Registered: Feb 2009
09-09-09 04:47 PM
Noted your post up above
I have been bitch slapping this poor JimmyJam all morning long and for the last several days for the same reasons.
Interesting that he gets the same response everywhere he goes on this site....
I feel the same way....the guy should just put and end to it and help us all out.....
and to get back on subject
Surfer, you need to upgrade your tech skills
This is a bull market move
institutions have been long and are staying there for swing move up. At the top of this move PruBache will be a net seller as they have all through the cycle....
Supposedly you're in a fund office. Interesting that you can't pick up on any of this where you work...unless they won't let you in those offices....
and for those interested in learning SOMETHING to offset the wasted time here. I suggest you view these moves in the correct context...and that is as follows (love to hear some intelligent comment on it)
On an intraday basis, professionals know that these markets are not investment vehicles.....they are Marketing vehicles....therefore what you want to do is to look for institutions to mark it up (the widgets they are selling)....pull the public in....and then take it down so they can unload....rinse and repeat...and of course it works AC/DC...once you get this (its step 1) you have a chance of making some real money....
Its an up day man, but with your "stops" in place you should be just fine......lol
Good luck everyone