Biggest Squeeze in history is looming

It will catch up with them. Count on it.

 

I believed F bounced off the big bid at $1.00, some of which actually traded.

 

Facts:

COT report SHORT Euro was all-time highs.

COT report SHORT Pound all-time highs.

Mc Clellan historic oversold levels.
http://seekingalpha.com/article/206373-mcclellan-oscillator-was-that-the-bottom

DOLLAR GOLD has hit all-time high, though pulling back now.

EURO GOLD hits €1000 first time ever.

Stocks 90% of stocks hit below 50 day MA
http://stockcharts.com/h-sc/ui?s=$nya50r
Last time this happened was in october 2008 when we had a huge 15% short covering rally and in march 2009, when we had the bottom. We actually didn't have this even in feb 2010 or in the flash crash (at least the close)

The only wildcard is the BP oil spill which now seems to be bigger than 9-11 in terms of damage. The pipe which oil came out just exploded, now there just a large gaping hole pushing out oil under tremendous pressure. They may need to nuke it.

 

You dared and I delivered........

I have 3 for you and if I wanted to I could probably find even more.


LZB

TEN

PIR

 

I hope they keep rates at 0% and stimulus money flowing at a record pace so that you might get the chance of dow 13k because without any of that help this economy is pretty much worthless.

 

As reality raises it's ugly head. Market fairly valued is DOW 7500-8000 and oil at 25-30 bucks a barrel. THAT, reflects the economy, now and looking out 6-9 months.

 

Nice facts, but where did you arrive how the "smart money" is positioned bullish?

 

Anyone want to look at the volume divergence on this chart, and still try to tell me the long side is crowded?

(click to zoom, and scroll right)

http://daytradeshow.com/blog/wp-content/uploads/2010/05/jpg2.jpg

 

Oh man, a lot of bears are gonna be upset at what's goin on with the futures.

 

This just in.

Dumb money is bearish!

Bearish Sentiment Spikes
DateThursday, May 27, 2010 at 09:47AM

This week's sentiment surveys from Investors Intelligence (II) and the American Association of Individual Investors (AAII) showed sharp increases in bearish sentiment among both advisors and individual investors. The chart below compares the S&P 500 to combined bearish sentiment in the II and AAII surveys since the start of 2009. The current level of combined bearish sentiment is the highest since the start of November. As shown in the chart, since the market bottomed back in 2009, spikes in bearish sentiment have actually turned out to be pretty good buying opportunities.

http://www.bespokeinvest.com/thinkbig/2010/5/27/bearish-sentiment-spikes.html