The short-term breakout that we saw this morning did not hold. However, just as I discussed in my earlier post, that is not a reason to automatically assume the bears will imminently reverse this market. Instead, I see mostly “dead money” type of action, in front of the major macro events later this week. In other words, relax and brew some Illy espresso, take a fish oil capsule, and eat some red grapes.
While we are on the subject of burning time, if you are looking for some good Netflix suggestions, here are a few:
- Breaking Bad (best show on television–much better than Mad Men)
- Brotherhood (highly underrated series on Showtime, no longer running)
- Chinatown (Top 5 all-time movie that most people 30 and under have not seen/heard of)
- The Friends of Eddie Coyle (one of the original tough-guy ensemble cast movies from early 1970’s)
- Europa Europa (Best holocaust movie ever made–better than Schindler’s List)
100% agreud on breaking bad.
Ditto,also agree on Chinatown and Eddie Coyle (although they changed the ending from the book, which of course was better) I will check out the others.
Sounds like a plan.
great call on Eddie Coyle — saw it about a month ago. love mitchum. clearly know your films.