Hopefully reader Gawains will still talk to me after the blown ending by the Dallas Cowboys against the New England Patriots. Patriots had ZERO reason to win that game, but things happen.
Lots of Moving Parts
I have thought about a post for a couple of days, but I think I will save it for tomorrow instead. Preview would be I wonder if we are at a point where all the charts/lines etc will not matter (think resistance and overhead supply) because it what I will call "Panic De-Selling". I will go over that thesis tomorrow.
As such, I will be screening stocks tonight in the iBankCoin PPT and talking ideas in the 12631 Pelican room. I do believe a "make no sense rally" up could take off from here just like the huge summer drop cut through long term support like it did not exist. More tomorrow night.
Auto Racing Tragedy
I know that driving at insane speeds around a track in a little car is not the safest way to do things, but the crash today in the Indy Car race at Las Vegas was horrific and terrible. Dan Wheldon lost his life in the crash. It is very sad. If you have ever lost a hero to such a tragic event then you know it's very painful. Best wishes go out to his family.
Have a good night.