Gersh
i see it pretty much the same...the street will sell this off pre FOMC as per usual and then rally it hard after...
AG is on the hot seat now imo...for the first time, we actually saw empl # very bullish...slowing is happening, and will happen from the first 4 rate hikes...it takes at least 6 months to get into the system...
at the same time..just look at the bonds..bet we break below 6%...also bullish..
so if we selloff into the end of the month say, i would expect a major rally to insue before Apr earnings..
my guess is this Q, will be awesome...the semis can not make chips fast enough, Y2K is dead, so B2B will spend like there's no tomr...the competition out there is immense...prices will not go up for goods...inflation will remain tame....
and money flows are awesome...the fundies are always late to the game, and will be playing catch up with us guys<g>..i'll be selling my stuff to them...
anyway, how can we, trading the markets, not feel excited and rewarded...boy it took a long time for me to understand, that "all the noise" is just that..meaningless drivel...
i now can laugh about it, because i was so emotional when i would see a CEO on CNBC, i'd buy that story,..now? I sell that news, before i was awestruck...so it's an on going evolution of understanding, of what is "really" going on..
thats why i continue to drop by here, to say, there are no net sellers of stock..they just keep the money revolving in and out of sectors, as they get overbought, into oversold...
i love the markets, and the wealth it has brought me and my friends...and now with the help & better understanding of P&F, and a calmer approach to trading, can honestly state..i'll have the best year ever in 2000...
and i hope you and all that post here do to...
regards OJ... |
