couldnt agree more on beginning of the downtrend labor cycle
it lags the spending downtrend by several months
the astute companies adjust early
the laggards remain caught in denial, thus hold excess labor force longer
I have two former Digital colleagues at Fidelity in Boston
one is a VP, another an advertising analyst now
I will check with them and report back
cannot hurt
how do you like my new moniker?
I just couldnt bring myself to return to the infamous "Jim Willie CB"
since I am a hirsuit dogman, the woolly label came to mind when talking to myself
I do that
somehow, somewhere, sometime soon I expect a surprise rally that sticks
been thinking a lot about it
it must come after tons of bad news is absorbed
but most of that could well be very expected
it must come after tax selling abates
and April 15th is next Sunday methinks
so by the time earnings reports are out, some pitiful guidance is set forth...
we could actually have enough doubt to engender some optimism founded in denial
do you think much of the short covering potential was exhausted last Thursday?
I tend to think much was exhausted
but shorterm gamesmen and gameswomen could build a decent rally
nothing like springtime to bring thoughts toward optimism
spring is a time of annual renewal, where strange things happen
for me, all the short skirts, brightly colored dresses, sleeveless blouses...
wow, they just make me want to stand up and take notice
somehow it could lead to some downright silly optimism
and poof, you have a 15% Naz rally
a move to Naz 2000 wouldnt take too much
then the door slams when reality of recession bites with huge fat sharp teeth
18dayMA and 30dayMA are something like 1850 and 2000
these seem like attainable targets, but maybe not the 2000
Amazon? gimme a break
so their news means they can extend their date with bankruptcy for another 6 months?
this market is really reaching
but then, it is spring
it hit 84 degrees in western Pennsylvania over the weekend, both days
JW on the bigass bike, yeah, baby
/ jw |
