Wednesday, March 7, 2012

CU at 1370

By next week, we should be knocking back on that door: 1370.  It is a stairway to heaven market.  China growth scare (what idiot believes the Chinese officials for one second?), some lame excuse to sell out of Europe, and fears that Banana Ben has suddenly gotten tough and won't do QE3 have all contributed to this dip.  By next week they will be forgotten and those that sold on this dip will be pounding sand when we go back to new highs.

2 comments:

Anonymous said...

so far.. a great call.

Anonymous said...

You missed the crash of 2011, and the recovery.

Again, just post your trades and keep the pointless commentary out of it.