Glad I covered and went flat yesterday .. If there is ever any corruption in the markets it's with earnings and expectations. This is the biggest sham of all imo. Analyst's get to make up levels and adjust them regularly at will and all the headlines ever read is "Beat expectations" What does this mean in the real world ? Nothing ... it's an imaginary thing in terms of how a company/economy is performing as a whole. I just don't get it. It's like an athlete saying he/she is doing great because they only expected to do 50% as well as last year... but they did 70 % as well so let's celebrate.
Understanding that it is entertainment, my favorite wrestler is Muhammad Hassan. He is destined to battle Battista in an epic duel. I also like JBL.
can you just feel the short pain today. yesterday we had a gap up and failure and a lod close breaking all recent support. i wonder how many got short on that yesterday only to have the trap spring shut this am. not a kind market if you are wrong on either side.
Difficult mkt to trade as of late. Mkt does not know what it wants to do? Quite the dead cat bounce from the 10000 support. I would not be suprised if this mkt collapsed on Friday.
Difficult to judge a chicken, but I would not be surprised if the chicken gets winded before collapsing in the middle of the road on Friday. Chicken does not know what it wants to do?
Got to admit that it is a tough one for sure this thread started as a Bear call but really both sides have been right since hank started it.