6/13 Retail sales miss expectations: btfd 6/14: jobless claims disappoint? btfd 6/15: industrial production miss? btfd 6/18: syriza victory...
He's advocating more central bank manipulation.
No crash before the Fed Meeting. Dass es verboten. Potential gap down following Greece election would quickly retrace ahead of Fed Meeting in...
From a bear's perspective, the next couple of hurdles will be the 6/20 Fed decision, then the EU Summit 6/28 - 6/29.
Fool me once, shame on you. Fool me twice, shame on me.
If the trend is still down, then I agree this is probably the best time to re-short this market [assuming ~1340 when market opens]. I really don't...
Rally may not be as much as 3-4%. Part of move was priced in Friday on the rumor. Saudi market up only 1.30%...
Initial equity rally, but bond traders should be smarter now. Spanish yields should skyrocket within weeks, causing stocks to crash again, then...
I know what went wrong for me. Stocks went up when I was caught with my shorts down.
GDX bottomed 5/16/12 and has been trending higher since. While GDX has pierced the 4/27 high, GLD has not. Gold didn't really put in a solid...
I thought I was going to read about the trading version of TOE (Theory of Everything).
SPX barely declined 10% from the highs and TPTB were in panic mode, coming out with the BS Hilsenrath QE3 leak. I still think SPX could go down to...
Okay, but stocks were susceptible to going down on bad news because there was no explicit QE3 hinted at today.
Back down to 1.2350 area within a few days.
Talk about a delayed reaction. SPX futures now -5.8 pts in after hours.
There you go. Stocks are in the red now.
Take out "illusion of control" and insert Potemkin illusion of prosperity. It should read, "Asset prices must always be maintained at higher and...
First Law of central bank manipulation: Asset prices must always be maintained at higher and higher levels in order to maintain the illusion of...
Another face-ripping bear rally inspired by Hilsenrath, like in March.
Nice chart. Makes me think we don't get QE3 on 6/20/12, but it will be "on the table," as they always say.
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