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It's not so much about the Chinese mkt "imploding" it will be more about the inept response of the Chinese authorities... That's where the instability will come from.

It will start during the upcoming "Memorial Day Massacre of the Bulls".... There will follow a summer of discontent when the indices grind lower. The bulls will get their respite during sharp rallies, but make no mistake, it will grind lower...

bwahahahahahaha......

hmmmm....if we don't bounce soo this could get nasty...

The numbers have NOTHING to do with it.

hmmmm....maybe i was wrong about the dip being bought....looks like the net buyers are weaker than i thought.... An early start to the Memorial Day Massacre of the bulls? I don't think so. My preferred scenario is for a bounce back into the close and for the selloff to start tomorrow.

This afternoon selloff will be BOUGHT. We will close at or near the highs. Everyone will be eurphoric and tomorrow they will get their heads handed to them on a silver platter.

I tip my hat to you in admiration for your steadfast conviction. I trust you will equally humble when this market turns....

And here we have the taste of new highs. The next time I post I expect it will be to update ya'll on what will be called the "Memorial Day Massacre of the Bulls"... What's interesting is that a top in the next couple of days would coincide nicely with the expected cycle low in treasuries.

Yes, it looks like bulls got a taste of new highs and then we sold off into the close again. Tomorrow, the bulls will get another taste of new highs. The smart ones will take profits but the arrogant neophytes will be too busy posting silly comments on this site and will miss the opportunity....

Bulls will get a taste of new highs tomorrow but then the bull-bashing will really begin....

I was also asked for my Nasdaq target for end of May. Not a market that I usually follow but my guess would be for a close below 1800 in NDX.

There is a BIG difference initiating new longs today vs 4yrs ago...

In all my time in the game (more years than I care to share here...) i have rarely seen such a disrespect for inherent risk.

ohhh yes.... more downside risk than is currently priced. tick.tock.tick.tock....the clock is ticking....

If you look at "topping" as being a process then, yes, we are there. In fact we were there last week. I really thought that there would be a catalyst that would prompt the slide (mid east violenece, china hikes etc) but that didn't happen. We'll see though....Powerfull declines have often...

Cramer is an idiot. Yes, he's very good at riding populist waves and of course, marketing himself but as a speculator? puh-leeze.... Anyone who puts their own money where HIS mouth is.....

stay nimble. Usually when shorts begin covering en masse is when the sell off is about to begin!

oh my.... you guys are going to lose so much money when this market turns.... It will be sooner than you think....

oh my.... you guys are going to lose so much money when this market turns.... It will be sooner than you think....