Reminder - The markets are never ever going up again. Ever. Again. All rallies will be sold, all drops will become hair raising crashes until eventually all equities are worth a few cents in worthless depreciating $US. That is all. Happy Thanksgiving everyone!
Coded words and phrases in the tribal language of Wall Street's Finest, with translations: 1. âManagement was cautiously optimisticâ (management has no fucking clue) 2. âEarnings were in-lineâ (the company barely made the number) 3. âWe are tweaking our estimatesâ (we will be slashing our numbers next time) 4. The much-dreaded mother of all loaded phrases, âOur thesis is still intactâ (sell every fucking share you can, right now)