Tuesday, August 29, 2006

Be Right and Sit Tight

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This market is shaking people out left and right.
This is month end, summer end, holiday week end and an over traded market on light volume.

The hurricane is on then off, the fed notes, oil inventories, housing bubble, earnings peak, warm winter/ cold winter, nickle shortages, inflation/ deflation, gold weakness..silver strength, hedge funds long and wrong and a healthy market rotation into tech and pharma....endless banter.

Follow the smart money, be right and sit tight and never sell a dull market.

We have another storm leaving the west coast of Africa, Iran ignoring the world's request for talks and an economy that is stronger and in better shape than the pundits are willing to acknowledge...

One thing you should notice is how little press (is given to the dems) on how poorly the democrats are doing in their summer recess.....

Barkly seen here on the first day of school wishing his pack good luck and saying I'll wag my tail when I see you return home later today...we had a world class summer together!