Thursday, October 4, 2007

Driving to Ohio

I'm driving to Ohio today - 750 miles, 13 hours. There's no airport near my hometown, so with airport delays and rental car delays, a drive is more workable. I'm taking my dog Spikie for company. I know where all the McDonald's are, so I should be well nourished!

The markets seem to be setting up for a grind higher with this consolidation. Ms. Market is at the natural resistant point so will likely play it coy awhile. She might encourage the beefers to make advances on the dark side, but I expect at some time this month, barring news, that she'll reject their evil advances and return to the bump & grind higher.

Real buyers are patient, waiting for dips and wary of October. At some point they'll get good entries and the bears will be back to the caves.

It's a bull market. Buy dips in good stocks & groups. Hold until something changes.

19 comments:

  1. rural Ohio...maybe this guy really is a common man....

    die yankees die!

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  2. MLF59...how you working this corner GLD... suck in the bear while we shake the weak hands...do we wait for the dollar to move back to resistance.

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  3. I added a little today Frosty...lots of weak hands and fast money in there...sentiment a bit too bullish to be really aggressive....if the dollar index can move up to around 80 I'll ad again...

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  4. MPEL darkside...pin action LVS WYNN plus if the chicoms come in, we get a little extra juice.

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  5. Next Wed 9pm est on discovery times-a 2 hour special on pat tillman...should be worth watching...

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  6. Al Pacino

    Who's on firrrst baaase????

    Whaaaats on second????

    IIIIiiii dunnnoooo

    THIRD BASE!!

    funny as hell

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  7. Frosty what are your thoughts on the financials here? foreign money centers like AIB IRE BCS have been up 5-6 days in a row...worth a darkside probe here?

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  8. MLF59...i was looking at bob barker today, BCS...another very good trader mentioned IRE...the EU failed to lower rates today which should help take some wind out of their sails and the tea leafs show clear stop loss levels, so yep, worth a shot.

    MPEL added more darkside.

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  9. IRE also has the double Spinny gappa below which certainly doesn't hurt the darkside case.

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  10. IRE also has the double Spinny gappa below which certainly doesn't hurt the darkside case.

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  11. the EU pat on rates...Ben warming up the chopper should help your gold as well...just to state the obvious...might be a good pair trade, long gold short euromern fins.

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  12. GREG...the up 50% chicom flavor of the day...I thought we NWD moved it was over then I see this...china recycling...LMAOOO...name change, you may remember it as china digital wireless...hold long enough it will go nano solar with a stem cell kicker.

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  13. mfl playin prison rules in the tank... bashin the yanks.....really sharpened his toothbrush today

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  14. prison rules lmaoooo....

    Frosty start smashing bids in these airline stocks would ya...these suckers dont want to go down these days...

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  15. MLF59....would like to help but going hand to hand with the chicoms, their coming over the wire...wave after wave.

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  16. I wonder how many big macs bunkerman has consumed so far today....

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  17. stem cell kicker...ROFL

    DIE GAMECOCKS DIE !!!!!!!!!!!!!!!

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