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To: Robert O who wrote (985)6/12/2012 10:32:39 AM
From: The Ox  Read Replies (2) | Respond to of 8239
 
The pessimists are getting too loud, imo. I'm cautious but still optimistic overall. I respect the downside and expect a lot more of it due to this "loud" (what I consider) noise.

EDIT - let me add that the loudest cries these days are from my friends who have the most. Money, power, education and careers. They have it all. Yet they are the biggest, whinyest bunch of cry babies and it simply astounds me. I ask them why they aren't happy with the world, since it's their oyster and all I get is doom and gloom. I simply can't understand it and will NEVER embrace it. I would understand if they didn't have a job or couldn't make their house/credit card payments. But to literally "have it all" and not be even remotely happy just is totally beyond my comprehension. I don't get it....to say the least.



To: Robert O who wrote (985)6/12/2012 10:44:59 AM
From: The Ox  Respond to of 8239
 
Sorry, Robert, as I didn't intend to post that message directly to you. It was just a thought that's been simmering in my head for a couple of weeks.

Yes, there was enough good news combined with the strong short term selloff which created this mornings bounce. APKT continues to favor the downside, so I may bail on them but my downside stop will still keep me solidly in the green with my purchases from yesterday.

A lot of stocks have closed gaps created over the past 2 weeks. Let's see if we get another short term bounce up or if the sellers continue to swamp this market?