What did you expect from thieves? You know they are gangsters, and stealing the little guys money is their ultimate goal (which they achieve daily). Fear not, they will have to sell off some… and soon. Double tops on daily charts are always good for a multiday pullback.
This looks like a bull flag now (60 minute chart), and the fact that it has broken out of the triangle (to the upside), would normally lead me to believe they will fulfill the bull flag in the last hour of the day, and ram this thing higher… I just have this gut feeling that they won’t do it until tomorrow morning (in fact, they could drop a little into the close instead).
The usual BS spin on the Non Farm Payroll report and a gap open seems more likely. Run it up and put in a new high (to rape the realist… aka “the Bears”), and then sell off some into the close tomorrow now seems like the course they are planning to take.
So, unless we breakout to the upside at the EOD, I’m now expecting them to close today about flat. This makes sense actually, as traders don’t want to take any position ahead of NFP report.
Therefore, it’s back to the norm with made up reports, designed to rally the market. How can it not rally the market? If the report is really good… then yippee, more people are going back to work and it’s rally time again. If the report is bad… then yippee, less people are going back to work so now we will get QE3. Either way, it’s time to celebrate on wallstreet… gangster style! With Cuban Cigar’s, Thousand Dollar Hookers, Bags of Cocaine, and Penthouse Suites… yeah, it’s good to be a thug!
What did you expect from thieves? You know they are gangsters, and stealing the little guys money is their ultimate goal (which they achieve daily). Fear not, they will have to sell off some… and soon. Double tops on daily charts are always good for a multiday pullback.
omg, i going to give birth! beyond the normal manipulation…….this ~ today ~ is all Q1 bonus driven manipulation ~ absolutely.
here’s another keyword phrase maybe, relative weakness
BBY 15 minute +5 month chart signals says it bottomed, imo
BOys and Girls… Dont forget that… its not over until the fat lady sings!! lol… nothing goes up forever!!!…
This looks like a bull flag now (60 minute chart), and the fact that it has broken out of the triangle (to the upside), would normally lead me to believe they will fulfill the bull flag in the last hour of the day, and ram this thing higher… I just have this gut feeling that they won’t do it until tomorrow morning (in fact, they could drop a little into the close instead).
The usual BS spin on the Non Farm Payroll report and a gap open seems more likely. Run it up and put in a new high (to rape the realist… aka “the Bears”), and then sell off some into the close tomorrow now seems like the course they are planning to take.
So, unless we breakout to the upside at the EOD, I’m now expecting them to close today about flat. This makes sense actually, as traders don’t want to take any position ahead of NFP report.
Therefore, it’s back to the norm with made up reports, designed to rally the market. How can it not rally the market? If the report is really good… then yippee, more people are going back to work and it’s rally time again. If the report is bad… then yippee, less people are going back to work so now we will get QE3. Either way, it’s time to celebrate on wallstreet… gangster style! With Cuban Cigar’s, Thousand Dollar Hookers, Bags of Cocaine, and Penthouse Suites… yeah, it’s good to be a thug!
LOL… yes, I used to watch him as a kid.
LOL… yes, I used to watch him as a kid.
Surprise, surprise surprise!
Remember who said that?
Gomer!
Surprise, surprise surprise!
Remember who said that?
Gomer!