When I published on Monday, expect increased volatility the Dow run some 200 points much of which it lost most during the past 2 days. During the next 2 to 3 days, we should see a tug of war between bulls and bears. News will fly, both bad and great, talking heads will talk about recession and inflation, and some times, they will talk about them on the same line to mention stagflation (stagflation will be mentioned only by those at the forefront of the financial analysis).
Keep an eye on who says what during these days, and try to figure out if they are bulls with bear clothing or bears full of bull. During times like these, I enjoy the hysterical histrionics of Jim Cramer (but that is only my sick idea of entertainment).
I am working on an article about why the US needs to stop the Iraq War to avoid economic collapse but it may take long because I cannot find a way to make it light and entertaining.
This article is part of the series "Exercise in Market Timing"
- Expect increased volatility
- And we got increased volatility
- Bad News For the Dow (Short Term Bear Fest)
- Dow Jones 400 to 600 more points of pain
- After exiting two weeks the Dow Jones goes nowhere
- Dow Jones at 13,300.02
- Dow Jones at 13,099 should see a rest
- Dow Jones Finds A Convoluted Way to Do Nothing
- Dow Jones Ready for Next Leg Down
- Dow Jones 13,252. Not All Clear Yet
- Dow Jones: Announced 2-day Pullback Over
- Timing The October High And November Bottom Of Dow Jones
Franklin @ October 3, 2007