Archive - May 25, 2010 - Blog entry

Thank you, Mr. Market, for finally coming to your senses! It’s about time that you kicked your ecstasy habit. There are now more broken 200 day moving averages than National Rifle Association bumper stickers at a Tea Party rally. Building short lists of your next big trades. It’s way too early to pull the trigger on any of this stuff. (AAPL), (GS), (YCS), (TBT),

Guess who may be exposed to what? We will probably dig a little deeper into this if the market doesn't punish the company before positions can be expanded, in the mean time their is plenty for subscribers to chew on. I have included much food for thought for non-subscribers as well. Oh yeah, as I type this, futures are down 28 as the global markets drop 3 to 5% (again), all due to what I warned about since January yet the pundits said was "contained". Yeah, globally contained!