another sale this morning, knew the falling dollar was nothing to worry about. "Tomorrow will greener than today."
well your going to get some even better sales over the next few weeks, months, years dollar collapsing, gold, commodities rising, inflation rising, gdp slowing, housing tanking, arms hitting the market next year, iraq getting worse, congress posturing for 2008, bond market frantically fractious, etc. I will be shorting every rally for the next 3 months for sure, as we will have lower highs, and lower lows........this is a downtrend...notice the volume selling at the end of the day......things have finally changed for you over-ebuliant, short-sighted longs----reversion to the mean in the short-term ahead.
markets almost closed green so much for that scare, chicken littles this forum is so funny Full of bears Every 15 point delcine in the morning signals the top and guess what-IT REBOUNDS!
today's price action was meaningless many US traders taking the day off, very low volume today. The next 2 weeks will tell us if these prices can hold.
yeah you had a bunch of buyers come in b/c of the past "the market always comes back green for the day history of the past month" on a low volume day.....b/c this is "their dream bull market" and that was the best they could do.....with a fizzled out rallly leading to a sell-off at the end----there never were any fundamentals supporting this bs run-up=it was all goosing up by buying on the asks just to artificially push up the markets for end of year gains for fund managers----a game, mirage, artificial manipulation for short-term gains---and frankly the geo-political and macro-economic news doesn`t support these rediculously overbought conditions in the market....and we will revert to the mean over the next few months.
yep, earnings have been disasterous, most companies missin' by a mile. only need to look at all AH reactions.
Hey Blue ... havent seen you in awhile. Looks like you are stirring the pot real good here... with some anyway. Have fun. Up/down whatever .... cheers ... rj p.s. What do you think about some kind of Black Swan event overtaking the markets?? Maybe we are due for one.