Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Nuttin' new


Good afternoon all. I haven't posted an article today in the Gazette because I really didn't have anything new to say. The market continues to grind lower because the aggressive money isn't leveraged long and the shorts who are willing to play, do so intraday. Basically, it seems to me that most are just standing aside out of the way and if they take a shot, it is with a BB gun vs. a bazooka.

Until either Iraq's outcome becomes more clear, the intermediate-term indicators all reach prior bounce levels or for some reason earnings explode higher making valuations cheap...the market has more risk than reward as I have recently been outlining. As I said yesterday in my afternoon thoughts, I am looking long, but need to see some evidence that it makes sense first. History suggests my pure guesses ain't so good, so I chose to wait for evidence.

In response to toddo's comment about the daisy doll and me earlier - if daisy is a figment of your imagination, what are you trying to say? Either way, there's nuttin better than fish with Toddo and Fokker!
< Previous
  • 1
Next >
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Featured Videos