just in in-tray, and out send-tray
player 1: of last week's six noted bears, r. russell is now bottom calling with rally. is this a trend change in the making? <g>
player tj: Reminder: the market will phuck the bears and the bulls, then grind all to burger meat
player 1: russell seemed to think the death cross was averted somehow. i presume he meant the industrials, his dow theory focus of course. perhaps he hasn't fully recovered from his surgery.
player 2: Nowadays, to keep subscribers happy you need to catch every 5% move. His PTI indicator gives sell signals after market drops 15 or 20 % and buy signals after it is up 5% to 10%.
player 3: He changes his mind like a broker w/ virtually no link to previous comments. Surprising but I think he did that a year ago too.
player 4: The market is politically correct. It exists to screw everyone w/o regard to race, sex or ethnicity. This will continue until a fox terrier finally bites the legs and ferrets out the fellows behind the curtain.
player tj: yes, and I would add that the market is also methodically alphabetical, in that it plays roughly with anyone whose name contains any of the following letters, a, e, i, o, u, and especially torments folks with names sporting a title (i.e. sir) or a suffix (II, III, IV … generally not making past IV).
The market is biased against the religious, in that the market will teach seemingly new lessons in terribly interesting ways horrible days after sleepless nights to those who start to suspect they are one of the gods but unfortunately wrong.
The market is an automotive enthusiast. It favors drivers with beat up secondhand high mileage clunkers and despises, relatively, those zipping in understated mini coopers convertibles and zooms in overstated bright red Ferraris.
Besides the above rules of thumb, there is the rule of the dicks. The rule says the market will always lovingly punish those walking around with a seemingly perpetual bounce, and those harboring even and perhaps especially if just an inner smirk, or is otherwise self-satisfied in any way and thinks fateful thoughts such as, “what a perfect day”.
My own experience with the market is that when it rains, it just sucks, and pours, for some sustained amount of time, until one is once more genuinely humble, sincerely contrite, even if well faked, but in all cases truly terrified, deeply suspicious of all that moves and do not move, and particularly alert to that which used to move and appears to move no more.
Oh, and one more rule, of balls, that the market generally zeros in on those who make courageous moves at an inopportune time, that be most of all times, as would the machine gunners against any foxhole that appears to harbor animation, mirthful or groaning.
Sunday sermon over, amen |
