Monday, October 12, 2009

ripping it

Another huge day with

LPIH.ob  going over 2.00 now.

Some of my favorite bloggers like AHC so I tagged along since newspaper stocks are blessed.  I got the idea from one of my links.

Market does seem extended.  A  StockTwit msg today said that the SPY is now a Fib ratio -- 1.631 times the low = today's price.

I believe in cycles, even though there's a lot of hocus-pocus surrounding Elliot Wave believers.

The GFRE.ob (now GRUS) I bought on Friday is up 13%

The China names are insane.  The dollar is being trashed once again -- so there's just no stopping the push into risky stocks.

 You gotta love this market, even if you hate it, you know?

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