Stuck inside of Chicago with the Memphis Blues Again
Well, all the flights from O'Hare have been cancelled, so I am unexpectedly stuck in Chicago instead of winging home to my beloved family. Grumble.
I'll do a nice long post later tonight after I drink my troubles away with my colleagues......see ya then!
4 comments:
Be careful drinking with your colleagues--they might get you drunk and sell one of your kidneys...
You've not looked at SHLD in a little while. Is there such a thing as a double top head and shoulders? If that is a doofus question, I apologize.
Tim ...you nailed this correction spot on !! congrats and I hope you are not spending all those PUT $$$ in SHYTOWN !!! I am still extremely BULLISH and am playing the market that way but I was not hedged so I did have my members buy some DIA may Puts today. I cannot believe that we can go through 43.50 and hold QQQQ but we will see in the fullness of time ! The short term indicators I follow are now showing a bit of extremes as my intermediates did last week so ..if I am right ..we should be heading to new highs by May 1st ...If I am wrong , I am putting my professional career in jeopardy !!! But no one would want to see that !!! BEST OF LUCK ON your trip back and hope to discuss the hold of the qqqq at 43.50 tomorrow ...
http://www.ttthedgefund.blogspot.com
Tom
Tim,
What are your thoughts on DIA at this point. After three days in a row down, and everyone and their mother talking about shorting finally, my thoughts are it will be up for the final two days of the week. Don't get me wrong, I am a Bear at heart, and a believer in the impending crash, the housing crisis that makes it impossible for my Family income of 200K not able to buy a decent house in California, and all the reasons the Cray-Merica market is doomed, but short term, it seems like the Pro's are head faking out the Amatures again. Thoughts?
http://eeuauaughhhuauaahh.ytmnd.com/
Nothing sick, just funny, and I think you'll appreciate it.
So I'm expecting the worst - another depression like environment. If dollars are worthless, and/or fdic can only insure 100K (while it can) - what do you do with your money?
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