Thursday, November 6, 2008

FEAR Mongering & Panic Redux

Please note that I have reviewed all the stocks listed in the links.

Note that I added four new links. The most interesting one to me, is the LAST Technical Scan SHORT, Bank of America. I am sure that readers are aware of the
fantastically impossible acquisitions that BAC was used to 'bailout', I think it is ironic that its P & F downside objective is ZERO at this time.
Not that I think any sane Central Banking Authority will let this organization fail, I can see it slowly twisting in the wind as dire announcements after announcements of "special charges", etc, etc, ad nauseum. SEE IMAGE BELOW:


Please note, that the shorter of the two curves represents the $bkx. The longer curve, is the Liquidity Flow Projection.

Good Luck.


Fear Mongering, Panic Pandering. ENUF Already !

Seems to me you cant open your E-mail, your snail-mail, the TV without someone freaking out about how BAD things are. This, that, and the other. FEAR, INDECISION, buy my service, do what I say, The Sky is Falling, oh Chicken Little The Sky is Falling.

Maybe its time to simply figure out what sectors are falling and rising and find a way to time the Intermediate Trend rather than just listening to all this noise.

Much, much of what I used to read is simply noise, as the Gathering of Guru's specialize in cancelling each other out, and its all sound and fury signifiying nothing.

Below is a graphic of a liquidity flow projection for the last quarter of 2008.

Equity markets respond to liquidity or the lack thereof, make up your own mind.

I am long $BKX & XLE Call Options.