Technical Difficultiesby Danny on August 20th, 2008 at 9:41:18 pm |
I have been having heinous internet problems all day. It’s frustrating and ridiculous how much I need the internet to live. Fortunately, I was able to get some sweet connectivity at 3:40 EST, where I quietly sold some stocks short. Other than that, I’ve been offline until just now.
Today was a weak recovery day compared to the last few bounces. It seems like everyone knows this rally is rolling over.
Below is the S&P 500. It is color-coded based on my Makin it Rainâ„¢ indicator. Buy the gold in an uptrend, sell the gold on a downtrend. But that’s less important.
I made my watchlist the constituents of the S&P500, then found the average of the watchlist for each of the financial measures below. Pretty interesting that Net Profit Margin times the market pretty well. Note that LT-Debt / Equity is rising.











Lucky for you, the market surged at the end of day.
It will get boot stomped tomorrow.
August 21st, 2008 at 12:30:52 am