Yeap…. it’s all made up BS Woody! You know, I know it, and so does everyone else. But the crack addict stock trader doesn’t care. He just wants another fix… as in a move in one direction or the other that he can make some money from.
I’m beginning to think the correction is going to be delayed until after the election is over. Ever since Bernanke promised to “do whatever it takes” in his speech a week or so ago, this market has rallied hard. I’d say another shot of morphine was given to the market then (aka… more stimulus).
This is going to set up 2011 as an absolutely horrible year. With no more elections until late 2012, I’d say this market is going straight down next year.
“Thursday’s report showed the number of people continuing to draw unemployment aid dipped by 2,000 to 4.5 million, the lowest since late June.” 2,000 / 4,500,000 == statistically insignificant! Gahhh!!! Lies, damned lies, and worse: statistics!
Hi DCAC, GLD, can really mess up my GDX short, if the market decides to send GLD above 1300. There’s enough money supply out there to do that, and RTH is staying strong, that’s not helping GLD go down. Every so often, GLD crashes, and in turn crashes RTH, and vice versa.
old thread…
IYR is getting some sort of preferential treatment from the gov’t. (bailout) It makes it a little harder to figure out the short entry, each cycle.That’s why PSA, the next short sell price is always going to be a little higher than the last short sell price, and carry that over to SPG,VNO…Just have to treat it that way, because of the ( bailout)
IYR is getting some sort of preferential treatment from the gov’t. (bailout) It makes it a little harder to figure out the short entry, each cycle.That’s why PSA, the next short sell price is always going to be a little higher than the last short sell price, and carry that over to SPG,VNO…Just have to treat it that way, because of the ( bailout)
It looks like the euro has been freefalling since the front-man in chief took the extension of Bush tax cuts off the table although the euro has bounced a little the last hour. The Bollinger bands on the euro were pinching hard and BBwidth is at its lowest since April. The BBs are tightening on the stock indices also. QQQQs tagged their upper BB today and then retreated. $rut ‘s upper BB is now below its Friday high. This does not have the appearance of the commencement of a new upthrust in the markets.
Fund managers will now be running out the same exit trying to get what capital gains they have left at the lowered Bush era rate. There could be selling all the way into the end of the year ala 2000 when investors had large capital gains they needed to harvest. All the bulls were calling for bear extinction this week based on the front man in chiefs speech today when he would unveil all of these economic proposals that would launch the markets higher. Sell on the news.
Yeah and am short
Wow Bears bend over again
Yeap…. it’s all made up BS Woody! You know, I know it, and so does everyone else. But the crack addict stock trader doesn’t care. He just wants another fix… as in a move in one direction or the other that he can make some money from.
I’m beginning to think the correction is going to be delayed until after the election is over. Ever since Bernanke promised to “do whatever it takes” in his speech a week or so ago, this market has rallied hard. I’d say another shot of morphine was given to the market then (aka… more stimulus).
This is going to set up 2011 as an absolutely horrible year. With no more elections until late 2012, I’d say this market is going straight down next year.
Jobless Claims Fall To Lowest Level In Months
http://www.npr.org/templates/story/story.php?storyId=129746346&ft=1&f=1001
All BS, but another reason to go UP. :/
“Thursday’s report showed the number of people continuing to draw unemployment aid dipped by 2,000 to 4.5 million, the lowest since late June.” 2,000 / 4,500,000 == statistically insignificant! Gahhh!!! Lies, damned lies, and worse: statistics!
Looks like we are going to gap up this morning San. I guess that 10,400 is up next.
Dow Jones futures before opening bell
Hi DCAC, GLD, can really mess up my GDX short, if the market decides to send GLD above 1300. There’s enough money supply out there to do that, and RTH is staying strong, that’s not helping GLD go down. Every so often, GLD crashes, and in turn crashes RTH, and vice versa.
old thread…
IYR is getting some sort of preferential treatment from the gov’t. (bailout) It makes it a little harder to figure out the short entry, each cycle.That’s why PSA, the next short sell price is always going to be a little higher than the last short sell price, and carry that over to SPG,VNO…Just have to treat it that way, because of the ( bailout)
IYR is getting some sort of preferential treatment from the gov’t. (bailout) It makes it a little harder to figure out the short entry, each cycle.That’s why PSA, the next short sell price is always going to be a little higher than the last short sell price, and carry that over to SPG,VNO…Just have to treat it that way, because of the ( bailout)
It looks like the euro has been freefalling since the front-man in chief took the extension of Bush tax cuts off the table although the euro has bounced a little the last hour. The Bollinger bands on the euro were pinching hard and BBwidth is at its lowest since April. The BBs are tightening on the stock indices also. QQQQs tagged their upper BB today and then retreated. $rut ‘s upper BB is now below its Friday high. This does not have the appearance of the commencement of a new upthrust in the markets.
Fund managers will now be running out the same exit trying to get what capital gains they have left at the lowered Bush era rate. There could be selling all the way into the end of the year ala 2000 when investors had large capital gains they needed to harvest. All the bulls were calling for bear extinction this week based on the front man in chiefs speech today when he would unveil all of these economic proposals that would launch the markets higher. Sell on the news.