TR,
Cool video.
What do we see as we near a turn? That is what I've been thinking about lately. And more so that usual, as I keep asking the same damn question, which is, "what the hell trumps 8 billion or so a day?".
Yea, fundamentals. I'm there with you 100% regarding what I think we both believe the fundamentals are, but again, does it matter now? Meaning, Monday, then Tuesday, then....
So, I didn't short yesterday, but I wanted to. I want to every damn day.
Maybe it is going to take a burning a bank or 20. Maybe that 18.5% getting into our streets like in Greece and making a point.
I don't know. Another trader and I were talking about how easy the first half of the year was. There was fear, an extended rebound in the indexes, and signs that all the gubbermint crap was ineffective. Then QE2 was gamed to perfection and since August, I feel every trade is more or less a gamble. I don't want to gamble, I want to position based on extremely good odds. And right now, I simply can't do that.
So, I just keep thinking and waiting and hoping the path is exposed and early.
GT
TH |
