Mean Reversals Spell Doom

What a wonderful rally we had. Now there is nothing left but dust and ash.

I am waiting for a delivery of a chesterfield sofa and couldn’t care less about the market today. I’ve tasked you with trying to educate yourselves about the stock market and was just checking in to see how that’s going for you?

By the looks of it, it appears I am having some money stolen away from me, with EZPW lower. Gold and silver are weak; therefore, EGO is down. NUS is down because momo names have stalled. And the rest of my fanciful group of clodhoppers are tap dancing down a flight of stairs, just waiting to break a neck.

Once again, I don’t care.

I know SALE, GNC, BBBY, BLOX and even EZPW will trade higher. It’s only a matter of time before the fairy tale becomes the reality.

In the meantime, I am prepping my ASCO buy list and will begin nibbling on names, like IMUC, over the next several weeks, all coming to a climax in mid-May. It’s going to be fantastic!