Friday, June 17, 2005

TRIN Falling off the charts

You can smell the complacency

This from an AM email I sent out.

Current Account Trade Deficit at New HighFri 8:45AM ET - APThe deficit in the broadest measure of international trade rose to an all-time high of $195.1 billion from January through March of this year as the country sank deeper into debt to Japan, China and other nations.


Phil FED NEG.

If 2 PLUS doesn’t equal 4, then don’t kid yourself. BEAR is luring in last of the lemmings, as futures get bid up on thin trading on NO good news, watch for reversal, or maybe not……reality has been suspended, I feel when the fog is lifted, it will be too late for most as the SLEEPER HOLD has been applied

YUP, happy Fathers Day! LOL

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