Sky is NOT falling,Economy is NOT falling & guess what Markets are NOT falling...YES !!!!

Something STRANGE happened on the "road to doomsville"......there is NO such place.....

BUT according to CNBC "doomsville"not only exist but we were living in it?????

So what happened about the 100% short thesis & 0% long @ yesterdays close......it shows HOW to LOSE your hard earned $$$ .."sell everything @ low of the day & then go short @ low of the day...so you lose TWICE with CNBC thesis????

That is why we have pundits,experts,fast traders...who mumbles words which makes "no sense"

Gold Down $2.90

Oil Down 90 cents

Canadian $ UP 13 tick against US$......

Despite poor jobless claim data which came in worse than consensus & PPI "hotter" than expected...guess what markets are doing they are @ HIGH of the day.....

As I have been "repeating" this IS a trending UP market with sharp & quick corrections along the way......this thesis is NOT changing ......

Always understand market fundamentals FIRST...then stocks.....with a focus on RSI....it works all the time.......

Portfolio is EGLE,MPEL,PMCS,PALM,TLM.....

Most stocks are UP.......

BLOG does NOT give buy or sell.

Saleem