If he were smart, he'd know this market was a bargain back in December when the S&P was almost 1250. Some other genius posted a thread about it: "Smart money knows this market is still fairly cheap and is buying it up..." http://www.elitetrader.com/vb/showthread.php?s=&threadid=211996&perpage=6&pagenumber=1
Bubble is in bonds..... they shouldn't have allow this mass rush. Too much to soon, QE will now turn into a complete disaster. Bonds will crash hard and they will have to do QE to not die, but they will die. Oh lordy. Who will shine, where will they go? If they liquidate gold to pay the piper, buy it.
I heard 4 jokes today. Let me share them with you. 1- German banks are in trouble 2- JP Morgan Chase is in trouble 3-GS is in trouble 4- AAPL next Q revenue will be up less than 200%.
No in good shape but not that bad either that justifies this selloff.Washington's hesitation on debt ceiling stalled the economy for a month but it is already priced in.
haha, the biggest fucking turd on this site has made his daily appearance. Hey dipshit, tell me how many percent the market has dropped since the beginning of the month to answer your ridiculous assertion...remember..you were talking about what a great "buying opportunity" it was then as well. Just like it was last year and I'm sure (if you had been here in 2008), you'd have said the same damn thing as it was collapsing. You can read how I've been positioned..long metals. Equities are for the "short bus crowd"; I'm certain you were a part of that.
Caught long again, eh? Not to worry, I'm sure those single lots of deep OTM calls won't kill ya. What did you bank last time? $27 and some change?