Archive for April 26, 2012

Writing this post from the road

Keroac style from I 40… we figyred apple and bernanke could pull the “market back above the all important fifty day moving average which is basically a bright blue line that almost every fund manager worships like they are third graders in the nineties and the fifty day was a cheat code for the Legend of Zelda. (sorry re the flashback)

One wonders when traders will figure out that without qe the bubble in equities will pop. That said this is an election year and these days the stock ides who runs the show on main street.