Financial history doesn't repeat itself, but it often rhymes.
You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
Tough market, but I'll take an up-day anytime (even if it's combined with a joke at my expense.) That's why I lighten holdings every day. Sure, I could probably be more efficient, but I'm going for base hits and not home runs... got bills to pay.
Will we have follow through? My guess is no: Asia is up only fractionally and US futures are pewking as I type.
we need to put in the right shoulder on the H&S...
Nobody is convinced, everybody was talking spx 600-400... I even posted that thing about "No bottom"
Cramer is talking about how "he has a better plan"... almost nobody is calling anything "maybe a bounce"
cognitive dissonance is on the Wain.. One could even say "we had a divergence friday/monday. We had divergences in new lows..... etc etc... Indicator all hit extremes... TICK, Vix hit the extreme of the bolinger band..
Even one of the Elliot wave guys said "Cover" prichert i think.
We may only bounce 800 but at a minimum we need a good Bear flag.
Just tryin' to make an honest living, my brutha.
ReplyDeleteI only joke about it because I wanted to puke them all up this morning.
ReplyDeleteTough market, but I'll take an up-day anytime (even if it's combined with a joke at my expense.) That's why I lighten holdings every day. Sure, I could probably be more efficient, but I'm going for base hits and not home runs... got bills to pay.
ReplyDeleteWill we have follow through? My guess is no: Asia is up only fractionally and US futures are pewking as I type.
we need to put in the right shoulder on the H&S...
ReplyDeleteNobody is convinced, everybody was talking spx 600-400... I even posted that thing about "No bottom"
Cramer is talking about how "he has a better plan"... almost nobody is calling anything "maybe a bounce"
cognitive dissonance is on the Wain.. One could even say "we had a divergence friday/monday. We had divergences in new lows..... etc etc... Indicator all hit extremes... TICK, Vix hit the extreme of the bolinger band..
Even one of the Elliot wave guys said "Cover" prichert i think.
We may only bounce 800 but at a minimum we need a good Bear flag.
I thought I was the ironic butt of that joke
ReplyDelete