Got it. Thanks.
Weekend reading.
MyMiniTrading
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Got it. Thanks.
Weekend reading.
Commodity manipulation is childs play compared to equities. You got the big investment banks always on the wires upgrading downgrading, just this morning JP Morgan upgraded MMM right before it warned.
Cant you remember all thru history how wallstreet insiders screw investors in equities, suckering them with hype and deception.
How many commodities have you seen go to zero?
Watch em after 2:00pm cst. the bulls always try to conjure up something, 2:40pm cst is crunch time.
WallStreet new slogan after a few more companies warn will be. The fed is killing growth.
But in reality the street has overshot their earnings estimates by a country mile as the always do.
You will start to here more and more talking heads saying the fed needs to stop they are choking growth, blah blah blah they are always telling you what you need to buy its always buy buy buy.
I have just gotten so bearish.
WallStreet new slogan after a few more companies warn will be. The fed is killing growth.
But in reality the street has overshot their earnings estimates by a country mile as the always do.
You will start to here more and more talking heads saying the fed needs to stop they are choking growth, blah blah blah they are always telling you what you need to buy its always buy buy buy.
I have just gotten so bearish.
Here it goes make a pretty pattern. One inverse H&S pattern comming up.
if the bulls are going to try anything now is the time.
Boy these bulls are really strutting their stuff into the close, showing size 4 price levels lower then the best bid, and they get pulled so fast if price gets to close.
typical turning point in the spoo and dow. classic end of the day bounce ---yawn --as usual.
I have seen end of day overnight rallies for so long --it seems every decent down day is the same ole story. You can make a living trading just the end of day bounce. The ER2 is on it's ass still.
BKX and Housing have not bounced with the spoo. We may see a weak close here and a weaker opening on sunday. I am bearish and if we don't rally hard the begining of next week ---we could get a few fireworks.
I have seen end of day overnight rallies for so long --it seems every decent down day is the same ole story. You can make a living trading just the end of day bounce. The ER2 is on it's ass still.
BKX and Housing have not bounced with the spoo. We may see a weak close here and a weaker opening on sunday. I am bearish and if we don't rally hard the begining of next week ---we could get a few fireworks.
All we need if a few more warnings, GE comes to mind, estimates are way to high @.47, last quarter the made .39 just have my doubts about alot of US companies right now.
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