Surprise, surprise, surprise!
-- Gomer Pyle

Chartz and Table Zup @ www.joefacer.com

Another Kick Ass Cover Of A Kick Ass Eddie Cochran Song....
http://www.lala.com/#song/360569479529542632 Click On 20 Flight Rock
http://en.wikipedia.org/wiki/Twenty_Flight_Rock


Click It!!


Three year weekly chart. We just had two weeks where we opened up, went up , and finished the week badly. We've done it before during this rally and then gone higher. But valuations are higher and we are coming to the end of the year, and this market is the most hated rally in memory for a reason. I've been overly cautious for much of the year and I'll be right about it sometime. So the idea will be not to get caught too far extended when it does roll over....



The first three days of the week were up and I pretty much lightened up on stocks in my 401a and went to cash and bonds. I really lightened up in my IRA's and trading account.




It worked out well when I wandered out late in the AM Friday and saw what had happened over Thanksgiving Day. It was all about Dubai and some overdue whackage. I dodged the downdraft sleeping off Thanksgiving and lit up the screens near the top of the bounce. I had time to read enough to develop some ideas about what I wanted to do. So I bought some stocks halfway down the last red bar and some more stocks at the bottom of the bar. I gotta plan...


Stay Tooned. More to come this weekend....


Meanwhile, Back At The Ranch...







http://www.time.com/time/nation/article ... -1,00.html
http://www.debka.com/headline.php?hid=6394
http://www.nytimes.com/2009/11/29/busin ... f=business
http://www.slate.com/id/2236708/
http://www.ritholtz.com/blog/2009/11/fe ... e-wealthy/
http://www.thestreet.com/story/10634076 ... tdown.html
http://www.msnbc.msn.com/id/34176802/ns ... _business/
http://www.ritholtz.com/blog/2009/11/im ... ll-hidden/
http://www.businessweek.com/magazine/co ... op+stories


http://www.unews.utah.edu/p/?r=112009-1
http://online.wsj.com/article/SB125934519959366715.html
http://www.theglobeandmail.com/report-o ... le1380944/