Is there any more hated rally than this one? Oh, I’m sure they are all hated because most tend to miss the boat, the biggest part of the move. It is when the crowd is giddy and they go ‘all in’ that the markets will ensure a correction is to be had. That is normally [...]
It didn’t have to be this way. Could have been different, far different. Much better. But this is what we have, so we have to deal with it. Oh, I’m not going to whine about the markets today. We all understand how it operates. There is no certainty in predicting the future. You do your [...]
Hard to believe 2011 is almost finished, yet there seems to be so much left before the clock strikes midnight on Dec 31st. If I were to describe this as a turbulent year that would be an understatement. World events have dominated the news, emotions swung on the pendulum of fear to greed. Markets are [...]
Four weeks of market rally but does it feel that way? After all, the high in September of 1220 was just exceeded a couple of times this week. Mind you Friday’s close seemed quite bullish but let’s remember how these rushes have recently ended – badly. Market breakouts like this are normally there for the [...]
Out with the old, in with the new. Oh, I don’t like austerity but certainly you couldn’t argue that the country needs some fiscal responsibility and restraint against spending. Maybe a new attitude isn’t far behind. I know many are viewing this credit downgrade negatively, we are certainly getting an earful from the media [...]
Commentary – 07.12.11 If there is one thing we know about this market is its unpredictability. Last night when I went to bed the futures were down about 9 – knocked for a loop after some worries over Italy suddenly surfaced. This really is not a new problem as we know but given the sharp [...]
Remembering Last Year’s Markets
There is lots of talk about how this incredible rally from the beginning of the year and even from last Oct 3 is just a mirage, that it cannot last. We often hear this from those less fortunate – those on the sidelines. Of course, much of that chatter is coming from those who have [...]
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