That's why you have to be so careful. Wow. That was a fast kneejerk bounce and then a turn lower. We will see how this reacts through out the day. Treasuries are rallying which is always bearish for stocks. Let's see if our "friends" around the world can step up and cut rates today too.. Getting closer,getting closer................
Tuesday, January 22, 2008
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About Me
- upsidetrader
- 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.
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