Whipsaw's Account Talk

Interesting article on why we're back at market highs... oil stabilizing, global economy not tanking, dollar off from its highs, global QE and the FED not raising rates...

Here

Making gains this week, but its a mighty slow crawl up the tracker with so many invested. Market gains for all my friends! :D
 
I know. It colors our thinking...My thinking is that we're now past the Euphoria stage and the Taking profits Stage is in effect....shouldn't be long before we see some type of reversal...I know I know...I've said that since SPX 2040...Good Luck Out There!

FS
 
I've come across this blog on a few occasions and he has good analysis, in this one he speaks of a significant 2+ years consolidation, and that we're at the top of the box. With a significant consolidation over such a long period of time, as large move up or down is a likely result. 'keep an open mind, price will guide...' stay nimble.

Chris Ciovacco's Tumblr
 
Rally to the close! :D Now, is this a buy the rumor, sell the news situation? Do we take a nose dive on Yellen's yelling tomorrow? Hmmmmmmm...
 
Asia and futures down at the moment. As FS said, its going to be an interesting week. Will Yellen sayeth great sooth tomorrow?
 
Well whatever she says, I hope the F fund likes it. For the month of April the F fund has been up only 5 days and down 12.
 
I step out of the office on travel yesterday morning, everything looks fine; I get to the hotel and there's a mess. Tell Carl to pipe down for goodness sakes... May have access later this morning, no moves for now. Worst case I deal with it next week.
 
Back
Top