Tuesday, August 07, 2007

 

Maybe Mr. Market is a Chubby Chaser

Well well well....

It looks like we've moved to back to the "sex with lights on" phase of the relationship with Beulah, the fat market hag.

Maybe her *personality* really is genuine. Maybe she is not just after your money.

I liken today's action to make-up sex. You know, when you have a good fight, and then you get it on, and everything is just peachy, for a while. Yeah, that's right, this market is grudge-humping the shorts.

I saw good action today in FMCN, LNN, VDSI, PRFT, CPHD, SWHC, KO, and many more.

As for the dark side of things, the indexes all closed right at the downtrend line. More closes above this line will make me really want to be long again, although I have a feeling we will need a re-test of lows.

Followers of William O'Neill are now looking for a follow-through day. If you subscribe to WON's timing strategy, then you know the first day we can have a follow through day will be Thursday.

Comments:
for the record, my tolerance for fat bitches is I have none.

This market was once hot, she will be hot again.

Like christina aquilera, who was hot at 16, busted as fuck at 20 and somehow hot again at 24.
 
Danny, you will be well prepared for pregnancy.
 
Wood,

The follow through day was yesterday... the first day of this very young rally was last week.

I'm quoting the IBD... Mr. O'Neills paper.

-DT
 
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