Elevating my market strategy discussion to a higher place of intellect is always my goal – it makes my call more “institutional”, or so they say…
So let’s get academic and call this morning’s selloff for what it is, “C’mon Man!”
Seriously – we’re getting really serious here about buying stocks. So let’s use the NFL’s “C’mon man” slogan, like Keyshawn Johnson does in his You Tubing Sunday’s worst professional plays. The shorts are caught off-sides and the bulls need to get invested. If you’re running around out there pitching my 9-12 month old bear case, “C’mon Man!”
Our macro playbooks is charted below:
BUY zone is 867-889 in the SP500, and the SELL zone is .
Don’t fumble in the red zone; the guys from Monday Night Football and I are working on some You Tube technology for that.
Have fun out there,