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Message: Re: McHugh makes a call
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Jan 12, 2010 10:15AM

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Jan 19, 2010 02:54PM
1
Jan 19, 2010 03:06PM

Hysteria,

Your point is well taken, but I am finding it increasingly difficult to actually do research in a market which appears to be influenced by never-before-seen forces such as constant money creation.

Yes, yes, I know where this is supposed to lead theoretically and I understand the argument that technicians are only right if trends in the future resemble those of the past, but something tells me that this market is not sitting on solid ground...

I have hedged my bets by keeping money in cash and even placing a couple of bets that the markets will go down, and this while keeping a rather large position in Tyhee and Kimber.

Sometimes it just feels like a big casino, and the show is really run from behind the one-way glass...

All the best to you,

stone


Jan 19, 2010 03:52PM
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