Sometimes the silliest indicators turn out great. Bravo !I just got this from MarketWatch Alerts
"U.S. stocks gain in early trades Monday, extending Friday's big advances"
That's a Sell. Whenever they breathlessly alert you to some trivial move, you can pretty much fade it.
Looks like NAV will make out on his puts. We don't have a turn yet, so I'm not shorting this piglet yet. That's just our discipline.
Mark
Mark's Marketwatch Sell
#1
Posted 20 August 2007 - 11:10 AM
#2
Posted 20 August 2007 - 11:47 AM
#3
Posted 20 August 2007 - 12:00 PM
Mark S Young
Wall Street Sentiment
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#4
Posted 20 August 2007 - 07:08 PM
Sometimes the silliest indicators turn out great. Bravo !I just got this from MarketWatch Alerts
"U.S. stocks gain in early trades Monday, extending Friday's big advances"
That's a Sell. Whenever they breathlessly alert you to some trivial move, you can pretty much fade it.
Looks like NAV will make out on his puts. We don't have a turn yet, so I'm not shorting this piglet yet. That's just our discipline.
Mark
does nav have a blog?