Tuesday, August 16, 2011

Financial Woodstock and Death Crosses! Dudeman!

The "expert opinions" and "financial articles" in the media are like a "cluster funk of personalities" last seen at Woodstock in the 60's. There are so many contrary opinions and weird analysis out there-it could make your head explode! Dudeman-the market is going to crash! Dudeman-this is a great buying opportunity! Even "The Sage of Omaha" is getting a contact buzz-no man, the USA deserves a quadruple A rating! Ours goes to four A's! See-it's better than three A's! Got it, man? Hey bud-even da Prez says we just ran into a bit of bad luck!

GOOD GRIEF!

What do you do? Luckily we hooked into a group of very smart bloggers and analyst types that provide information for information's sake only. They will never get air time in Main Street media ,even though some run large amounts of money and tend to speak in pure non-political language. I call these the "Above the Fringe Gang" or AFG.

The analysis by AFG is very real and very scary. Who's right? Quite frankly, I don't know. There is a lot of talk about "The Death Cross" technical formation. Scary stuff and the media will terrorize investors with it. AFG found out it occurred 7 times in the last decade and the market actually went UP after the formation in 4 of 7. This means- The market may go up or down from here in a big way. UP or DOWN! The "Main Street Boys" don't tell you that part.

We will stay NEUTRAL and stick with our "Deploy and retreat to cash" tactics. Trade long and short as opportunities arise- then come home to cash after short excursions. The market has a 50/50 chance of going either way.

AFG has some very scary financial stuff; however, that didn't stop the markets from going up before.

So that's our strategy- DUDEMAN!