New Post over at Big Wave Trading.NET
Filed Under Market Commentary |
I have posted a new article here. It amazes me how bearish Main Street is on the United States of America. It should come to no surprise to many of you. The Main Street media continues to hammer how awful things are as they have aligned themselves with Liberal Thinking. Liberal policies like the ones that would like to be implemented today are the same ones that took down the Roman Empire.
The selling today doesn’t look all that bad when you consider volume. NYSE looks like its volume will come in lower at the moment with the NASDAQ coming in a bit higher. Let the fear continue to filter into the market.
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Last 5 posts in Market Commentary
- Stocks Turn in Bullish Close - July 22nd, 2008
- Microsoft and Google Weigh on Stocks but Volume Fades - July 20th, 2008
- Crude Oil Slumps, Gives Boost to Stocks - July 18th, 2008
- Stocks Rebound Nicely but Rally Lacking - July 17th, 2008
- Stocks Fail to Hold Positive Ground - July 16th, 2008
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[…] I have posted a new article here. It amazes me how bearish Main Street is on the United States of America. It should come to no surprise to many of you. The Main Street media continues to hammer how awful things are as they have aligned themselves with Liberal Thinking. Liberal policies like the ones that would like to be implemented today are the same ones that took down the Roman … [visit site to read more] […]
Next week Retail stores report.
WMT on Tuesday. Next week could be bad.
Also reporting next week, (80%) of the companies reporting are making less this Q1 than last Q1.
some companies are reporting losing quarters of up to (-1.92)
I clicked on the other article. Are you posting in two places?
zee
In the other article, you are looking for 5 or 6 days of distribution. Retail companies report earnings next week, and I don’t see how that can go well. That might provide you with your 5 days of distribution.
In any case I’m 40% in Puts, 20% Longs, 40% cash
I post at Trading Goddess’ site as well Z.
Teen Retailers blew the doors off SSS…..we’ll see.