I meant to post this last night (it went up at RM) but Man, this market cannot hold a bid, can it?
I’ve been watching the breadth and the volume, thinking that a rally on
decreasing A/D along with weak volume would make for a good fake. But we’re not
even getting that. It must be tough to be long after enough of these mediocre days –
they just wear you down.
On a personal note, on Wednesday Missus Big Picture and I moved our personal
retirement accounts into money market funds (2.7% — woo hoo!).
If nothing else, I eat my own dog food…
UPDATE: April 7, 2005 10:05am
To clarify, the retirement accounts are all mutual funds; I am still long a few trading stocks that have not given sell signals. My longs are primarily energy stocks, plus a few micro and small caps, primarily involved in IP, as well as shares from the company I am on the BoD. Oh, and some company involved in this newfangled doohickey called an iPod.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.