Kip; At first blush I thought he might have something, but in
back tracking I found him bullish on July 20th, 4 days after I
had my strong down signal. He's a perma bull, not one down call
in the mess, so he's not my type.
But thanks for the link, it was worth a look, gave me a little rush, for a little while. <G>
We do have a lot in place to send the market up, but that's like
having plenty of gas but no spark. I have a feeling the derivative
writers may be happy to just let it sit and churn for a while.
It reminds me of the time I was mate on a very large integrated
tug and barge, that had a history of damage to the barge wings
and kept going into the ship yard for repairs.
Well I figured out what was causing the damage , and took it
the big boys, they looked at me as if I was nuts, after all
I was not one of the high priced experts they were paying to come up
with a solution.
Finally one day in a moment of weakness a coke snorting arm
chair admiral from the office told me when no one was around to
back off, they were making more money by being in the ship yard than they made towing the barge.
Jim |
