Tired of the flaky rally since last March's lows. Scratching your head trying to figure out how this market continues to go up even though we have a jobless recover. Wondering why the TV idiots get all excited over companies announcing that they only sold one widget instead of ten thousand of them, but that one widget was really, really profitable. Wondering why you are out of work and panicked while the Goldman Sachs execs collect billions in bonuses because of the money you loaned them to bail them out of their crap derivative deals.Well look no further than the S&P500 which has begun to form the right shoulder of the famous head and shoulder pattern that the TA nerds are so fond of. Will it be the start of the crash and burn or will it defy logic again and catch all the short sellers flat footed. Only time will tell.
Meanwhile back at the ranch our pick did not fill as the dollar just got crushed today and gold has launched to the moon (good thing I bought a bunch in 07 when everyone told me I was craaaaazzzzyyyy. Don't even think about it I have mined the yard).
Apparently Timmy and Ben our resident useful idiots are hell bent on devaluing our buck down to toilet paper. This little move has of course made a mess of any setups for tomorrow so kick back and have a cold one!
