He is a dove's dove. A helicopter's helicopter. A banana republic's banana. I think he will never raise interest rates as long as the S&P is below 1200. I don't know what shorts were thinking he was going to say to crash the market.
We are stuck in a range. We've got upside to 1111, and downside to 1091. If we get a bit more rally today, I will be dumping my longs. Too much too fast. I am now thinking that we will close lower than current levels, but may squeeze a bit higher during lunch. I still think playing long is safer than going short.
Wednesday, February 24, 2010
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2 comments:
Japan, Hang Seng, India, and Germany all have small candlesticks. Japan & Germany have red candlesticks. An SPX close around 1100 would give US a small candlestick.
MOre jTx 2.30 ol dawg
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