Shooting stars on both indexes. Very bad technicals.
While I am not going full force short, I am just worried that the market may head southwards after the TEPPER rally unwinds.
Key indicators are the GDP update and everyone will definitely be buying into the Bernanke nonsense. Or they may be starting to sell it too.
Brace yourselves for any drastic move as volatility is coming back again with the VIX climbing upwards.
So to cut the long story short, technicals are bad. This may trigger more sell off if the downward momentum traders come in.
Since life is not all about trading or money, I would like to post some photos of things that I see everyday in New York.
Nasty drivers, squeezing this car in his parallel parking lot. How is he gonna get out? Poor driver. Wonder who feels worse off, someone who lost money in stocks or this poor fella? It depends on you.
1 comment:
You are gussing and you already miss the boat dragon....I make money already....niiiiii--hhhhaaaoooo......and you lose....
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