Monday, December 21, 2009

News that means nothing

The FDIC took it on the chin for another 1.8 billion friday - yawn..the Chinese are jawboning about how there aint enough money to keep buying US Treasuries...etc etc etc - the market opened about 6 higher and at the open vaulted another 5 higher in minutes and from there its been a no range kinda day with a 1 dollar push higher evey hour - Santa Calus is in the house.
For my own mental health in 2010 I will be paying no heed to Jim Cramer - he aggrevates me to no end - he loves a stock one day and then never metnions it again - who needs advisors like that? Not me so Im swearing him off, no mad money no real money no nuttin.
This is one heck of a tuff game - live to trade another day.

JB

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