I'm having a hard time coming up with any reason to buy stocks in front of earnings... which gives you nothing but dead cats for 3 weeks.
So.. I'm struggling right now. I've seen a ton of things that have now done a 100% retrace from Christmas through new years and now back to those levels.
Bob Pisani.... he was going on about how insignificant a 200pt sell off vs the news is, and that is just relative to November.
The only thing to wonder is how much of a Boat rock we will see, Where everybody runs to the other side of the boat, and then we run out of sellers....
Wednesday, January 7, 2009
Hard time
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