vicissitudes of the market. just when you think it can't go down or up it does. sounds to me we are up against augies s and p resistance line. but the market has changed since june. there are many stocks in a relentless upward trend from july, which have filled their july gap downs and broken through for a peek around, not just the basket of stocks that have rejeuvenated themselves since Oct. I dont know whether we will see the groundhog or how long the winter will be. I own some gold just in case. just wish I had gone clown long in anything in early october, rather than being careful and bagging small game. remember when mxim was 20? q was 1.15?
blud was 2? arxx was 3? something has changed. I remember 1994 when merril pronounced that the dow would go nowhere and got in trouble with the Hearst foundation to the tune of 100 million dollars. At that time computers happened, and changed everything.
There is an underlying sentiment which says I hope that meltdown is not happening. I do not know what the spark will be to make it true. But it has to be something under our noses, that everyone can use.
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