peace, MRVL has been pretty tight today, but look at TASR. The last few times it's dipped here has been worthwhile. I think that was on a 10 day chart. It may not be a time to go long, but to watch. I posted about a 12700 turn last weekend, and 'the boys' ran it up to lunch Monday to start a new earnings season. QID from $44.11 to $48¼ for the week, Thursday was ugly. Next Friday C reports and there's a reason for them to scrabble getting $12B of loans sold for a claimed 90¢:$1 with a 20% indemnity on the refi that THEY are carrying most of? Let's stir some mud into the numbers. WM refused JPM's deal and instead took a $7B injection into their $10B market cap.......? $40B ten months ago. What's that going to cost? LEH, GS, MER, MS all pushed tier3 assets up last ¼ to produce ½ profit from year ago ¼? GS upped it by 39% over previous report..... JPM has a waiver for 18 months to hide $400B..... When Alice Cooper wrote "Only Women Bleed", he wasn't privy to creative finance. As we're just getting into the reports for this ¼ we're already tapping that downtrend reconfirmation that ChartReader posted. I expect some more bump rally stuff, like Thursday's WMT news of people shopping there, because they can't afford anywhere else. Nordstrom and Macy's might start a shuttle to Wally World, that would be good for a 100 pts on the DOW, right?
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