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"

Wednesday, March 30, 2011

two posts

so.... I'm watching Tuesday's low.

there was a Macke story around about "Fuck the fundies... just buy them because they are going up"....

look it up... I'd link it but WTF do I care :)

oh.... point is I think this sentiment bodes fairly negatively for stocks

Monday, March 28, 2011

.... stuff

We had a nice little sell off on good news. My stuff says that isn't a good thing. If we can keep selling we should get a significant Retest. Of course I doubt a retest of the 2008 low, of course that I say that.... seems like some form of sentiment.

Wow... didn't know I was still alive? I'm just super busy, and try and avoid this nightmare of Market people. I was doing some reading a few months ago about psycopaths, one of the lead researchers suggested that if you couldn't study them in jail, the second best place to research them would be global stock markets.

I'm trying very hard to pull off some trading while ignoring all the egocentric bullshit, the market has to offer. Not spend hours paying attention to the tickers and trying to gage sentiment through broader means. Many people breathing a sigh of relief these days.

Re: market action.... if we can keep moving up... it's all still just denial stage. I've been out in the economy for the past Months. It's not good, some solid jobs are coming back but there are some very strange things going on. Some serious worker exploitation. I guess all of that is obvious with all the Labor issues going on. It honestly feels like some of the last desperate stands by the entitled. (buy entitled, I mean the aristocracy)

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"