Markets

With this poor open, just a reminder that the 200 day moving average is still around 25,000 and the 50 day moving average which has crossed below the 200 is still way above at approximately 24,600.  The DOW is at 23,100 as we write this. That is a lot of territory between. This probably…probably means…

Darn it. We were actually going to lay low until this weekend when we hit you between the eyes on markets but: Before we even start, Mitt Romney, the Sybil of politics, went after Trump (we are no fan) in an op-ed in the Washington Post. We have one simple question for Mr. Romney. If…

-On Wednesday, after 4,268 points to the downside, aunt Mary and uncle Bob left their house in their Toyota Supra and drove over to their EF Hutton office and told them to buy 100 shares of Digital Equipment. Around the United States, thousands and thousands of people got into their cars and did the same….

After 4,268 DOW points to the downside, the market finally got its counter trend rally. Too many are excited because of how big the day was. We hate to throw cold water but: “BEAR MARKET RALLIES ARE SHARP, QUICK, MAKE YOU FEEL GOOD, SUCK YOU IN AND BURY YOU SOON AFTER!” We coined this phrase….