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Quick Update... And an Earthquake...

Written by Zachary A. Musso On 12/27/2008 12:24:00 AM
As I sat beginning to report my weekly stock findings and my preparation for the week of next last evening, I happened to be interrupted by my very first earthquake.  Yes, an earthquake, in Pennsylvania.  For all of you people in California, you might all be laughing hysterically at me for my measily 3.3 Richter Scaled earthquake, but to tell the rest of you who have never been in an earthquake before, it was one of the scariest things to experience.  I do not look forward to my next one.

Because this interrupted my night, I did not have a chance to do my weekly wrap-up nor did I have time to look at stocks, and because I have better things to do with my life today with the family than to sit in front of a computer screen and write about how ridiculous this past week was, it will have to wait.

Some food for thought, before I forget it:

Do NOT think we're in a bull market because we are NOT!!  If anything we're in a channel period where we're bumping back and forth from $SPX retracement level to $SPX retracement level!!

More on that later...  For now, I leave you with David Dietze (http://www.cnbc.com/id/28379638), who is going to get whipsawed with his bull market positions he'll take in January...  PAH!  He will burn and so will his clients.

Enjoy the weekend, see ya tomorrow, and as always...

Keep Tradin'


ZM

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MJTT Disclaimer

I am not, by any means, a financial analyst. All posts and tickers mentioned in them are my opinions and my opinions only. If you buy and sell ANY tickers because of my recommendation, you are trading at your own risk.

Zachary A. Musso - MJTT Owner/Author

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Fully Discretionary, Speculative Futures Trader - Technical Analysis Junkie - Bentley University Class of 2014.

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