As you can tell by putting up a daily chart of the DOW, it was a tug of war bonanza. The good news is, we are now getting news we expect, the jobs report was bad, but we expected that. When things get unpredictable is when you need to worry.
I hate to say it, but we might have some sort of a short term bottom. P/E ratios are reasonably low, stimulus checks are going out in May, it may be time to get drunk and buy stocks again.
Stay tune for some weekend links and ideas.
Note: The iBC machine never lies
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arghhhhhhhhh
and we’ll ride up to a short term top soon. give it a week
bears simply are reloading right now, the bulls get an extra pull, but then the bears take out their sawed off, and then we’ll see what happens
might even pull out some grenades… month long bear market as soon as the temporary top hits: why? …my crystal ball says so… It lacks the power of fly’s time machine, and it’s got a crack in it, caused from my excessive asshattery, but it gets the job done.
It helps to hop on a bulls back every once and awhile (FSLR, DVN)… Then, when they least expect it, you rip it’s horns out and shove a grenade in it’s ear, just before you bail out, and you go the other way.
Ragin….
Ever since you asked your girl to become your wifey, you have been killin it….congrats and keep up the good work!!!
Get long some Compass Minerals International (CMP)
They are rasing their prices for potash and are going to blow out their number. The chart is insane
Check out the company this weekend.
THOUGHTS?
already been thurr
already been thurr
http://www.ibankcoin.com/dannyblog/index.php/2008/03/27/unknown-rockets-cmp-lsr-vhi-clhb-sqm-exac/
Danny,
Thanks for the link….nice job picking those ones out!!
FSLR 2009 eps used to be $6–and now you say it is $5.05–That’s a recipe for double top failure—
zee
oh man how can you delete a comment? i made a mistake–
FSLR 2011 used to be $6–so maybe FSLR does take out the last high