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.
Friday, August 14, 2009
always the chance.....
of a pennant forming on the spy.
the story of the day is the NON INFLATION.... see that was the game... inflation made the market go up and dollar go down... but look at the green bar on the UUP
Yeah, the play was to short materials stocks-- double whammy. SMN at the close yesterday was the best decision I've made in weeks. (Makes up for a lot of bad ju-ju on the XLF.)
of a pennant forming on the spy.
Yeah, the play was to short materials stocks-- double whammy. SMN at the close yesterday was the best decision I've made in weeks. (Makes up for a lot of bad ju-ju on the XLF.)
ReplyDeletethe bounce, if it's there doesn't look large.
ReplyDeleteit's cyclicals real estate and materials getting clobbered