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- OK, OK...
- Above, who doesn't like Wall Street buy / sell humor???
- Or below, who doesn't enjoy Wall Street psychosis?
- Recently, it's a flip of the coin market indeed. At the bottom of the multi-week range, breakdown or breakup next? If it does break down from this range, possible levels below (from afraidtotrade.com)...1220 are has been the upside area.
- Wow! Quite a downside reaction after the FOMC announcement.
- And overnight it's down big again...currently in the pre-market the futures are down at the bottom of this big range around 1130.
- The high volatility and being below the 90MA has been very useful to being sidelined. These fast turns are getting old. Wish the market could find some stabilization but until the it's only safe to trade it...overnight holds have not been the way to go due to the overnight gaps.
- Psst...Hey bub, it's Tuesday.
- Short term market is sideways in a wide 100 point range with swift reversals often via overnight gaps.
- With high volatility comes this crappy action. That's why I've been cautious.
- Longer term still down.
- Sorry...saw this and just had to post it.
- I think Thomas Jefferson said something to the effect of, "Democracy dies when most people realize that they can simply 'vote for a living'."
- Appears that we're getting perilously close AND....
- Reinforces THE MOST IMPORTANT reason why everyone should pay taxes despite income level. People who actually feel the government grabbing the "fruits of their labor" to provide for others are much less inclined to support unsupportable programs.
- I'm all for helping those unable to aid themselves; the elderly, infirmed and orphans. Noone with a heart and mind would oppose that. But, what explains the spike?
- Monthly Seasonal shows that September is historically the weakest month for the stock market. Doesn't mean always, just the tendency.
- Will be out of pocket for awhile. I'm flat. Anticipate next update around 11 SEP.
- Enjoy Labor Day!
