Nice Seward! and while on vacation too you bum hehehe.. but you called it and boy the markets delivering it for you.. Nice work.. The fed saved me yesterday because I usually go heavy cash after the whipsawing so I came into today with next to nothing.. of course I cant lie- I didnt have a single short, but at least I was sitting in mostly cash..
Tomorrow should be fun.. Ill probably sit out most of the day till later after 2pm and see what setups look like.. is it just another retest or does volume continue to expand and lookout below?
Not sure anyone really knows, but it appears fundamentals are the driving factor at least for me- technicals dont mean too much here,. although they never really did to me anyhow- just the basics.. Funny- yesterdays rally after the fed was based on worsening economic conditions. but todays slide is blamed on the fact that they are bad and any temporary positive from that is irrelevant.. Makes you scratch your head : )
This fall or early next year I make just pick up a part time job to take some of the heat off.. making nights like tonight where im sitting in mostly cash alot more easy to digest.. Funny they keep saying there are no jobs out there but for someone on my skill level? theres an endless supply.. People simply dont want to reduce themselves from fat money they made over the last 1-2 decades.. I have no problem picking up a paint brush or stocking shelves at home depot.. money is money.. alot more reputable bagging groceries then being an accountant for one of the US banks or worse yet being a politicians.. cant shower that off.. : )
Im actually watching TAN for an entry.. I use to hate this sector but thats changing.. are there any other etfs for solars? been a while since i played.. PBW I know is another but thats really not solar more or less.. im in no rush here tho, and since chasing is what I do (up not down) I probably have some time to go before getting a good solid position in TAN..
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