No Floor Yet...Techno Spector Vector partying Hard in a negative sector
As we talked about last Thursday, the spector vector is flashing like a projector. If you think we are close to the bottom yet, my suggestion is drink a Sunday Bloody Sunday and dump the kool-aid. Anyone who has been around me knows I have had my fair share today.
Technical Analysis without Alstrynomics is like gin without tonic, like rum without coke, or whiskey without seven up. Just like you need two hands to clap, you need to look at the full picture before drawing any conclusions. Too narrow a focus leads to a narrow minded result.
I am just wrapping up a fun weekend with a group of buddies that each have successful business backgrounds and one as a corporate litigator....not yours truly. Let me tell you, as bad as many of you think it is....the consensus from the Institute of Alstrynomic practicioners is that it is a lot Worse than many currently perceive.
We at the Institute love to win. After all, isn't winning what it is all about when it comes to investing? Few know how to win like those that practice Alstrynomics.
More banks are failing, more jobs are being cut, and more misguided policies are originating out of Washington. You know what that means folks....the spector vector has fallen beneath the floor and sees no place to land...just yet.
Flash memory company Spansion files for bankruptcy- AP
States' budget woes will outlast the recession
Reports: AIG to get up to $30B more in Fed aid
NewsWatch: Worst job losses in 60 years expected
HSBC to cut back on U.S. lending: WSJ
Illinois bank closed, FDIC named receiver
Nevada's Security Savings is 16th bank to fail in 2009
On Thursday, Alstry made a 500 point drop call. Although we didn't reach the call, we are now over 25% of the way and the party resumes tomorrow. To remain intellectually honest and characteristically consistent.....Alstry is making a negative 375 point down call for tommorrow.
Will the spector vector hit target projection???? No one knows for sure....but I can tell you this....if the spector vector teams up with a ionically bonded positive polarity sector erector connector with a velocity injector, 375 points down could be just the beginning and watch the lemmings start swimming only to find out that they are too far off shore to make it back safely.
Alstry does not want you to be a lemming. Folks, the Alstry bashers have come and gone but Alstry stands strong to deliver the facts. The fact is things are getting a lot worse for as long as Alstrynomics can see. When things turn, you will start to feel it.....in the mean time as the Spector Vector runs wild..........Who you gonna call when you need to team up technical analysis with Alstrynomics????