Greece Greece Greece! Just blame Greece for everything! Not me! I’m taking the road less traveled. I think the market is selling off not purely due to UN-certainty, but do to ABSOLUTE certainty !! That’s right…….I said it!! Sound’s crazy that I would say the market is selling off because is certainty. Everybody knows that markets’ hates un-certainty and love’s clarity. I even know that! But that’s exactly what I’m saying!! Huh?
Follow-me on this one. The markets don’t like what’s going on in Greece, that’s a given. But Friday this week, Mark Zuckerberg will be the richest 28 year old in the world!! And there is a ton of people with big dollars to invest that wants to go with him. So I’m stepping out of the crowd and laying it on the line. Quote me: “some of this sell off, if not most, is entirely do the fact that these huge hedge funds need to raise cash to get a piece of the action. Because they are convicted that the Facebook IPO is going to blaze some banks accounts in a very good way!!……CERTAINTY. They are selling stock, gold, momas couch…this that …….whatever. No company want’s to be the only chump on the street to have to tell their bazillionaire clients that I ‘um’…….yeah, didn’t get around to picking up any Facebook yet, but we’re looking to get some soon of course. Noooooo!!! They’re not trying to have that conversation! Anybody who’s somebody will be in there, and they’re raising cash right now to do it. That is one thing I’m sure of!!
Quote: When I am right, I’m right and when I’m wrong, I could have been right, so I am still right because I could have been wrong……………….But I’m right!
Futures: Helpful Hint
These days is shouldn’t be hard to tell that the market is very directional. In addition, because technical levels are so strong, the coupling of the market is very strong as well. Case and point. You open up the Dow, Gold, Crude, Silver, Nat Gas. All of the charts look the same. This season, it’s just a matter of finding the leader. Or just stick to what you trade. But on a Day like today, the trend started like Midnight. (est). So if you don’t bleed coffee, you have to have true entry. Don’t just hop in. Because you trading account doesn’t care that you “could’ve been right” !!
Trade responsibly—my friend!