I think we will pullback a little.. to sucker more bears in… then move higher….. and then Drop… this way the gangstahs make more money…. both ways, this is how an OG (Original GANGSTAH) WOULD DO IT.
Cool well asia side threw a huge move everything was reporting in the red during asia trading but somehow i get the feeling that we weill close green today just me
I think your right Red, it looks like we will go down some more and we do have some fundamental basis for this drop.
This run up in stocks has set the bar high for expectations. The government is cutting back on spending on products from CSCO and other companies. Yahoo is to cut from between 10% to 20% of it’s workforce. Ireland is having debt issues. I think we glossed over that the foreclosure fraud could cost banks up to 100 billion. Insider selling of 12:1. Steve Ballmer wants to sell over 1 billion in shares of MSFT. If you didn’t probe for information, Ballmer hasn’t sold any shares in 7 years!
Be smart. Wisdom and money can get you almost anything, but only wisdom can save your life.
Look for a drop in at least Finance and Technology.
SPY support level
http://niftychartsandpatterns.blogspot.com/2010/11/spy-support-levels_12.html
I think we will pullback a little.. to sucker more bears in… then move higher….. and then Drop… this way the gangstahs make more money…. both ways, this is how an OG (Original GANGSTAH) WOULD DO IT.
What are you saying? This is only a pullback before another move higher?
Cool well asia side threw a huge move everything was reporting in the red during asia trading but somehow i get the feeling that we weill close green today just me
S&P 500 Futures before opening bell: CLICK HERE
looks like we are tanking at the open…. … Open Lower and the feds come in and save the day… and making it a DOJI!!! same routine….
Dow futures overnight—I got my 11,111…and my 11166.6..told you I’d get it….Most folks can’t recognize a pullback, until it’s over.
Yes, not many speak of it, but insiders are rarely wrong. That speaks volumes too me that the crap is about to hit the fan soon.
Thanks Jason… looks like the crash is still coming.
I think your right Red, it looks like we will go down some more and we do have some fundamental basis for this drop.
This run up in stocks has set the bar high for expectations. The government is cutting back on spending on products from CSCO and other companies. Yahoo is to cut from between 10% to 20% of it’s workforce. Ireland is having debt issues. I think we glossed over that the foreclosure fraud could cost banks up to 100 billion. Insider selling of 12:1. Steve Ballmer wants to sell over 1 billion in shares of MSFT. If you didn’t probe for information, Ballmer hasn’t sold any shares in 7 years!
Be smart. Wisdom and money can get you almost anything, but only wisdom can save your life.
Look for a drop in at least Finance and Technology.