Ya Don't Slow Down, Ya Never Grow Old. ----- Tom Petty . . . . I'll Let Ya Know How It Works Out.... 

"If you keep thinking about what you want to do or what you hope will happen, you don't do it, and it won't happen."
-- Joe DiMaggio



Chartz and Table Zup @ www.joefacer.com



The End Of QE2, Rising Rates In Euro Asia, More Foreclosure Fallout, Lower Highs and Lower Lows Inna Stock Market, I Do Believe This Issa Theme Song For The Summer...
http://www.youtube.com/watch?v=K5IS45jT ... re=related








I'm one day from being out of the markets. What I'm doing is very very specific to my circumstances, personality, and history. Prolly time to write about it since ya can't make sense outta the action without a program.









http://www.ritholtz.com/blog/2011/05/ru ... osecution/
http://www.ritholtz.com/blog/2011/05/su ... events-21/
http://www.ritholtz.com/blog/2011/05/20 ... ng-market/
http://www.ritholtz.com/blog/2011/05/ex ... es-falter/
http://www.ritholtz.com/blog/2011/05/ge ... %E2%80%9D/
http://blogs.hbr.org/haque/2011/04/cutt ... udget.html
http://ftalphaville.ft.com/blog/2011/05 ... -near-you/
http://www.latimes.com/business/la-fi-l ... ull.column



http://www.washingtonpost.com/business/ ... story.html
http://www.ritholtz.com/blog/2011/05/ta ... ll-street/




http://www.ritholtz.com/blog/2011/05/ha ... h-fer-two/


We got a lower high and a lower low and a close under the 50 day MA. And I got to 99+% Met Life Stable Value Fund... Now I wait....



What it all means...

Going from 95 % stock to all cash was a good idea, well timed.

This is an example of having all your boats in the water when the wind and the currents are working for you (9/10 to 5/11) and seeking shelter when conditions get sketchy (last coupla weeks).

I can't tell the future, I'm not privy to the conversations at the highest levels of business and government, I don't have inside information, and I still have title to my soul.

I do, however possess a certain degree of perceptivity and ratiocination such that I can see what is in front of me and figure out what I'm looking at. That's all ya really need...


http://www.theatlantic.com/infocus/2011 ... 071/#img07


http://www.ritholtz.com/blog/2011/05/al ... 0-day-m-a/
http://www.ritholtz.com/blog/2011/05/ne ... more-66061
http://www.investingwithoptions.com/201 ... at-the-sp/



Tuesday Eve...

A "V" Shaped bounce looks less likely. I'm positioned for some serious down side. I may not get it. This might just be a brief pause while some temporary issues or seasonality are worked out. Or it could be the start of a significant down draft ending 10% to 25% down with a huge wash out amid chaos and despair...

Either way, I'll buy when I like what I see.



http://blogs.wsj.com/marketbeat/2011/05 ... defaulted/

As High Frequency Economics says today: “Underlying problems of over-borrowed nations are not fixed by lending them more money.”










Stay Tooned...







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