31
Dec
stored in: Uncategorized and tagged:

Tweet Today’s rally in the general markets surprised me in point total but the volume is typical of holiday trading and nothing really has changed in my opinion. I will hold off taking any short positions until the new year just in case bulls want to push this market higher so the main sectors I’m […]

31
Dec
stored in: Macroeconomics and tagged: ,

Tweet I really expect more from Time after reading this article questioning whether or not China is going to make it through the worldwide economic crises. China may only get 5% growth and they’re talking about that as if that’s a bad thing. The way I see it is any slowdown in China right now […]

Tweet …and it says that 2009 predictions are completely useless and a huge waste of time. It’s hard enough to try and figure out which way a particular stock, index or commodity is going to go on a daily or weekly basis, let alone where it’s going to end up at next year’s close. Besides, […]

30
Dec
stored in: Uncategorized and tagged:

Tweet This chart has been very strong off of the November lows but it could be running out of steam. It hasn’t rolled over yet so I’m not predicting that it will, but given many other negative indicators regarding the health of this rally I tend to think this will be rolling over putting the […]