You know you’ve reached an inflection point when both the longs and shorts panic simultaneously. and Right now, its best to stay out of this
readHope you’re safe this morning. I got some of the best fills today, majority in pre-market. Covered all shorts, sold almost all ultrashort ETFs (got
readHow Much is Enough?! If you’re 91 years old and have a few billion dollars – would you retire or would you continue investing (and
readWorth a read: Carlyle Dunbar, The Globe and Mail Excerpt: I recall a 1974 New Yorker cartoon caption saying, “What do you suppose happens when
readWell, Lehman CDO’s did NOT all get settled yesterday. We’re witnessing the effects now. Here’s the size of the problem: Investors are taking losses of
readOverbought The higher we go, the lower the volume Treacherous symmetrical triangle not breached
readTo those who are able to go long and enjoy it at this stage – have fun and good luck! It would literally make me
readI’m not trading, busy with other stuff, but looking from outside in: low volume rally in everything except energy and materials (strange for leaders; after
readAll of these sound very familiar… Great Depression Controversies and Facts “Each crash was followed by a sharp partial recovery as shorts covered and new
readhttp://www.nytimes.com/interactive/2008/10/11/business/20081011_BEAR_MARKETS.html (Hint: Mouse over each line to highlight it and compare)
readWeekly Bill Settlement Consumer Price Index, 8:30 ET Jobless Claims, 8:30 ET Treasury International Capital, 9:00 ET Industrial Production, 9:15 ET Philadelphia Fed Survey, 10:00
readSomewhat surprised that [[SPY]] wasn’t being bought on weakness today. It’s not on the list at all, and usually it’s right at the top. Bad
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