Another Day, Another Drachma... Or Simolean. Whatever....  

"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale."
-- Zig Ziglar




Chartz And Table Zup @ www.joefacer.com.





One Gawdamn Treasure After Another.....
http://www.youtube.com/watch?v=aE0xG7OD ... re=related
http://www.youtube.com/watch?v=9CxVSM6F ... re=related
http://www.ritholtz.com/blog/2011/05/be ... t-be-nice/





We got higher highs and higher lows. We got a failed support line and a working support line. We got a dead cat bounce on lower volume after four days down from a multi year high. Beneath the indexes we have a WHOOSH down in commodities. We have leading stocks and sectors looking queasy. We got extended stocks without support after serious run ups. We have hot money bailing out of the trade dejour. We have risk vs reward, fear vs greed, and risk management vs asset allocation.

I've pulled back some serious coin. I'm more concerned about the return OF capital than the return ON capital.



If we launch higher Monday and don't look back, I've still got money inna game. just not as much as I like. I can fix that.

If Friday was short covering and bargain hunters seeing bargains compared to a week ago, we might continue/resume falling and this might be the non "V" shaped bounce/correction I've kinda been expecting. In that case, I still have too much money inna game.
I can fix that too.

We'll see.


http://www.debka.com/article/20912/
http://www.bloomberg.com/news/2011-05-0 ... andal.html
http://www.bloomberg.com/news/2011-05-0 ... -bail.html





Big Time Important 401a Investor Stuff
http://www.ritholtz.com/blog/2011/05/wh ... d-manager/
http://money.msn.com/investment-advice/ ... spx?page=0







Stay tooned...










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