rest assured in the knowledge that there’s an IT guy with his mustache punched off, laying in a gutter along the side of the road.
The mighty Dow has now violated (egregiously) the bearish resistance line that was established since the last high at 13,000 back in May. (Click here on the stupid link to see the chart).
With the exception of those in Gustav’s path, the unlucky Georgians, and those who were short Ambac Financial Group, Inc. [[ABK]] , happiness is breaking out all over.
I have a 4-day weekend in store, so I’ll wish you all a safe and enjoyable weekend, here and now.
Still bearish? Just wait and see what happens when the Griswolds come back from vacation next week.
