Watching the herd coming during the lunch

The following is posted around 11:00 a. m.

Market is always half empty or half full. So, we have a good news: durable good order is up, housing market did not melt down (at least not yet). the darkest cloud of credit crunch is fading (based on last night data from fed, the borrowing by banks from FED is minuscule) or forgotten for the time being. Is this good ? yeah, very....

However, wait a second, it may jeopardize the chance that FED is lowing interest rate in September..

so, it is utterly confusing, isn't it ?

Few have convictions on the market, and should rightly be so, for who dare call himself oracle of the market. Most people trade by watching each other :) . In china, people trade by get ting hints from chat room.

So, the market's move thus far is very encouraging.. it tells those who is hesitate to jump in, and be sure they will jump :)

It is not the bid and the ask and the long and the short that is what market needs, what the market is, what the stock market really is.. is a psychological warfare with friends and enemy constantly changing, it is a means to the freedom or ruin :))