Our numbers looked good today, a good mix of dip stalkers and short covering, late in the day in particular, a few started moving. Either news is scheduled, or shorts may have been given margin calls.
There is so much inertia in this trade the avg peron has no chance of figuring out how out of balance this market really is. There are few honest mouthpieces, all media is bent on hosing investors who own the stocks with the best forward demand.
We will probably see some bounce in the next few days, but the Jewish holidays and the short rules to be updated again, will cloud this trade with a high content of missing information, this isnt a time for anything but fractional actions into the elections.
go slow, take your time, we are once again in earnings season, and a full serving of obfuscation could be served. remain margin neutral, but perform the critical task of comparative valuation.
monolithic declines provide the "best opportunity" for investors seeking the path of the SIP portfolios primary goals.
stalk into mid oct, with clear awareness of gaps up and down on all charts, earnings and guidance will provide more clarity.
This has been a low news flow quarter, IMO this facet, is staged to sustain the dark intent prevailing.
There are still no market prices.......
As we bump along this trajectory, peripheral vision is critical, need help, let me know. |
