jr7107

David Fry's Market Outlook for Tuesday

FryGuy, what is your stance on fighting the Fed?

David Fry's Market Outlook for Friday

Just watching the market churn this AM, I am trying to be convinced that this party stops and 10% and it is 1998 all over again.

But the VIX up 1.2% right now and the sellers feel close by.

David Fry's Market Outlook for Friday

Excellent commentary.

Comments on Schwab here DF, try down for 3.5 hours during that XLF rally. From noon to 330PM EST we were out. And when the smoke cleared and the rubble piled up, the short positions were a small and steaming pile.

And now today with the discount rate move, a one day outage at the "top" online firm, has wrecked a few months of work. Looking for the definition of trailing stops....

David Fry's Market Outlook for Thursday

David, very good comments. This is what a hangover feels like, visualized, and with monetary consequences.

The KBE looks so painful, and nobody has raised their hand to indicate there is a problem.

Overall market down 10% from the high for those waiting for a correction, but I cannot yet stomach another drink.

David Fry's Market Outlook for Friday

Well, breaking news today on GS and C on losses leads me to believe XLF takes a battering again next week. However, my timing is notably poor so likely a rally. Who knows. I didn't believe when Ritholtz wrote about a Dow 14,000 melt up. One gut feel is that we go lower before we go higher, and that if the underlying rot is worse as we peel back the layers, then see you in 2010 when we recover. Maybe. Just buckle the seat belt. I think that is the best advice.

David Fry's Market Outlook for Friday

Agreed. When I need a dose of reality I come here.