I found this interesting and noticed something I missed earlier.
The thesis as explained in the FRP video since the end of August was the market would need Wall St. help to get stocks like FRP , PCLN, NFLX, etc up to their breakout areas where head fake moves galore should be found.
FRP is moving that way this afternoon although I doubt it makes it today, 3C is doing as expected on the move and what I missed before is the breakout area for a head fake move is at perhaps the strongest psychological number of all, $10 even, you never see anything for sale for $10, always $9.99 because the human mind gravitates towards these whole numbers like a heat seeking "projectile", we never know (or we do know) who's listening.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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