Thursday, May 27, 2010

$SPX is stuck in the middle

Talk about the lost decade. With the May decline, the S&P 500 is trading in the middle of its 10 year range. Note that this is a semi-log scale that reflects percentage change. We are looking at the mother of all consolidations.

100527spx Click this image for details

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.