thursday, before friday...

new thread to shift away from the last one...

focus and sentiment today should revolve around the most excellent post by kbear1 concerning yesterday's meeting with MR

summary: all good news, and Yes, nasdaq is still squarely on the table

overnight kbear1's post received over 1,000 views, and many more are expected today - and this is good for the much needed re-aligning of sentiment back to the upside for PRR

the US rallied well overnight finishing strongly in the green, where today we should hopefully take some courage and push for higher ground as well

i for one feel the PRR sails have been freshly hoisted again, and are under a good wind, and all is good on deck - Captain Marty & Co. are on the job - so don't get too distracted by the greater market's side-winds

sure the sp is technically experiencing weakness at the moment, but that also has a lot to do with a general market malaise that has gripped many over recent weeks - a strong statement from Uncle Ben from Jackson Hole tomorrow night, could well see a strong reversal to the upside in US equities, which would pretty quickly stop a lot of bleeding here Down Under, including for PRR

and as always, a nasdaq announcement continues to loom in the shadows, though could be a week or more after the company files its annual statement soon - just more FOMO that lends support to our recently beleaguered sp, which does however appear to be possibly stabilising at current levels - this is just PRR's 'new normal', so get use to it...

happy sailing


good luck