Will Be Making Some More Posts Near Term
August 5, 2008 9:38 PM
Well, I got laid off today. Man this economy sucks. Anyhow, I will be able to post more near term unless I am at the pool, ha. This may be my opportunity to change professions and get involved in the stock market. I have long decided against being a “stock broker” i.e. salesman because I think they are selling a bunch of crap and I didn’t want to do it. Every time I speak to someone they remind me that it is about selling… can you get business?”. Exactly. Can I sell old lady’s mutual funds, lol. I can sell, I just haven’t wanted to live life selling people a big pile of crap.
Anyhow, not certain if I will be much help here anyhow as this move is still not supported, on any level, on the SP. I cannot say long when there are zero points to be long off. Will have to look at individual charts, instead of the market, and see if i can make any calls. I do not like doing that as once the house of cards turns, there is nothing to stop it - as we have seen. We have seen these huge moves in both directions for many days, for virtually no reason other than oil.
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Sorry to hear you were layed off today. Yes, that kind of stinks but maybe this is your opportunity to advance in what you enjoy & are good at. Look forward to more of your intraday posts.