Thursday, December 1, 2011

When all the news is BAD 11/29/2011 12:58 PM Post on IV-PM


well ALL the NEWS is BAD

   explosions in Iran,  Iranian Students storm British Embassy,  news from Euro-Land is all bad.  US markets rally yesterday but are mixed today.
   So what do you do when the NEWS YOUR GETTING (MOPE)is all good?  The mullets buy.
So what do you do when the NEWS YOUR GETTING is ALL BAD ?  The mullets sell. Hmm.
Funny most of my measures are slowing their downward momentum, and turning, while the mullets and lemmings run off the cliffs into the sea.
     Below is a current shot of the CDNX, the Venture exchange probably the most speculative and prospective in North America, having a number of indicators in positions overextended to the downside,  and in low position.To me, these measures don't look like a top to me.........what do  you think?I LIKED THAT CALL !! two days ago.  Nice one

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