Showing posts with label Green shoots in the stock market. Show all posts
Showing posts with label Green shoots in the stock market. Show all posts

Friday, 31 July 2009

Animals are not allowed on the beach

The stock markets as of late have been on a high.  Volume is at an all time low and the summer lull is setting in as the tide beckons.  The high is generating a lot of interest for what is normally a fairly dull time of year.  Perhaps our handy electronic gadgets are partially to blame.  

I'd say...see you in September.  Shut off that gadget.  The world is not going to change much before that.  Or, sell out and jump back in sometime in October.  That way, you get a proper relaxing stretch to curl your toes into the warm sand.  I could be wrong so consult your own astrology charts.  

Speaking of charts, one of the best chart-sters out there is Doug Short.  Check his charts out here before you unplug for the summer.  If you are bearish, look at this one.  If you are more bullish, this is the one for you....

Now turn that thing off.

Saturday, 18 April 2009

I'm a wallflower

Can how you feel make things better even if things are the same?  Are things the same?  Ok...the banks are releasing glorious numbers, the markets are jumping for pleasure and the "green shoots" phrase is sprouting up everywhere.  As predicted, these numbers are splendid.  Unless, of course, one starts digging.  Or thinking.  It is more than likely if we all stop digging and thinking, we can blink ourselves back into a recovery of sorts.  But then the dreaded time thing remains.  

How long can we remain fools?   The stock market world is either collectively drunk on hope and dancing on tables, or, leaning cooly against the wall with a bit of a scowl watching the dancers.  Those teetering institutions that are now all called banks are the caterers.  Only they know what is really in those hors d'oeuvres.  The food has been so artfully arranged it is hard to tell what everything is.  The U.S. government is the band.  They are deciding what number to play next.  So, it is a bit quiet, save the trumpeter who is mucking about, tuning up, emoting squeaky unconvincing cheerful noises.