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Why? :suspicious:100% "G" COB today.![]()
The why is all about Burntankle. View attachment 15112If he continues the QE it will further devalue the dollar and led to inflation in the end. If he doesn't or at least hint that he will it will crash the markets, overseas markets are in turmoil this morning, Hurricane may hit Wall Street. Just trying to protect my weekly gains.
Hope we get a little bounce this afternoon, what happened to the PPT?
Short-lived? The small caps made a big move up, but it is now being driven down...Looks like the Market is in the REBOUND MODE!![]()
I hope it holds. It is Friday, usually a low volume day so unless there are a lot of people who didn't take an early week-end (like they usually do) or they are NOT preparing to leave NYC in front of Irene, then I suspect we will probably lose all or most of these gains by EOD...The R2K is holding and the VIX is on the run at 36.95 off 2.81. I'm going to start buying in an hour.
Usually, low volume causes the markets to go up. Lots of traders short, so they will cover before hightailing itI hope it holds. It is Friday, usually a low volume day so unless there are a lot of people who didn't take an early week-end (like they usually do) or they are NOT preparing to leave NYC in front of Irene, then I suspect we will probably lose all or most of these gains by EOD...
But who knows, it keeps going up![]()
Even if that low volume is selling?Usually, low volume causes the markets to go up. Lots of traders short, so they will cover before hightailing it
I just took out a 4% five year fixed HE loan, will pay it off in THREE 3 years.I can borrow at 2.75% so I'm cashing in and buying as much as I can while the good times are here.
No, circle that down dip on the left and wait for the dip coming up to form the right shoulder and then you'll have it.Is that an Inverse Head and Shoulders forming? The last two didn't work, but you never know.
View attachment 15187