Wednesday, May 21, 2008

Bat senses are tingling

Watch your equity positions over this long weekend. Make sure you don't have your proverbial johnson's hanging out in the wind. I sense a storm of discontent brewing and long weekends allow for mischief overseas to wreak havoc.

UPDATE: In hindsight, this was a rather quiet weekend on the financial front. It did get a bit turbulent right after this post with some back to back declines, but all quieted down leading into the weekend (other than $4+ gas at almost all the stations I passed).

LAST UPDATE:

Looks like I was a week or so early on this prediction. Some back to back triple digit losses on the DOW and a wave of new bad news is now setting in. The storm was brewing, it just hung off the coast for a bit.

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