RE:" what Jurgen said "
dudes, as he was the first to point out, Jurgen was a day or two out-of-sync with the "waves". But as you all know by now, JT's instincts are not to be shrugged off.
...so I'm not, that's for sure {grin}
if'n you've got a short position, I recommend that you stick in a tight trailing STOP.
Right now I'm looking at PHG, DAI, NOK.A/ERICY, SAP, and LU to go long.
Got some dudes playing long CAT; also take a look at KO, BA and MCD on the DOW. These Berney BigBoyz all have similar charts, and will either break down through perceived support or, bounce off of it.
Bondz look short-term over-bought to me, Gersh - would take a panic flight or, week-end stuff-the-cash-into-bondz to drive them up further.
Banks were interesting today, because they opened gap-down on futures, but were then met by buyers and refused to go down more. Similarly, people stepped in to BZF - Brazil, AF - Argentina, and EWW - Mexico to buy on the dip.
hey dudes - alls I'm sayin' is that when Jury gets that itch in his trigger-finger, you owe it to yourself to take a second look at your charts and see what's what.
-Steve |
