Friday, February 19, 2010

Watching the market here..

It does appear that the market topped yesterday, but I am waiting for another down day on Monday before I go short...

I have been monitoring the sad busines with this fellow that used a plane against the IRS. I read his note...poignant...

I expect as the global crisis deepens, there will be more events like this...we're in for several rough years...

2 comments:

waldo said...

Hi Mark, I was reading one blog and he said it perfectly, he called it MMME which means a managed market with a managed economy. Of course he is talking about the government. Waldo.

mlytle said...

Hi Waldo,
Yes, this is managed, I see now the market has continued higher, which makes me question the road ahead. Double top or something else? We'll see....

Regards,
Mark L.