Maybe Stck-Turdr (sorry) should change his handle to "DoNoSquat" pS your are hilarious - more than me ha-ha pS Just tell us you are learning SOMETHING!?! Didn't I just say right after the 415 point and decreased odds of .75 rate cut - that with short-covering rally failures we'd soon hear about a "much-needed" 1-point Fed rate cut? Your SP500 "bear market" target is just a whisper away, so you need to adjust so that we keep you around. Your statements are so outlandishly and insanely ridiculous they are quite the humor provider say you won't go!
There is nothing outlandish and insane. Today's market action was one of the bloodiest red I have seen lately. Every few days my screen turns crimson red and stays that way all day. If I see green on it I start wonder whats wrong today?I start searching for news and wonder did I wake up on the right side of bed today? I comb my hairs, take a shower and wear a new shirt and start sipping green tea.....wonder how long this will last. Today I called upon the markets to show their fierce powers. When the SPX was zooming down towards 1270 area I was chatting in a major chat room full of 500 traders and I called upon the cowards who were manipulating the game to take it down below 1250 and be done with that. It would have slain the golden goose and Wall streets livelihood for weeks and months to come. Lets end it all, finish the job slit the throats of the economy. Why live in this day to day fears and imaginary recession? Lets be done with this misery. Crash the sucker into the wall push it down to 2000 points or some place where our children will grow up and bring it back. Its either pull up and shut up and show some strength or shut it up. Fast forward 3:00 PM I am watching the red splintered with green? Wow this thing never dies? No one wants to kill the golden goose? No one wants to stop its all ? Cowards. Real cowards. Ohhh no, SPX comes and stops on a dime into the 1270 area.. Stops right around 1288 as if it hears a divine call from the powers above. Lord of Lord. I wanted to end it all today. Recession or recession end this game of chicken every day and fitful rages of insanity punishing people and investors and stocks. enough of this debasing actions and manipulations and fear mongering and insecurity and endless insanity. Did I say investors ? There are no investors left but hardcore day traders and manipulators sundry ghouls and nameless parasites who eek a living scalping nickles and dimes who can never leave this place and never do a days hard work any more. Fat ass ed screen watching Pavlov's dogs and certified gambling junkies. I still call upon the markets to crash on Monday and any given day. but you know what ? It wont happen in America. If there was a real disaster and a real threat (not an imaginary recession) you would be seeing SPX hitting 1000 area sooner than this. Just to remind you SPX has come hurtling down to 1270 area at least 6 times in 6 weeks since Jan 22nd 2008! Count those long red candle bars on your charts and tell me if I am wrong! Whenever junior throw a fit, each time Mommy comes out holding his hands cutting rates and appeasing his ego, and he goes back to his old nasty tantrums filled ways of doom and gloom and dark pessimism and with few days brings the market to its knees. Enough is enough!
Nice writing. I sense your frustration from the short side. This market is holding pretty well. BSC is toasted as well as most financial and mortage companies, but still no 1250. This strikes me more as being a bullish sign.
Flipping out EWZ for that solar fluff is dumping a winner to buy a big loser. Man, are you just putting this out to troll? MOS might buck the trend if commodities hold up and we keep subsidizing ethanol. That surgical stock looks like an easy 50% move -- to the downside. You may not see 14,000 for 10 years, unless we get roaring inflation. Look at an inflation adjusted chart of the Dow and the market from 1966 to 1982. I looked at ISRG as a short. I am holding off until it breaks the 200 day ma. I am shorting other solar stocks. I am not sure about the ag sector. There is a good chance we will reduce or eliminate the ethanol subsidies and start importing from Brazil. Anything can happen in this environment. I am keeping fairly tight stops on.
i am a english guy- and i am no mug- as the old classoc clique- sell rallies- its a bear market-what time frame u guys trade on?
No one who is serious measures Dow Jones performance adjusted for inflation. When the dow rebounds to 14,000 MOS and FSLR for example will have probably risen 40% or more, vastly exceeding the national rate of inflation. Thats where I make money.
are you fucking kidding me? in the first place the dow is not measured anywhere, in the second place.......HUH???? you are totally fucking nuts. who measures their performance by the dow???? how about you join at least the 20th century???
Should have gotten some rally from that. However, the failure of another Bucket Shop Company got in the way. Probably more where that came from. My pick for bad stock is now BAC. Recent acquisitions look too toxic. They have a big Wall Street operation. Credit cards? Did anybody say credit card debt is being defaulted more than ever before? Yep, it's a bear market.