Tuesday, September 7, 2010

Oil

Still thinking it will fall hard but we will see. Market looks like it wants a bit higher and actually we seem to be in a little uptrend till the cycle high in October. You never know as the last time it totally didn't trade through the previous highs and in turned it reversed. I will be watching carefully today for sure especially the volume which has been light.
All systems up and running as I type.

Friday, September 3, 2010

Fixed

Network is cleared and protected now finally, so I will be installing everything back on the weekend and ready for next week. Hope to get back to regular posting then.
Oil is trying to give a fight but I would double up on shorts up here.

Thursday, September 2, 2010

Network problem

So this is the third day of fixing my network. I hope to finish tonight- My emails hacked, network hacked and what else I don't know, just a bummer but these things always seem to happen to me and at the worse times.
Market looks like 1087 resistance but when I have everything up and running perfectly hopefully tuesday I am post my thoughts.

Have a safe holiday weekend

Tuesday, August 31, 2010

No action

Well first virus on my apple- Oh well too good to be true but it is better than having it everyday. Still trying to get everything up and running. I have no idea if my email was compromised through this whole virus/trojan thing. Man I just hate non working computers

Monday, August 30, 2010

wow

Well I got major computer problems and my email accounts have been hack- why the heck these scumbags don't use their talents for something good- geez-

Friday, August 27, 2010

Bernanke

Wow Bernanke not saying anything good. We said it before it is all smoke screen about recovery

Thursday, August 26, 2010

SO

So analysis of yesterday action was dead on. Where do we go from there. Well! My technicals are tell me the market is around 16% overvalued here. So at DOW 10000, that puts real value of the market somewhere around 8400 area. We surely wont die yet till be break down down below 1021 on the S&P is my prediction. We are close but not close enough.