Monday, April 19, 2010

Goverment Blues~~~~~~~~~

Now, what timing for  the SEC to come out with these charges against the God of Wall Street!  Friday's trading was just that .... Was!  The downside momentum really stirred up the Elliot Wave People and to add insult to insult you really need to go to CNBC video archives and pull up Joe Kernen's interview with Steve Hotchberg on Friday at 7am est. time... Joe just tried his darndest to pull old Steves chains... let alone just brow beat him a few times... sorry in a hurry I will try to post it in the morning... So, a counter rebound this afternoon with help from the CNBC camp... they love Goldie locks if any of you watch it enough... they do.. and the Gods responded by haveing a nice up day... today, now are we done.... who knows, I would say this could be the start of a topping process, as the tides fight back and forth on all the allegations against the Gods of wall street... so we go sideways in my opinion.. for how long gosh your guess is as good as mine... its earnings season again too... Louisa Yamada had a nice interview with King world on Friday too.. she says we could go higher... so tighten your belts... but you better have your trigger finger ready if you ask me... its time to take profits for the big boys... may is just around the corner... gotta run...>L

1 comment:

  1. don't know L. but looks like we could be in middle 5 of 5 of 5. Or maybe 5 of 3 of 5.

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