We've tangled a bit over market direction, but we're both in the same rough waters, trying to stay afloat. It's a difficult business. I do take it seriously, and there are many notes on your thread that I take seriously, by traders such as yourself, Monty, Lee, Paul, Don, Dennis and many others.
Yes, I fool around a bit in church, I know, but it's harmless fidgeting. I don't know why anyone would take it seriously. The place gets packed with idols at times, and a well-aimed nudge doesn't hurt at times. Maybe it helps topple some notions, or lets in some light (probably not, I guess). Sometimes, TA turns into a lot of bunk. What's worse is smug bunk, supercilious, puffed-up, self-important bunk.
No one knows the future direction of the market, and no one has the final word on a chart, the definitive analysis. There are a few people who think they're the exceptions to this rule, of course: Gurus. Their realm is so lofty that there's no point in trying to follow along. The artificial light is too bright, the air too thin (and hot), the food too rich (even for pablum).
If the Naz gaps much lower in the morning, it wipes out some serious support. But maybe it won't. Only Maria knows for sure, I guess, and she isn't telling the viewers. But there is a good sale on tech stocks going on in the studio. Most of them are available in a new bright spring color today: red. |
