Monday, September 18, 2006
Late Day Thought
CNBC is a propaganda network.
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FOMC policy statement on the 20th. What do you think will happen? I've been waiting for a catalyst to trigger a short term correction. Could this be it?
Yes.
The buyers are going to feel the pain shortly.
Or, I will parachute into Pakistan, wearing nothing but an American Flag.
The buyers are going to feel the pain shortly.
Or, I will parachute into Pakistan, wearing nothing but an American Flag.
Ha! I'll be looking out for you on the news then.
I shorted a little more since I think the dumping will start a day early. The final hours of Monday showed weak longs bailing out. Stocks leading the rally are cooling off, or just gave up (Particularly the overbought semis: SNDK, NETL, despite FSL continued rally)
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I shorted a little more since I think the dumping will start a day early. The final hours of Monday showed weak longs bailing out. Stocks leading the rally are cooling off, or just gave up (Particularly the overbought semis: SNDK, NETL, despite FSL continued rally)
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