Written by d_walter on April 23, 2010 – 06:54
Every time the bears appear to be on the cusp of taking this market down, it reverses and hands their heads to them. The lack of real selling indicates that this market is still bullish for the intermediate term. Also, the investment models we use at our firm to help guide our investment [...]
Written by d_walter on April 15, 2010 – 13:03
What should one think when Citigroup trades over 1.2 billion shares in a day? Is this investing or are traders using shares like casino chips? The latter I think.
Psychological indicators of market optimism (e.g. CBOE equity only put/call option ratios) are at an extreme not seen in a long time and even though [...]
Written by d_walter on April 13, 2010 – 15:48
Day after day, the markets continue to float up. We’re now in earnings season and the expected good reports should hold this market up for at least a couple of more weeks. When the correction comes and it will, I expect a nastier decline than what we’ve seen so far in this 13 [...]
Don't follow the crowd.
