Monday, September 6, 2010
9/6/10 Philadelphia
Investors have turned bullish across the board inside a week? For some reason, I don't buy it. Bullish conviction gets tested this week. Should a retest of the lower end of the range succeed, I'll return to being fully invested. Should it fail- well, at this point, I don't believe it will.
Kass is probably right in calling for a 'buy the dips, sell the rips' approach. It's the ultimate strategy for a range-bound market.
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Port- Thanks for the natty review. Excellent!
ReplyDelete2nd- I agree we are still in the same range. The reason I held over the weekend was it seemed to me to be the "hard" thing to do. I wont play it too cute, but wont get shaken out easily either. (I hope)
REDF- Damn. I'd be a lot more comfortable if I could find SOMETHING news related about it. I have this horrible feeling the MM got a big sell order and jerked the price up on low volume in day one and has been distributing on high volume on day 2.
ReplyDeleteI really can't stand these ridiculous holidays.....Don't know what to do with myself...Hey it's not as though I have a job to take vacation FROM right?
ReplyDeleteIt's freaking stupid.
Can't stand all the freaking holidays...
Christ-mas is the worst.
Talkabout forced gratitude......mygod.
shoot me now!
nothing to do but watch Bourdaine all day long.
ReplyDeleteshark- You need to get married and have kids. Then you'll appreciate the holidays.
ReplyDeleteREDF.... http://seekingalpha.com/article/220090-rediff-com-finally-sees-some-growth-catalysts?source=yahoo
ReplyDeleteIt's a little old. Make sure you read the comments.
HAHAHA...You funny guy!
ReplyDeleteI see silver is again a 20 dollar item.
ReplyDeleteHey, I got married, had kids including a current 21 month old and I'm not too far behind 2nd. Now I look forward to Monday's (Tuesday when it's a holiday).
ReplyDeleteHermine warming the hearts of all NGas lovers:
ReplyDeletehttp://www.nhc.noaa.gov/refresh/graphics_at5+shtml/153210.shtml?tswind120#contents
port2013- I found two of your posts in the Spam section, clicked 'Not Spam,' and expected to see them published. However, now they've disappeared completely...or maybe just in the process of being published. I caught a reference to 'Yoshi's' in one of them.
ReplyDelete