From Excellence to Average in a hurry

That is the lesson for the dallas cowboy. But it can be said to almost any endeavor, especially for investing. If you think you are on a run, and so confident about your stock, that probably is when the trouble strikes. Now is the time when the speculative ferver is its highest.

LDK is a good example. and with recent product recalls, it reminds people of the quality from china. hope nobody get burned.

Tomorrow is the beginning of the earning season, we can expect more volatilities

There are more concerns this time of course.

The transportation index is far behind the DOW and today\'s Ryde\'s annoucement of lower earning put a chill on the index. Why this is important? because according to DOW theory, the hight of DOW index need to be confirmed by the high of transportation index as well. so, there are concerns that the new high of DOW cannot be sustained. so, the NYSE looks far worse than 20 points suggested.

However, unless there are serious earning shortfalls, the market overall should be ok, but we do need to be cautious and do not let our guide down