i saw this on another board its great and true GM chapter 11 = PRICED IN 125K+ jobs lost from GM chapter 11 = PRICED IN unemployment @ 9% = BETTER THAN EXPECTED unemployment @ 10% = DOW SOARS unemployment @ 11% = GREEN SHOOT RALLY unemployment @ 12% = ALREADY FACTORED IN unemployment = 35% = DOW DROPS 100 POINTS housing price =1% = RECESSION ENDING housing collapses = GREEN SHOOT Housing falls 20% = STABILIZATION Government spends 1 trillion of OUR dollars = STIMULUS North Korea fires nuke = RALLY Israel bombs Iran = 30 MINUTE END OF DAY RALLY world explodes = ASIA RALLIES PMI crashes = HUGE RALLY No jobs are created = RECESSION ALMOST OVER U.S. debt overwhelming = TOO BUSY RALLYING TO CARE Consumer stops spending = RETAIL RALLY Banks are insolvent = SIGNS OF STABILIZATION American auto industry BK = GOOD THING Banks pass scam stress tests = HUUUUUUUUGE RALLY Banks "only need 75 billion = OUT OF THE WOODS Banks pass a real stress test = NEVER WOULD HAPPEN Banks pay back tarp = LATE DAY SURGE Banksw can't pay back TARP = EARLY MORNING SURGE 12% mortgage delinquency = GOOD FOR STOCKS Hundreds of thousands of mortgages underwater = HOUSING BOTTOMED Dollar rises = RALLY Dollar crashes = RALLY Inflation = BULL MARKET Deflation = BULL MARKET CONTINUES REFLATION = MASSIVE SHORT COVERING RALLY Gold rises = STOCKS RALLY Gold falls STOCKS RALLY BIG Banks' fake earnings = SIGNS OF STABILIZATION CRE stablizing= 1000 POINT RALLY CRE CRASHING = STOCKS SHAKE IT OFF TO RALLY CONSUMER INSOVENT = CONSUMER IS SPENDING OIL @ 50 = BULL RALLY OIL @ 60 = GREEN SHOOT OIL @ 100 = IMPORTANT RECOVERY SIGN OIL @ 20 = TAX BREAK And the one we should all interpret corrcectly: NO ONE IS BUYING STOCKS = BILLIONS ON THE SIDELINES
I think that someone stole this from Kudlow's desk. I'm pretty sure this is his (and all of CNBC's) "explanation sheet". I hear that it's based off a very sophisticated algorithm created by Jeff Macke.
SWEET! I just started trading 1 yr ago & I found i like trading from the short side..... I am just glad to go very light cause when the fix is in you don't have a chance. It is like making money when you cut your size and lose only a little.
This list seems to be missing a few items... unexplained market rally = "short covering" unexplained market rally = "insiders going long" unexplained market rally = cost averaging into the market by the all elusive "dark pools" -gastropod
GOOD!..I'm tired of this sideways sh*t! UP/DOWN....whatever!.... Somebody get the market off this plateau !!