Honest Information, Profitable Trading
|Posted on February 19, 2013 at 12:12 PM|
Yes, it is that kind of day, when business is slow, yet somehow the store assistants feel so moody they are making customers turn away. Okay, probably they are just window-shopping, but they may buy in the future. The idea always is, let the customers soak up the image of whatever they enjoy looking at,
then in the future when finances permit, they'll come back and buy it.
The silly hat store song is the wisdom of one of the Waltons of Wal-Mart. Nothing like lightness to cheer
people up, and then something happens, they buy what they like. So, wear a silly hat and sing a song!
Honestly, the stockmarkets have been in a long-term bull trend since the 1930s, and will probably continue on that trajectory. That is the observation I made on my Facebok page after visiting the Market Technicians meeting yesterday evening. When I saw the chart of the S&P 500, a lightness descended upon me. Suddenly, I felt very very optimistic. Everything, I believe, is going to be fine.
The Oil price is a tad to high for propeling Recovery, including in the Oil producing world. So, there we have it : we can't al eat cake and charge a lot for it. The oil price ought to be lower, with warm weather and growing stockpiles and the SR. Don't need someone from the CIA to tell us that, surely?
The Japanese like the U.S. are puting more money into the system, to maintain a good standard of living for their citizens. People should just enjoy it. Grandchildren in future generations will appreciate our aplomb.
Someone was going to upgrade his mobile phone and buy a suit, when he got a text message that his job interview had been cancelled. That would not have happened in the olden days, when people didn't have mobile phones! I would say the world is communicating too fast for its own good. Slow down a bit of the new tech sector, and breathe life into the real world, where people eat, drink, worry, make merry, wear suits, work in ofices with desks and chairs - and use computers, occasionally.
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