Well as i have stated the even though money wasnt pumped into the market when it was released it had the same effect.Everything shot through the roof and negated 2 days worth of shorting.Imaging a crap load of people outside a bar waiting for it to open and a guy walks out and says ( WE WILL BE OPEN IN 5 MINS ………….Cheers ring all over the place ) when will the insanity stop no one knows.However like i said cause i dont have trillions of dollars to move the market in the right and logical way i have to follow the crowd right now although i know they are wrong i dont wanna be mobbed to death but im sitting as close to the exit as i possibly can.
JPM: Spin: “third-quarter profit rose 23% as credit costs continued to fall”
Non-Spin: “Revenue on a managed basis, which excludes the impact of credit-card securitizations and is on a tax-equivalent basis, dropped 15% to $24.34 billion.” — http://market-ticker.org/post=169000
I was doing a little research on magic squares for planets to get a handle on some of the numbers being thrown around in the financial media and movies but it was hard to come up with anything in particular to the current astro event which should be affecting the markets soon. But I went over to Cramer’s just now and he certainly had some interesting numbers that sparked some ideas. He has his scoreboard today at 19 to 77 and I could see some 1987 and 1929 numbers hidden in there with today’s date 10—12 above it. Then he has a little chart segment on Cisco and the first chart (a weekly) he shows is dated for 8-22-08 to present or (8)-(22)-(8) with another 88 reference (mentioned many times in Social Network and Wall Street 2).
Gordon Geccko is sentenced to prison in 19(88) for 8 years but at the beginning of the movie, it shows he is released from prison on October 22,2001. (see 22 above)(I’ll do more of a review of Wall Street 2 later)….Then the next chart Cramer shows is from May 6,2010 to the present which seems to be an odd date to start a chart from. And on this chart Cramer eventually points to 22 and then up to 24 (another number seen all over the place lately but the markets don’t trade on the 24th)(I haven’t viewed it with the sound on yet). That got me to checking on those dates and voila….5/6/10 is 5 months 6days from October 12 and August 22-08 is 2years 1 month and 21days or 2121 or an anagram of the SP 1212 April high and 1122 magic number or 4pi number. (by the way the number 212 is featured quite a bit in Wall Street 2—-there is a phone number shown 212-735-xxx???
that I didn’t quite get so I probably will have to see the movie again. I need to take a notepad next time since this movie is filled with a multitude of numbers.)
Anyway 10-10-10 was 583 calendar days from the March 6,2009 lows. 10-13 will be 583 days if one starts at the March 2009 pivot lows. October 13 also looks to be 111 trading days from May 6. 583 another mystery number I saw on Cramer’s 5-26 (58)(also featured on his scoreboard that day)show.
Sad but true. Either sit in cash or go long for the ride up, because shorting a controlled market is insane.
Today’s tip: Never split your 10s – never go all-in on a double-top
Well as i have stated the even though money wasnt pumped into the market when it was released it had the same effect.Everything shot through the roof and negated 2 days worth of shorting.Imaging a crap load of people outside a bar waiting for it to open and a guy walks out and says ( WE WILL BE OPEN IN 5 MINS ………….Cheers ring all over the place ) when will the insanity stop no one knows.However like i said cause i dont have trillions of dollars to move the market in the right and logical way i have to follow the crowd right now although i know they are wrong i dont wanna be mobbed to death but im sitting as close to the exit as i possibly can.
And gold would then be 50k…
Whoo-hoo – Dow 36K here we come – time to party like a rockstar
Dow Jones Futures above 11000: CLICK HERE
JPM: Spin: “third-quarter profit rose 23% as credit costs continued to fall”
Non-Spin: “Revenue on a managed basis, which excludes the impact of credit-card securitizations and is on a tax-equivalent basis, dropped 15% to $24.34 billion.” — http://market-ticker.org/post=169000
I was doing a little research on magic squares for planets to get a handle on some of the numbers being thrown around in the financial media and movies but it was hard to come up with anything in particular to the current astro event which should be affecting the markets soon. But I went over to Cramer’s just now and he certainly had some interesting numbers that sparked some ideas. He has his scoreboard today at 19 to 77 and I could see some 1987 and 1929 numbers hidden in there with today’s date 10—12 above it. Then he has a little chart segment on Cisco and the first chart (a weekly) he shows is dated for 8-22-08 to present or (8)-(22)-(8) with another 88 reference (mentioned many times in Social Network and Wall Street 2).
Gordon Geccko is sentenced to prison in 19(88) for 8 years but at the beginning of the movie, it shows he is released from prison on October 22,2001. (see 22 above)(I’ll do more of a review of Wall Street 2 later)….Then the next chart Cramer shows is from May 6,2010 to the present which seems to be an odd date to start a chart from. And on this chart Cramer eventually points to 22 and then up to 24 (another number seen all over the place lately but the markets don’t trade on the 24th)(I haven’t viewed it with the sound on yet). That got me to checking on those dates and voila….5/6/10 is 5 months 6days from October 12 and August 22-08 is 2years 1 month and 21days or 2121 or an anagram of the SP 1212 April high and 1122 magic number or 4pi number. (by the way the number 212 is featured quite a bit in Wall Street 2—-there is a phone number shown 212-735-xxx???
that I didn’t quite get so I probably will have to see the movie again. I need to take a notepad next time since this movie is filled with a multitude of numbers.)
Anyway 10-10-10 was 583 calendar days from the March 6,2009 lows. 10-13 will be 583 days if one starts at the March 2009 pivot lows. October 13 also looks to be 111 trading days from May 6. 583 another mystery number I saw on Cramer’s 5-26 (58)(also featured on his scoreboard that day)show.
With dollar lower earnings will beat easily. Drink the Koolaid and buy ……..
So far earnings are dismal…..pundits looking for 6% beats and only getting 4% ‘s.
http://zstock7.com/wp-content/uploads/2010/10/10-12-10-earn.jpg