Saturday, May 2, 2009

Everything is just Bullish


All the talking heads are stoked over the "Green Shoots" popping up all around them. The S&P closed above the key 875 mark required for lift off. The swine flu epidemic is just a bunch of old pork chops now. The TA nerds are confounded with their signals and are leaning to the long side. I should be going long now but I just cant. When everyone is running in one direction its just my nature to head the other way. I'm still long SDS so its Hallelujah or haircut time come next week.