Crazy and Crazier...

Yep, as in 'Dumb and Dumber'…'Crazy and Crazier' is this market’s motto!..  AMC, picked up a local Business paper, Globe & Mail (for once) and couldn’t believe the pages full of Europe, China and thus U.S destruction coming…page after page, article after article, left this trader in disbelieve of what is being spit from the mouth regarding this recovery.    Doom is seemingly the consensus!.   Look,  even if we think the market has a chance of low SPX1000’s (we already had 1040), it doesn’t mean there won’t be oppy’s discussed the other day of being very profitable in the worst of time,  even with a long bias!.    The summer has just started and that means we have June, July and August to go up and down and up and down and maybe hit those low 1000’s.   Even if it does, it won't necessarily mean the recovery is dead.     We can’t sit by and wait and do nothing!.    If we do, we’ll be with all the naysayer’s, the same ones we didn’t listen to from early 2009 and are not about to now.  Instead of reading another piece of financial ‘tabloids’ going forward,  we honestly will use our own Journals as way of not straying as we‘ve always do.    These daily musings keep us in check…inline, we go back and read what we had previously thought day after day..week after week.   When we thought a ‘sizable’ correction was coming in April, we followed the script heading into May as hard as it seemed at times not to jump knees deep in positions near 1200!.   The ducks were lining up if we go back and review beginning with the X  and such we noted.    Simply... point is days like this will make you go nuts and question even your fast intraday moves in the marketplace.   It’s crazy and will get crazier,  if all investors crater to the fears that are in the Financial tabloids day after day here in May.  

'Coulda, Woulda , Shoulda'  is something every trader lives with day after day with trading decisions, it is also the same words that might be muttered when SPX is >1230 by XMAS/ New year's.   At that point, we don’t want be saying,  we’ve been Dumb and Dumber!