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Hi guys.. the knee Doc shot me up with some lubrication, pain
killer and who knows what.. so I'm feeling better. I see the
market's feeling just fine too.
As I said
Hi guys,, sorry for getting back to you so late. We've got a sick
kid here, just when he was supposed to get his first set of braces,
on, so I had to play transport back and forth.. Oh well, all is
The notes from the FOMC meeting are out, and it reads like candy
to the school kid. Yes they think appropriate accommodation is
probably necessary ( in other words QE2 is coming) and the only
question is how much and when. I'd guess that
As we figured the market isn't getting very far and there's a
lot of up and down chop. I said I probably wouldn't do anything
here today and I think that's correct, I probably won't.
I have monitored my stops however
Okay folks, pull up a chair and let's chat.
For the most part, we "get it right". Sometimes we don't. That's
the way investing/trading goes.
Back in the spring, all manner of global craziness was going on.
The market opened big.. for a few seconds and then we saw a
massive wave of sell programs hit, which took us down the flat line
in a matter of moments. I'm sort of glad I didn't feel the need to
buy anything today,
As I expected, they are fighting to keep the market "level" after
that ADP jobs report. We've seen them run some things higher, let
some slide. But again I feel that the overall market direction
today will be "flat". Sure they might eek out
Well folks, this is madness, but it is what it is, and we have to
play the game.
We took two stocks this am, PCX, and just now MMM. No I don't like
buying stocks when a market is up this
The market is stuck, running in place. Why? Well later today,Ben
Bernanke is doing yet another "town hall meeting", this time with
This is a bit unusual, but hey, in this day and age nothing should
surprise me any
Insiders Club Update
Here we go again.
Yesterday, we were up over 100 points. Then they "mini yanked" the
rug, and from top to bottom we had a 200 point swing. Then they
coasted us into a slightly red close.