Tuesday, October 26, 2010

The Daily Note - Wild Hot Trading Days

With cooler weather, storms and rain, what am I thinking? Well another day of earnings will bring on some change as to how wild we'll see. But since expectations are for the good side of profits, I wonder if there will really be surprises.

Is it all for the good, for real or for the setup? We keep ignoring facts influencing far more than those current upgraded earnings. When expectations were so low not so long ago, anything plus is an up. Profits, real profits come from growth and not cutbacks and it's something not really addressed. Real profits come from growth not from inflation. Another items which seems not to be addressed. Real profits come from private enterprise, not from government supplied enterprise. Just one more of that troubling thought but perhaps I am old fashioned, after all, we keep ignoring government takeover of free markets and private companies happening everyday.

Happy Trading, Living and Dancing

The Daily Pick - BWLD

©DayTrading with Anni 2010 All Rights Reserved

1 comment:

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