What Have I Been Saying?

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August 22, 2008

What have I been saying for 2 weeks?
Hint:
B _ _ _ h _ W _ a _ n _ s s!

What caused the rally today? Was it Buffett this morning? Was it Bernanke? Was it bullshit? Yes the answer is bullshit, because neither of the two stories the financial media are pinning this move on were the reason. The market was going to do that move anyways regardless if Becky Quick does an interview with Warren Buffett on a lovely Omaha morning, live on Squawk Box before the Opening Bell with Mark Haynes and Erin Burnett. No. The market doesn’t move on that. People will attach newsbites as the reason the market is moving from point A to point B and that crap will constantly confuse you.

Bought RT.




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  • Cole

    Nice trade Sensei!

  • Guest

    Nice trade Sensei!