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

6 comments:

  1. Alright bud, I need a DSI reading judge when to buy this dip-- 1320 or 1290?

    Hope things are going well with you.

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  2. you in buy the dip mode?

    I don't mean to mock. Just be weary, is my point.

    I'll run something.

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  3. Meaning, I'll take some time and work something up.

    Good to hear from you!@

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  4. 1300 is probably the bet.

    1288 maybe... I'll look in detail later.

    then we will look at sentiment.

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  5. You're ALIVE!!!! Holy crap!
    Here's my post, and I drew my support line on the SPY, not the SPX... which made me think of you. I'm estimating DSI to be somewhere in the 4-5 range.

    Good to hear from you.

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  6. see how rusty I am maybe more like a bear trap below 1300

    so more 1297 or 1295

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