Monday, October 02, 2006

 

Quick Alert: Beware of the Faux Rally

Due to a Jewish holiday, today's trading will be light and subject to manipulation. So, don't get too excited, one way or another, as to the direction of the market.

Undoubtedly, there is a lot of "dumb money" sloshing around now, trying to placate the fuckers at CNBC with their "new high" marathon countdown.

NOTE: I wonder if the selling in QCOM is overdone. All of a sudden, QCOM is nearing a 52 week low-- not good for tech's.

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