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Words of Wisdom


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#1 maineman

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Posted 17 October 2007 - 03:21 PM

In the words of the Fabulous Furry Freak Brothers: "Times of dope, but no money, will get you through better than times of money and no dope... " Interesting day :) A little something for everyone... Nice close, but an increasingly treacherous market... mm
He who laughs laughs laughs laughs.

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#2 milbank

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Posted 17 October 2007 - 03:35 PM

We've seen this kind of action where the three major equity indices are divergent numerous times lately. It tells me three things... chose positions carefully, keep my stops tight and that speculators are running the action which is the sign of a tired runup. Maybe not THE top but, a top is forming IMO.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe