If there is one thing I've learned, painfully, is that this market does not do what it should. Bugs the hell outta me. heh heh heh.
Message 8516531
closed my OEX long, too early, DRAT!!! and I'm trying to decide if this little dip we have now is a signal to go short, or a chance to get my long position back, hopefully for less than I sold it. Would not surprise me to see the OEX push 660 inside of a week.
TRIN is trending down, VIX testing support at 26, TICK pos, barely,
NYSE: A/D line running almost 2 to 1 pos, up vol 3x down, new lows 3x new highs.
True middle of the road, tip o' the hat to Donald, LG, the Bears (shark, king, bobby), Sun Tzu, Cas, OJ, Vitas, James, Monty, Gersh, GZ, and anybody else I've read recently. I'm up to 3am+ when I get home skimming hundreds of posts between several threads tryin' to improve my trading skills. So much to learn around here. Thank you everybody for doing what you do. Seriously.
Market feel, seems that it wants to go higher, that the worst of pre-announcement season is over, WAR, what war??? Oh that little skirmish, (tell that to the Albanian family next to me, I have to talk to those people today, see what's really up).
What will knock this market down??? It's not WAR, impeachment, crummy internals, DECLINING EARNINGS, geeesh. Liquidity and low interest rates float this thing higher and higher. Amazes the hell out of me.
AJC lowers earnings estimates but raises price targets citing P/E expansion. My gawd, I'm glad my sis is leaving Goldman.
oh well. Should probably just buy AOL on the dip with J6P and get some sleep. P/Es, internals, trendlines, yields, Mac Osc, etc... be damned. heh heh heh
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