The Iconoclastic Investor

To make better than average money in the stock market you have to do something different from the average investor. You have to be an iconoclast--thinking independently and finding the approaches that work for you, not blindly following someone else's program. In this blog I'm refining my own iconoclastic and eclectic ways of thinking. I'm not trying to convert anyone to my opinions or methods--I just hope to provide a useful perspective and inspire some other investors' thinking.

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Location: Albuquerque, New Mexico, United States

Monday, May 22, 2006

Where's the Rally?

All short-term indicators point to an oversold market, which is "supposed" to be the perfect set-up for a rally. Although the earnings news was good, oil is down again, and there were no significant economic reports, the futures market is quite negative. Should be another interesting day.

Posted at 9:30 a.m. Eastern time.

posted by Houyhnhnm | 6:23 AM

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