Thursday, October 16, 2008

Man Proposes, Market Disposes

S&P Trends:

Hourly: Distribution
Daily: Distribution
Weekly: Distribution
Monthly: Distribution

Well after I went off to work yesterday, the S&P 500 et. al. coughed up another one!

I cannot get back into bear funds, however, until I get a rally of some sort. Call it my new religion, if you will.

So I've missed a chunk of the decline. Grrr.

Futures look promising, though. Let's see if we can get a good frantic rally going. C'mon PPT (Plunge Protection Team, i.e. another program that our guberment can't afford)!

click picture to enlarge



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