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Mall traffic is up says CNBC expert this am. Consumers are spending. Unemployment for college educated is "only" 5%. Can kicking has always kept the serfs happy in the past hasn't it?
Yes it has, and that's the problem: I'm a serf - part of the masses that gets in the market at exactly the wrong moment.
News alert - Futures_Trader, a top 20 returner the past 3 years, who hates losing money so much he rarely does, has just moved 30% in. He's second to me in IFT's, so I better get moving before he catches.
well:
It looks like the democrats have no spine; and caved; this will prop up the markets in the short term;
I may go in ahead of the retail sales number on 12/14, I expect it to beat expectations - altho that may be priced in, if that happens, it may get a jump monday from other rally "chasers", like me, and who sell the news when it comes. I will likely go in at least 30%, probably more for COB friday before. It would be nice to be right one of these days. Anyhoo, it looks like F_T has some reasons for what looks like an average in - so we'll see how it goes.
My reason was cuz we're above the 8 day ema, and my next move might be dump the rest in S with 1% in every other fund..just to keep ahead of you in IFTs~~
As per usual:
Market sold off like clockwork the day after I put money in; this is starting to look like a buy rumor/sell news situation; I_T already took a big leap on the bond flop (100% F); while F_T remains doubled down on S (~76%).
I am off to all day meetings early tomorrow; so if someone has a clue how this week will end up - and is willing to put their money (IFT) where there mouth is....post it here....I'll check back ~7:30 am pst to decide.
I'm countin on ya.