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.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, March 30, 2010

We had a wind

There was a wind that blew in today, kept me off the bike.


I think I may not be feeling well. I felt it coming on this weekend, maybe it's taking it's time.

Well... I'm sure you are interested in that.

Oh... Tony has the market going higher... I guess... I'm actually not sure.

Ok... tony says I should correct this... I think I was correct when I say... I'm not sure.

Correction from tony:
I'll quote my "TALK" comment:

"I'd say the cataclysm occurred already---- in 2008;
so the next phase is a prolonged trend up (now)... followed by a prolonged trend down (starting between now and summer)

Looking for crash is fighting the last war."

So I think the trend is lower, but gradual. But who really knows. If the NFP is > 200K, then we could easily reach 1200.
So... he says we are going up (now) and there will be a Down Trend (now and summer).

So... the trend is down... I guess. or up or sideways...

He has spent way too much time in the market, and now has an effective market triple talk.

I'm telling you There is a wind... or a full moon.... Something... Tony says it's the thing from the Dark of the fire from Lost....

I think I'll reiterate... I'm not sure, where tony thinks we are going.


I've gone through my indicators, I had a nice sentiment read.. Every blog says Lower..

Of course there was a lemming count a few days ago, and it went 16-3

Using my indicator... I'm not sure I can come up with a 5... maybe a 6 optimistically.

The lemming indicator was very positive.... that is hard to Fade.

I just think you have to punt... play it by ear...

I've also... again, have a ton of work to do.... it has me distracted... I may have to just focus on it for a few days......

2 comments:

Tony said...

I'll quote my "TALK" comment:

"I'd say the cataclysm occurred already---- in 2008;
so the next phase is a prolonged trend up (now)... followed by a prolonged trend down (starting between now and summer)

Looking for crash is fighting the last war."

So I think the trend is lower, but gradual. But who really knows. If the NFP is > 200K, then we could easily reach 1200.

Eric said...

ok... totally fixed it...

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