The tape has been bucking like a wild bronco and if you’re still holding long from our entry Tuesday morning then you ought to qualify for some kind of NFR award. The cash price hasn’t yet come due however as apparently this bronco ain’t done bucking just yet. Come to think of it, generally speaking traders actually have a lot in common with those “roughies” or rough stock rodeo riders, who sometimes have been described as being too lazy to work, too jealous to pimp, and too scared to steal. I reckon that shoe fits
This may come as a complete shock to you, but this may be the first time in modern history that a German has won a comedy contest, and without British assistance. Yes, just let that sink in for a while. Now I already know what you’re thinking: If this isn’t a clear sign that the West is heading straight into the new Dark Ages then I don’t know what is. And I would agree with you, but let me explain. It all started with Howard Lindzon snapping a screenshot of Marc Faber, a.k.a. Dr. Doom, who was trying out what must have been his new comedy routine on MSNBC, suggesting that the Dow may at some point touch the 100,000 mark. So Howard snaps a screenshot and puts it on [...]
Try try again! But obviously one must draw a firm line between becoming obsessive in chasing the tiger’s tail and being able to pull the trigger when the odds appear to be in our favor. Which is only possible if we have defined a clear set of rules ahead of time which clearly define what is considered an entry opportunity and what is not. So let’s see what we’re dealing with today:
I really hope you enjoyed your Labor Day weekend because things are heating up fast now and it’s finally time to get back to work and earn our keep. We’ve got a few weeks of quiet but before you know it they’ll shift all gears into Christmas season, and you better make sure Santa has you on his VIP list (yes, he is a man – suck it). Time to stop slacking around, let’s bank ourselves some coin.