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Okay folks, I'm back in the office and thanks for the well wishes
for the bride. She's fine, Doc found nothing. It's just one of
those "old" things we're supposed to do.
The day is soggy, maybe not as soggy as I might have
Okay the market has held up all day, and it "should" hold into the
close. I'm not positive about that however, as we could see a tad
of selling to end us flat.
I did do a bit of a
See what happens when Bernanke winks and nods that no matter what
happens... he's going to support stocks. We're up 120 on the DOW
and at 1400 on the S&P.
That's exactly why I didn't move the 401K to cash.
What a day. We had the AAPL earnings and the market went nuts. But
then it had to "stop" and wait to hear from Bernanke
Well,... it was one of the goofiest press conferences I've
listened to in a long time. But what else is new.
I really don't know what to say. Sure as rain, a lot of things
gapped back up to where they were and are sitting there. But
frankly, for a market up so big ( 101 DOW points) there really
aren't a whole lot of stocks that are
Well hows about that? A gap down and a sell off. Go figure.
So the question is... now that we're down 160 points.. do they
walk this back up? When Europe closes, is that the dinner bell for
them to start feasting
Okay.. we're up like 103 points at 10:38. Why? Well lots of
reasons, and none of them are all that special.
But, here's the question.
This weekend we have a handful of things happening in Europe. The
French are having their
Here we go again... what a nasty market.
I have been telling you all that I don't trust this market at all,
and it's only daytrading that is going to work. Once again we have
no volume, and even the vaunted AAPL is down
A long grind of a day, the chart of the S&P looks like a
relief map of the Andes mountains. Up and down chop all day, but
ultimately running in place. With the big ten year Spanish auction
tonight, they don't want to lose the gains they
Well today is different than yesterday. Yesterday we roared higher
and it fell apart, only to recover later. Today, we were up[ 145,
faded to up 90 and popped right back up. Different day, different
Granted, with volumes like this, there's no guarantee