Tuesday, January 27, 2009

Grinding higher

Well we grinding higher as we expecting but it is a grind. Slow and painful but might fire up some short covering over the globex highs

Tuesday

Still think we will grind higher here- Watch the commodity based stocks to see how the perform as they look to be the leaders here on the bounce. Remember today and tomorrow is FEd meeting so we might be in no man's lands but we usually have bullish action into FED decisions.

Monday, January 26, 2009

up and down

Up and down day today. We got a gap and go start but they eventually sold into it. Wow I am just getting myself set up next week to rock as I believe after this week we will get some resolve in the markets. Folks I will be blogging few and few as time goes on because of other more pressing endeavors on the fund side. But we will still be here rocking as usual.


MARKETJEDI

Mr Troy

Why dont you stay on your blog and get off mine- what is your problem.

Bounce

We just broke the 842 on the S&P spoke about last week. Looks like we are bullish here, we could possible goto 883

Sunday, January 25, 2009

Saturday, January 24, 2009

Watch:CME

IF we do bounce in the market watch CME ($169). This stock can easily squeeze to the upside $80-100 if we push higher on any meaningful bounce.
We will see