Monday, October 6, 2008

No Street Cred And The Hits Just Keep On Coming

Folks are looking for a reason to believe but the hits just keep on coming. One hole tries to get plugged and another one becomes undone as evidenced by the problems in Europe and our futures this morning. Let's see if we grab some support at 10,000 today.

We could be setting up for some decent long side trades later today so stay tuned.

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About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.