Thursday, January 17, 2008

So I went shopping

for stocks today. S&P500 is near the 1325 territory I have been looking for. Not quite there, but I hedged a little and bought some SPY near the close this afternoon. I have this sneaking suspicion that Benny B is going to do something real fucked up like lower 75 or even 100. And when he does Pavlov's dogs on Wall St will hit the BUY button like it's 1997.

I see a mini rally coming again, which will once again fizzle out. Just like I said it would last week and just like it did.

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