Dead cat bounces in the stock market never end well for the cat Its starting to look like Bernanke is throwing cold water on what started off yesterday as a market on-fire. I’ve always thought that this market probably wasn’t anything more than a dead-cat bounce, but it was a bounce that we could
Dead cat bounces in the stock market never end well for the cat Its starting to look like Bernanke is throwing cold water on what started off yesterday as a market on-fire. I’ve always thought that this market probably wasn’t anything more than a dead-cat bounce, but it was a bounce that we could
Can I just say... I'm tired. I really l am. From a trading stand point, I had a good week. But that doesn't mean this week wasn't exhausting. I've got plans to sit outside, bask in the Florida Autumn sun (68 F) and enjoy some sweet tea and boiled peanuts under a cloudless sky. And
Oh the humanity... The bulls are no doubt feeling the anguish today - huge sell-off that I think has caught everyone off guard by the depth of it, and their reaction is this;Â Couple that with the irritation nationwide from a split electorate that no matter who would've won, half the people would be ticked.Â
When you get the kind of news today that we got out of Google (GOOG), it often brings an opportunity to be humored a bit by visiting the Yahoo! Message boards on their finance site. What you’ll find are people who have no business at all trading in the financial markets. So I took
If a picture is worth a thousand words, this picture, can probably do the same for bearish traders. In essence, the bears had the bulls at the edge of dropping off of a cliff (or subject themselves to a complete mauling). Actually they did push them off by breaking through 1430 last Friday. But somehow,
Its been a brutal three days for the bears. The bears has the bulls out numbered. Support was broken. No one was buying. If Rambo was the last bull standing (and I'm pretty sure he was), then your week basically looked like this.... Â
If you've been a bull in this market over the past week, we were looking right down the sites of 1500. The glory would be the bulls'. It was like General Cornwallace seeing the colonialists down in the valley in you have the high ground ready to pounce and take all the glory. Then all of
The Wall Street bulls are a bit depressed... If you don't believe, here's a few clips of what they are up to these days. This market needs to bounce or who knows what's next for them.Â
I found this to be very funny, and thought I’d share in case you are growing weary of the sideways action we’ve seen in the market so far this week.Â