My thesis to go to 50% cash has played out just the way I imagined. Most smallcaps last couple weeks have wilted like a moustached frenchman at the first sight of battle. As you know the SPY is what I use to get a gauge of the overall strenght of the market. We have …
Today we had some people freaking out about the Shanxi Province in China taking over the coal mines. This is not exactly unexpected, read on…
I don’t expect a lot of upside tomorrow, but I do have a few long scalp/swing setups that I’ll be watching.
Don’t believe the bears. Satan’s Tea is unstoppable..
This is very eeeeeeerie. Summer ended 9/22/2009. Being that I am a gentleman and always in fashion I gave up the white pants. For 2 days the market has caught unsuspecting bulls with their pants down throwing 50 year old battery acid at their exposed margin loving skin. Smallcaps getting thrown in the dumpster …
Yesteday was good day for all from what I could see on the stream. There are bigtime breakouts happening in numerous sectors. Finnies, Basic Materials were on steroids yesterday. Big runs happening in the smallcaps in both those sectors. As I guzzled numerous cups of coffee and celebrated my the last day of summer and …