SPECIAL POST. I woke up this a.m. to the plumbers I hired to do some heavy plumbing at my house, they had the trench dug in 30 minutes, and had my Cable/Internet cut. So I've been dealing with that. I just got to our family cafe where there's wi-fi and I'm going to look at the market now so there will be an update coming as soon as I get caught up. Emails , I'll get to them ASAP.
Thanks.
5 years ago
8 comments:
Imagine that; The White House Blocked NOAA from releasing the actual worse case scenario of the amount of oil being leaked into the ocean by the BP well. Just came across the wires. Lets imagine what else this White House is blocking from being released.
Not a great way to start the morning! lol. Hopefully the plumers will get their act in gear.
Still very bearish at this point on the markets.
US Dollar is at extreme oversold readings and getting a lot neg press lately. This typicaly marks a strong turn around point in past market points.
The US Dollar could be the big surprise going forward. Almost nobody expects a strong rally. That is why it is likely to happen.
I am convinced the market has been held up only to allow the large players and insiders to bail before letting it go.
Don't be surprised if all of a sudden the dollar rallies and you hear about all the people that got caught in bad positions in the currency market. The currency market is much larger in terms of money and positions than our stock market. We may be seeing a huge bull trap in the making.
QS, no it was not. I looked at that hole and new I'd be cut-off, my poor wife is sitting there waiting for AT&T to show up, with no computer, no TV, just some i-phone games. She called me and told me "The Destroyers have left" with her cute Hungarian accent.
Alesund, to some degree, I agree with you. If they didn't pump liquidity into the markets, can you imagine what volume would look like, it would be like trying to sell 10,000 shares in a stock that trades 50,000 a day, but in After hours. Favors.... now you know why Wall Street contributes to everyone's campaign, you just never know when you'll need a favor
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