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Monday, May 23, 2011

Long and Strong, based on lines on charts.

Not based on fundamentals, because those are horrific.   A shotgun blast could probably hit 3 black swans in one shot. 

But my trades are placed long.   It is all about the USD (and the Euro).  

Individual stock trading can "beat" the USD but overall, the "band on the titanic" play bravely into the water.  

Comments appreciated.   Anyone out there?

Posted by Stock at 9:32 PM

4 comments:

  1. darelllMay 24, 2011 at 9:27 AM

    Still here Steve, im also leaning long
    http://min.us/lcBiH8

    ReplyDelete
  2. dark1pMay 24, 2011 at 5:38 PM

    Mmmm...I don't know. Dollar to 82 or so, at least. Might be some gyrations in there, but looking less and less likely we revisit the lows for some time. ES might get to 1290 this week. Maybe.

    That's what makes a horse race, I guess.

    ReplyDelete
  3. stockdudeMay 24, 2011 at 6:52 PM

    Good to see you, long time no see.

    ReplyDelete
  4. stockdudeMay 24, 2011 at 6:52 PM

    Was out in field all day today, didn't once think about market, maybe I should have!!

    ReplyDelete

Insightful and Useful Comment!

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