If this market wants to rally, it sure has a strange way of showing it.
In a bear market you make more money shorting the strength than buying it.
I'm not seeing a massive rally in the tea leaves, and the strength in the Utilities is probably a red herring. I'd like to use my time machine, but my bitch ex-wife got it during the divorce... I think she's fucking The Fly. Nevertheless, I predict that we'll be hearing about credit problems in the utilities industry; they love the debt, they have a high yield, they're too big to fail and every fucking Mom, Dad, and Shmuck-A-Fuck has been buying equity from their Schicklegrubbing brokers.
On a totally different side note, I don't know what to think about Twitter. I tried Twitting trades today, and I have little to show for it... time will tell.
On a totally different side note, I don't know what to think about Twitter. I tried Twitting trades today, and I have little to show for it... time will tell.
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