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.
Thursday, June 25, 2009
hmmm
I'm going to struggle again Tennis Vs the market....
Yeah, I got called away at the last minute. I'll have to look for the podcast.
Trying to bottom-tick sds.
Seems "everyone" is looking for a "healthy pb" here, which blows the sentiment up. Don't you think that 850 may be too generous for a pb? especially given the game theory thing, or will it overshoot?
FWIW, Barry (finally) revised his momentum and breadth readings to bearish.
Trend and sentiment are still neutral. Liquidity remains neutral to bullish.
I feel your pain. You mean your not watching Bernanke's lynching?
ReplyDeleteflipping back and forth...
ReplyDeleteWitch hunt huh....
You know that this is just this series of Counter Knowledge and Finger Pointing.
and for the most part it's republicans trying to say "It was someting besides our deregulation"..
when they were cheering it on the whole time...
cause they are Narcissist morons...
Then we wonder why nobody wants to be in public service....
ReplyDeleteCause some fucking Do nothing Congressman is always down your back saying "In Hindsighe, I could have done it better"
When in hindsight... they couldn't get off their asses for 18 months.
You missed the thing last night...
ReplyDeleteI almost napped through it...
the jist was 850 then bounce...
Yeah, I got called away at the last minute. I'll have to look for the podcast.
ReplyDeleteTrying to bottom-tick sds.
Seems "everyone" is looking for a "healthy pb" here, which blows the sentiment up. Don't you think that 850 may be too generous for a pb? especially given the game theory thing, or will it overshoot?
FWIW, Barry (finally) revised his momentum and breadth readings to bearish.
Trend and sentiment are still neutral. Liquidity remains neutral to bullish.
be careful...
ReplyDeletethe market is trying to be very Cruel...
if we can break down here....
in the next .... unknown period of time...
Ya.. well I'd say this is going to be Cruel to barry too...
there is something very Darwinian about all this... it's like it is down to he Hard core Players...
and Barry is on the cusp... and it's being a bitch to everyone.
Options monster is starting to talk technicals.... which is funny.. I'm going to puke when they say wedge.
When T.Lo implies 850 then bounce, is the 850 Aversion or just a shorter term bounce?
ReplyDeleteSo far the day is looking like yesterday, now testing HOD at 11:30.
ReplyDeleteI guess diabolically thinking this goes higher to fake out everyone, then falls.
Now SPY at yesterday's high, so much for lower high. It's possible we are building a left shoulder and may go to 91.50 if that's the case.
ReplyDeleteMore volume than a fake-out or flag. Now SPY is short term overbought.
850 is dd
ReplyDeleteUnless we chop for 4 weeks....
then drop to 850
may have to start treating Barry like Costanza
ReplyDelete