After a sound drubbing so far this year finally a set up worth piling into. I will go out on a limb here and prognosticate the next few days. Thursday and Friday we learned that some meaning less currencies are in trouble. Throw Puerto Rico under the bus to make it feel closer to home and announce a bs layoff at Walmart (2800 surely quit every day at Walmart) Monday we will get some follow thru to the downside with some type of bs about the income gap dominating the news. Tuesday will move around late afternoon when the State of the Union transcripts start to leak. Tuesday night Obama will declare war on evil bankers and the income gap. Down Wednesday morning again flattens around noon until I think it is 2p when the new fed who was hidden away Tuesday announces they will do what it takes to keep interest low for the interest of people on the other side of the gap. Taper off, market +350 for the day from -125 and bull market back on. Oh, and btw the fuel for an even bigger gap. All polotics and a battle for position. Well see how close I come and if there is time for trades.
Posted on: Sun, 26 Jan 2014 02:14:03 +0000
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