Sunday, March 24, 2013

The Weekly Outlook - $DJIA $SPX $NDX Countdown to Ignition?

*****All eyes are on Cyprus once again and the result of their decision will be ..... The envelope please .. Almost like in an awards show.  I find it ridiculous to watch but not because of any lack of importance, rather because Cyprus, as most other quick and easy "fixes" is not the only factor to consider. Soon enough traders will notice that it's another flash on the markets, and perhaps only adding to the other flashes which will one day ignite into a flame.

Question is whether the ignition will ignite into flame on a rocket or fireworks. Both burn out  in time, both put on a wondrous show but one can have a substantially better outcome than the other. Remember also that both return back to earth in time, once their life expectancy is reached, but one in ashes and the other in pieces after much longer time spent in space.

Eight Miles High by The Byrds on Grooveshark

Happy Trading, Living and Dancing

 The Weekly Outlook  $DJIA $SPX $NDX

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