You know life is full of bull crappers, people with a lot air in their head and just talk like they know a lot. I am no psychologist but I believe people who are like that are insecure so they try and portray themselves as knowledgeable or important.
Humility is a great sign of a wise man because a wise man / woman will listen to anyone because he knows knowledge is infinite and therefore we can learn from anyone. Arrogance is a sign of a idiot, so listen and do less talking, more observation, less trying to be a boss and more of a sponge trying to absorb all nature and the universe has to off us.
MARKETJEDI
Monday, January 4, 2010
Divergences
Some negative divergences here but I would not weigh heavy on that since as said before the first few days of a quarter are usually heavily skewed on the buy side because of fund activity.
I am initiating a small short here on BAC in the mid $15 area. I think this one will see $11 in short order. Holding this one, no a quick trade.
I am initiating a small short here on BAC in the mid $15 area. I think this one will see $11 in short order. Holding this one, no a quick trade.
Early strength
Early strength to ring in the first trading day of the year. Oil is screaming higher and I continue to believe Oil will be bullish for years to come, just think about it we are in a massive slow down and Oil has been in a bullish consolidation though off it parabolic year of 2008.
Let's see what the first week brings alot of people like to put their hats on the first week performance as a barometer of what the year will bring. I don't have those views as I believe the first days of any quarter is usually heavy loaded because of funds putting money to work.
Let's see what the first week brings alot of people like to put their hats on the first week performance as a barometer of what the year will bring. I don't have those views as I believe the first days of any quarter is usually heavy loaded because of funds putting money to work.
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