That tommorrow's setup should be gap up, fade and then good shot we rally from there. I wish we would just run right into the mark to market hearing so that the selloff would be intense, but unfortunately the GM nonsense short circuited that notion, so we'll just play it by ear.
I wish I had the time to write a book about this time period, it's just sickening. Every day more and more total BS and lies, garbage nation. I would take off your financial shorts for a couple days into the mark to market hearing, we should run into that. I guess we could keep selling off here, tho that would surprise and disappoint me. Whatever it is, it is.
That means SRS is a sale as well tomorrow here. Again,thanks for the well wishes, I am out for a while tomorrow at more doctors, but I feel that I'll be 75% in a couple weeks, which I am going to relish. No need for more well wishes, some prayers would be fine with me. In the meantime, I'm really beat, so short and sweet it is. Anyone who says this market is strong is on crack, and you all know - crack is whack...
RULE
Waxie
2 comments:
Why are all these idiots on CNBC saying this was a phenomanal quarter? From the highs in Jan. to the lows in March, we retraced less than 1/2 of the decline. The quarter was horrible. The rally the last 3 weeks we have had are basically identical from the lows of Oct to the high of Nov and the low of Nov. to the high of Jan. Window dressing lasted a little longer than usual, but we are leading up to a huge decision from the govt on the mark to market accounting rules...
waxie if you can would you give us a deep market anallize please ? what you see in april ? what the first quarter ? do you have any favorites play that we can put in wach list ? can you share your felling here ?
tks
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