You may be right, but I would have thought that all this bunch of people was ready for a squeeze. After all, how long can this rally be sustained for? Anyway, we'll see how it works out. I personally find it strange. No retracement whatsoever, no correction, indices scared of the red.
Those group of buyers are normally will hold the position for a relative long time, they will go long until they get hit by another big tank event ( Greek default type?). The fake bull in 2009 last for nearly 3 months, and the market that time edge higher almost daily after the QE :eek:
He's on a 3-way Cisco Telepresence with Soros and Buffett..... he can't be bothered with posting updates. Be assured he bought today's low to cover.
This is for those who want to understand. Most of you are trapped in "The Matrix" suffering from your own internalized delusions of what the market should or shouldn't be. You listen to Bernanke's or Obamas lies or CNBC's profit forecasts declaring the "market must go up". Look, the market just exists. It doesnt care about you or me. I am telling you the market direction and trying to give you a clue. You should be thankful that someone outside of the The Matrix in the real world is trying to help you out with this.
Yeah, but you're down 10 points. You must not be trying hard enough. Or perhaps you're trying too hard. There is no spoon, mofo. Please drop the pseudo-philo teevee BS as you're embarrassing yourself.
This is the worst attempt at a backtrack I ever seen. Talking about matrix and reality. This just cracks me up.
Say what you will, it is not time to be long and it wont be that time for several days or even weeks.