Tuesday, June 23, 2009

Its Official!

On June 11th I announced my new technical analysis technique of correlating market tops with fallen beauty queens (its just as random as any of the other "scientific" techniques). Low and behold I pegged the top exactly! The close of the S&P below the 200SMA yesterday confirmed the call. Since I invented it I get to name it so from here on out I will refer to this market study as Cleveology. Just call me Dr Boob! Now I must be off to work on my new theory for calling market bottoms, need a name though Tushology, Bootyology, I dunno I will come up with something by then.

No picks today I just expect some consolidation before more Fed baloney. Good Luck!