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Late Friday Convo with the Critters


I gotta be frank with all you Minyans...I am burnt and got nuttin new to say. As a result, lets see what the critters are up to...

Snapper - I had my day in the sun this week...didn't you see that move above 1,000 on the S&P 500. Perfect snappage right up to the upper end of the range. Classic I tell ya...classic.

Sammy - Hold on there did have a one or two moments in the sun, but when you step back a bit, you would see the range over the last two months has been limited to under 5% and closer to 4%. So the only question I can ask ya is - "whose your daddy (slap, slap) - whose your daddy."

Hoofy - You are both pretty funny and both kinda right. What I would also like to point out is that if you take even one more step back, you would see this is simply a pause because of the powerful move off the March lows. Hmmm over 23.7% upside just since March? That is what I am talkin' about.

Boo - You are all pretty comical. Just look at something more than the last few months and you will note that there ain't exactly a long-term uptrend going on. As a matter of fact, there remains a clear trend of lower highs and lower lows going back to 2000 in any of the major market indices. This unjustified rally hasn't even got the tape to make a higher high yet. I love you all, but you better just chill out cause I am hungry.

Tony - I can see why Toddo has less hair than when I met are all right and have valid points, but I have no hair left to pull out. You also bring to my attention how important it is to define time frame and have a plan of action because how you look at the market depends on how you look at the market. Hey, I said that twice and it still made sense. It must be Friday at 4 and see you next week.
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