Capitulation

What do you mean? Best to lock-in profits now rather than wait for a "progam," whatever that is anyway.

 

i heard on cnbc(? )that 25% of sp500 is financial companies.Seems a little high,no?

 

The final hour will be the tell to see if people still have hope or are going to capitulate. Looks like the buy program is off the books for now.

 

AAPL is still in the green! How can we get a bottom when people are looking at AAPL as a safe haven?

 

Lots of buying on the dip still going on.

BKX
XLF
SOX
QQQQ
HPQ


none making news lows with the SPX.

 

Even AMZN is green. Such a courage.

 

IYR shows a good resistance. $1 up tomorrow.

 

This is so discouraging for the bulls. Just a steady drop lower, no capitulation, no cathartic selling, just a bunch of hopeful traders buying dips and trying to sell on the oversold rally. Everyone is a dip buyer these days.

 

lol,

Capitulation? far from it. INDU will break through 12000 before any hint of "panic" selling.

First leg of the bear is in play. Plenty of down side to go.

 

There 's a lot of panic in DC as I write this. They know they've let it go to far, and new legislation is being drafted. So I figure we've got another year

We'll be trading pop bottles with these assholes.

Senator from Ohio, Marcy Beentheretoolong, is grilling Bernanke, and she came down on him for being the ex CEO of Goldman Sachs. After the laughter subsided, she says, "oh, that's the other guy?"

Shouldn't our legislatures be grade school grads at the minimum???? Very fucking depressing.