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Paulson and Bernanke looking better by the day.

They've been non stop panicking for a few weeks. Some might argue months.

Limit down to Limit Up to Limit down...used to be reserved for thinly traded commodity markets.

His ship is sinking as well.

Third bubble/bust in 20 years. Not just small insignificant bubbles either. These have been milked for every last cent (and every last holdout as well). Some of those sentiment numbers, combined with the reckless call buying in the few weeks prior to the top were historic. No price...

It would be comical if it didn't have such dire consequences. Throwing s*** against the wall every day of the week to see what sticks.

If you go back on this forum to 2007, early 2008, I'll never forget that the most bearish prognostications turned out to be conservative. Now that was probably a bit overkill (down to 667), but maybe not. I certainly feel this is the most excessive and over hyped market I've seen in my 24 years.

Yeah around that 1700 (a little lower) get to the 2000/2008 highs. Russell (which is a garbage index lets be honest) already has a head start.

No, not at all. I believe that's the retrace where you sell it again.

You broke, mofo.

Yes, I see 3050 area in ES. That would tag a flattening 200 MA.

Right, I know everyone has a different metric. But ask yourself, if we are really comparing "overvaluation" against the dot.com bust then we are just splitting hairs. Meantime, we've added untold amounts of debt to fuel this reflation and the energy sector has completely imploded. (Tech has...

The baby boomers have had 3 do over's to get it right. Meantime, they've been the greatest beneficiaries of this prolonged neverending asset bubble. Home equity skyrocketed (even made whole following the bubble bust of 2008-09). Every Presidential candidate is also a boomer (even though...

Seriously. These guys calling for a return to all time highs AFTER the market already was the most overvalued in history. So IF this thing ever recovered those levels with negative GDP, then what??? Bagholders need the encouragement to keep holding which is what the reflexive bear market...

A bunch of scripted theater for the bagholders like Dozu.

SPY/ES back to 3050 area, then back down.

RIG is even better! Only down 80% on the year (not 12 months since Jan 1)

Lots of bottom feeding in energy sector this past December early January after some big names were on the airwaves talking up those stocks. The debt in that sector is monumental.

Let's say the scenario plays out and market gets back to 3300 in a month to six weeks after all of the REAL economic damage down...then what? Wile E Coyote back over the cliff again?

7.00% in 26 minutes on ES/SPX. Let that number sink in for a minute.