Tuesday, August 18, 2009

If you ask me

People are WAY to comfortable buying the market this morning. I still think you get a flush lower today at some point.

JB
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3 comments:

  1. AnonymousAugust 18, 2009 at 10:32 AM

    Human nature being what it is, it's either Armageddon or Alice in Wonderland.

    Oscillating between these sentiments on a frequent basis -- from a couple of times a week up to twice a day -- constitutes a trader's paradise. N'est-ce pas?

    falco peregrino

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  2. JBAugust 18, 2009 at 10:38 AM

    I have not seen any oscillations today... i have seen an upside ramp with zero human characteristics

    ReplyDelete
  3. AnonymousAugust 18, 2009 at 11:33 AM

    That's the Alice in Wonderland sentiment. It could last more than day...but then again, who knows? Only the Great Market Timers in the Sky, not me.

    falco peregrino

    ReplyDelete

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