just a quick tidbit to think about. many, MANY people predicted a 1300 handle close to the year. we are now entering the most bullish period in the year less than 15 points away from the 1300 handle. we are on a 200 point rally in october, a less than bullish month usually speaking. can we get pred...
What's interesting here is that equities are up but the dollar is not tanking. I started noticing this before... and back on Monday, that's what smelled fishy to me. Dollar wasn't playing along with the moves. Something was changing. It was enough for me to cash out and see what transpired from the...
How much does next Friday being the end month and 3rd quarter have to do with the way the market may (or will) be influenced?
I'm just wondering how big the run on lipstick could be
re: mutual funds read marketoracle article that said MFs had little dry powder - est was about 3% of total funds. MF inflows are decreasing (unemployed don't make 401K contributions) and 401k outflows are increasing (due to unemployed taking loans and early, unexpected retirees beginning some distri...
I sold my utilites today b/c they had large installations on east coast. I was worried about nuke trouble or just excessive cost to recover after storm. After Ike, the utilities in gulf coast got hammered with operational losses.
I think no QE3 - - message will be carefully given that amounts to.... you politicians need to get out of the kitchen and serve the folks in the dining room. I've held 'em off as long as I can!!
Cobra,
Made first day trades yesterday and today...based on knowledge learned here over last months. Both were green (so now must not get overconfident!)!!
Thank You for your teachings.
Been watching and learning...am total novice. Thanks to all here - esp. Cobra for sharing and teaching. It will be long time (if ever) before I can contribute...but I really appreciate the site a lot. May your trades all be safe - even if not profitable.