As predicted,, it was not rate increase,, but the explanation of Mr. Greenspan's world that got the market all jittery ,, of course the Bank of England will not raise the rates,, nor will the European Central Banks, as majority of policy making in Europe is done by so called social democrats,, we are talking ,, massive government subsidy to bring back the unemployed of Leeds and former East Germany , while the massacre of burlesque,, Nazi style massacre is going on in Kosovo,, as NATO alliance are spending ,, unusual amount of national budget on military expenditure,, remember, when it comes to shelling out money for benefit of other Europeans,, they find themselves in a very scroodge state.. as the are in a slowig economies,,
So in this environment , ,Fed is at a dilemma,, South America sucks,, Russia is written off basically,, and not all of Asia is showing any sign of recovery ,, yet US economy is heating up ,, the goldie lock , has grown up to be a fat house wife,,, and perhaps soon to be a widow,, there comes the disparity,, between us and the rest of the world,, and Mr. Greenspan is in the midle of it ,,with Sec Rubin ,,
Here is the scenario for tomorrow,,
If job no sucks, and comes in strong ,, market will crash massive ,, suggest that you make a shopping list ,, of all the fat ,, stocks ,, that has passed away ,, on us ,, from Oct ,, to now..
I have in mind . SUNW,, LU ,, MSFT ,, DELL ,,, INTC ,, GE ,, NITE ,, PCLN ,, CMGI ,, ATHM ,, YHOO , etc,, and as soon as bottom is met , grab these suckers ,, call it a X-Mas in May ,, have your wits about you.,,
In other hand , if job nos benign and market rallies,, play the intraday ,, spreads,, and wait for the end of the Friiday sell off to go long , again on the quality stocks,,
T is a winner ,, TURF let it die ,, we grab some more,, RBA ,, will surprise us ,,
I have three dreams ,, that I use ,,to know ,, how the market opens and behaves,, believe it or not, so far , 100% accuracy..
When my mumsie shows up in my dream ,, Market opens strong and dies ,, a sudden death , I do not argue, I sell all at open,, which I did on Tuesday ,,
When I dream of dogs I used to have ,, my Tara ,, a huge Borzoi ,, when he shows up ,, or Cash ,, my Afghan ,, market tanks , at open ,, and it bounces back strong ,,
Whe I dream of whores,, market ,, can go any which wild way ,, I go defensive,, if I consume the whores, market closes strong ,, but if I wake up in my drem ,, before consuming the whores, market ,, drops dead at close,,
Some of you may say ROFLMAO ,, but many have witnesed it ,, I call this my dream indicator ,, like Mr. Greenspan's ,, brief case indicator ,,
Let us pray ,, that non farm payroll numbers come in benign , above all ,, the wage should not see more than 5 cents increase, even if job numbers came in low , anything over 5 cent increase per hour , we die ,,
For latest alerts ,, go see tokyojoe.com ,,
The idea is to make 2 great trades and allow one losses,, |