Wishful thinking.
Nevertheless, my two biggest positions, consisting more than 50% of my assets, are higher.
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Joined Nov 10, 2007
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Pic reminds me of this classic:
http://www.youtube.com/watch?v=oRpej75hONw
The SP500 Put/Call is 9.9 on advancing issues and the market isn’t moving down much. Tons of shorts piling in here. If we can get a bit of a rally and trigger some stops, we could see a nice bear crushing move up. Maybe next week.
The tape the last 2sessions busted the bear stampede
Young bull needs some rest. This is a good day all in all
No way the Bernanke allows this market to fall much. It’s obvious for many reasons, the first being that it admits failure of his past policies and practices.
Second, the alternating use use of hawkish and dovish FED statements makes apparent what their game is all about and when push comes to shove, he will do whatever is necessary to keep the markets afloat.
Every dip should be bought.
I had several 4&5 per cnt runners yesterday that have given back 1&2 pct today no big
SLF ran 9 pct and right now is down 1. 8. Ring the bell now and I can enjoy the wknd!!