Poolman's Account Talk

So what's your opinion:

Is it soup yet? or are we in for another -200 points in the S&P next week?

Honestly amoeba, I can't look out a whole week at a time. Sentiment changes so fast from day to day and sometimes even quicker. There are so many things happening right now to our already weak Economy that makes it hard to know when to enter Equities.

I will say that things IMO don't look good and they have not looked good since the Housing Bubble and we dropped all year long. Unemployment, BP Disaster, Housing, Sentiment, etc... I think we are not done going down.

To much Bad News and Not enough Good.:notrust:
 
Well it already looks like the Big Rally this morning is fading. The Gap up this mornings is currently being closed. Will this make the 8th down day in a row. I don't know but this kind trading is what makes me nervous. I feel zero confidence to the upside from these levels and of course my feelings can change quick too.


http://www.youtube.com/watch?v=cM9TDgtdV4c&playnext_from=TL&videos=es-3Z130XUM&feature=sub

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Even this Vid does not convey what is happening 45 minutes of the vid being published.

http://www.youtube.com/watch?v=I3eWWxxuceY&playnext_from=TL&videos=5MzylGV5m0E&feature=sub

http://www.youtube.com/watch?v=azyQwTpeTNw&playnext_from=TL&videos=5DUMjf_7a0g&feature=sub

http://www.youtube.com/watch?v=WGi3QXdhxvQ&playnext_from=TL&videos=7P4LFDLOx3w&feature=sub
 
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