If we bears are right, then we should all get together and watch the movie… eating popcorn, cheese nacho’s, large pepsi, and of course a hot dog or corn dog (made from bulls of course).
How true… how true Jim! But, at some point it’s not going to matter as the crooks want to cash in on their robbery (err… profit). So they will have too sell it off to cash out of their longs.
And, they will want to buy it back at a discount of course (and with free newly printed money). So they will force the price lower, to whatever level is a great steal (err… bargin) to them.
What goes up, will come down. Of course timing is the key question here. I think the top was put in today, (maybe one more short lived spike tomorrow?), and they will sell off after the FOMC meeting ends at 2:15pm tomorrow.
Everyone is now bullish… even the bears! So I know a top is close now. I’d say we are 95%-100% done with this rally up. Tomorrow after the Fed meeting should start the selling… no matter what Bernanke says.
There is also the video posted on HOB by Jester that I reposted the link too early today, confirming that the smart money is buy shorts. So yeah, we are done or almost done with this rally I do believe.
LOL…
If we bears are right, then we should all get together and watch the movie… eating popcorn, cheese nacho’s, large pepsi, and of course a hot dog or corn dog (made from bulls of course).
Wall Street Money Never Sleeps had its official NY premiere a few hours ago.
LOL…
How true… how true Jim! But, at some point it’s not going to matter as the crooks want to cash in on their robbery (err… profit). So they will have too sell it off to cash out of their longs.
And, they will want to buy it back at a discount of course (and with free newly printed money). So they will force the price lower, to whatever level is a great steal (err… bargin) to them.
What goes up, will come down. Of course timing is the key question here. I think the top was put in today, (maybe one more short lived spike tomorrow?), and they will sell off after the FOMC meeting ends at 2:15pm tomorrow.
Everyone is now bullish… even the bears! So I know a top is close now. I’d say we are 95%-100% done with this rally up. Tomorrow after the Fed meeting should start the selling… no matter what Bernanke says.
And yes… it is crooked.
you cannot go BK if you can print money.
i am still short. But the fix is in.Iam more convinced than ever this is totally crooked..
Guns are loaded
Just when you’ve thrown in the towel Jim… that’s when it will tank! LOL.
New video update… refresh page.
We are going to 1350 by year end. No logic in it no fundamental, it just the way it is
Thanks Leo, very interesting how high they will walk it up before the next drop
There is also the video posted on HOB by Jester that I reposted the link too early today, confirming that the smart money is buy shorts. So yeah, we are done or almost done with this rally I do believe.