From the Morning Desk - Head Fake!

Ah, shit. That bitch Mother-Market faked me out, yesterday. The stress test results that came out have inspired confidence and it looks like financials are to be bought. And the unemployment numbers were not as bad as everybody thought (even though they are still TERRIBLE). I always forget how many folks are underweight financials these days.

Whatever. It's not a big deal. We could have easily sold off this morning. The market is acting exactly like a bull market. The market goes up, up, up and then get hits with a sharp decline over a very short period of time (5%-7%). Then it continues higher.

I'm buying things that are going up, and selling things that are going down. Simple.

Folks, this is Johnny Newsmaker signing off. We now return you to your regularly scheduled programming… "Head Fake with Mother Market" only on Ranting-TV…