Your "summer of the weak" post is nails. I thought you were a bottom surgen? Calling a top is tough enough. Calling that much further weakness well, its pretty damn good.
Hope your wheat harvest went well. Prices seem to be in your favor.
The AD line doesn't look that scarey but the NHNL smells bad.
Wish I could say it was done with confidence but since I can't I'll just have to say that I did snag a $5.02 purchase here this a.m. Ya don't get that many one day deals in excess of 50% or less than one cent from the bottom so, confidence or no, I'm mentioning it :-)
dave... tanks much for the note.... yes, sometimes you hit em and sometimes you don't..... but my "still too early to tell" note is still on point--IMHO HOWEVER,(a legal term I like a lot) it sure does seem to have picked a direction for the moment, and has TRIXIE left town on the "midnight special"??? more later, ............but whaddoiknow.....? bdparts
Its in Wachovia's hands. If they want them to exist they will. If not, the C series will have a lot more company than they use to. When the secondary market improves, some of those write offs should come back to them. If it works it will be a sweet one but damn I'll have earned it.
I've got a chart that should be keeping Trixie pretty happy and busy but maybe with so many visits to her area of interest she's decided to hunker down?
Kinda spooky when that many Central bankers work so quickly in a market decline. Makes one think there must be real trouble out there but also shows that whether they are right in their moves or not they will be acting in force.
I thought this was an interesting article especially if one wanted to read between the lines a bit.