inthemoney

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  • Sell the U.S. Dollar into Strength
    Dollar strenght makes no sense, I write it off to concerted intervention. However, as they say, don't step in fron of a freight train. Do not short dollar unless there is a clear sign of reversal, like 3% reversal.
    Market is 100% irrational these days from too mucgh intervention and systems trading purely on technicals, these technical systems get fooled by government intervnetion moves.
    This is why you see quality equities go down and bad ones like retailers go up, it is because for a day trader fundamentals don't matter, they trade purely on momentum.
    If you are not a day trader, buy at huge 50-60% discount and sit tight with your blue chip equities.
    Sep 11 10:36 am |Rating: 0 0 |Link to Comment |View article
  • Hedge Fund Hell
    Don't see a lot of bulls? Then who drove the market up 2.5% just last Thursday on a fantasy GDP number?
    Sep 01 11:25 am |Rating: 0 0 |Link to Comment |View article

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