Case of the Monday’s #SassyMusings

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  • I know lame title cause it’s just too obvious. Deal with it.
  • Follow through with some more downside is not bullish by the way (now I sound like Keith, yikes! I won’t do that again).
  • So when will we get a good bounce? You know, reward the dip buyers, shake out the shorts, give CNBC a reason to cheerlead? Your guess is as good as mine, but maybe ‘this time is different.’
  • Best thing to do is trade light and trade fast or don’t trade at all.
  • I was not a dip buyer today and maybe I will regret it, but probably not because even if we gap up and go higher, I went with what I thought was best.
  • Here is some AAPL porn for you: AAPL.4.3
  • Did you catch my piece on TheStreet. If not show me and Jim Cramer some love by checking it out.
  • Financials closed near the lows, which is partly why I didn’t see a need to try and catch a bounce. Note that earnings in finacials begin this Friday with JPM and WFC, two of the stronger looking banks.
  • Chart of the day: Doesn’t look that oversold to me even if it feels like we are.Screen Shot 2014-04-07 at 4.13.07 PM
  • Tweet of the day: zilch.
  • I saw a lot of people talk about NFLX so in case you care:NFLX.4.3
  • And finally, who’s going to win tonight? Kentucky or UConn? I have zero idea, but I was told I have to root for UConn so Go Huskies! (I hope that is the right mascot).

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