Im not upset, just seeing if you up for the battle versus whining away like a girl. Guess your not and you will now decide to keep babbling away. Well, the peanut gallery can see through your whining and complaining. Why not sink back into your cube and actually do something for the team or is this your lunch break? You were fired kid. You went too far on the board with your hatred and it went too far. They approached you, you got angry and so Baron handed you your hat and sent you packing.
Going to be an interesting close, if it weren't for googles earnings the markets would be down pretty hard today, financials have been weak the entire day while the same tech names have lead to the rally in the nasdaq which are GOOG, AAPL and AMZN. Nothing new.
Semiconductors are still lackluster, too. But don't worry--our future rests in Ipods, Facebook and Google searches. They'll bring us back to prosperity.
Here is how I see it. The financials will lead the way down just like they did in 2007, however, there will be some sectors that will be stubborn. I was shorting Apple, but the tech sector is just too strong. Homes and mortgages are still out there. Anything with mortgage exposure is going down. I suspect Apple will follow at some point, but just like 2007 it will be an unpredictable game in that regard. However, the financials and conglomerates are a mess.
Remember, Google has their car. Da cruise control will be replaced by Google control, so we'll be free to do texting!
Be very careful about spreading false rumors. Ivan was not "fired", he resigned his position after deciding he no longer wanted to be a mod, nothing more complicated than that. Again, I ask that you be VERY careful about spreading false claims regarding people as some of us don't like it. Otherwise you, that fine latest alias, and all your threads may no longer be welcome at ET. Best that you stick to trading and your predictions, and take the personal attacks elsewhere. Thanks.
XLF hasn't even broken its August high. Neither have semiconductors. If the bulk of financials, small-caps and techs were all leaders, then things would look good for the bulls. That's what happened in the spring of 2009. Instead, however, we have a small number of tech and small-cap companies doing very well and all sorts of laggards. Strange market, and not a healthy-looking one.
The main problem right now is Bank Of America. I think it will revisit its 2009 low. That will put a scare into the market. The low for BAC will probably come in March.