Just checking in, seems like this 16,000 level is being violated, and with it the second move down has been confirmed. As for the rallies, they can come out of no where, be very extreme, and last longer than anyone wants. Worse than that if you short an individual stock it could just trend for awhile, or do its best to frustrate you in that trade.
Just like the upside, the downside is just as tricky. Good traders can play moves, while other get married to a position.
Still enjoying these low oil prices, but heard a news story that Saudi Arabia is been pressured with these low prices. That could signal that a hike is in the cards, but they might discover that it will last for awhile, and then give up the gain.
The economy is still good in America, but the world needs another big invention to move it forward, otherwise demand for anything will be at best tepid.
Received my health insurance bill for next year, the smallest increase, barely 2 %, these past five years are some of the smallest increase of the past 20 years.
Tennessee's Governor is in Israel, but our road projects have been put on hold for the for seeable future, have no reason except it isn't a priority. Meanwhile we have Orange barrels all over the place, three lane roads turning into two lane bottlenecks, and exit ramps that never seem to get done.
