I'm aghast. We're rallying. I think we push to 1500 in the spoos, then take a breather. Truly I'm amazed by the strength of this market. Yes it could all be over but as they say "When in Rome do as the Romans do and for the past two days it's been party-party.
That's the exact phenom. The question is we're on the slide down so what is going to trigger the consumer to spend?
Food, currencies, interest-bearing instruments, metals, metal miners, cash.
Not dire but sales and contracts are slowing. The question that nobody has the answer: How slow and do we go into a full-blown recession.
Interestingly I think "things are different this time."
China is the inexpensive manufacturing plant of the US(and elsewhere for that matter). They...
I just left a board meeting an hour ago and let me tell you it ain't pretty.
So yes go all in leveraged up to your gills. I myself am very defensive.
DBV POWERSHARES DB G10
Short-term trades
Metals and metal miners
Money Markets
and of course any other goodies that pop up.
Yes but there is inside information. In fact there are those greater than myself or you for instance that acknowledge that the best edge is inside information. SAC has publicly declared (if publicly declared one must surmise that it is pervasive) they are opening a D.C. office to lobby (cough...
Out of ALL my remaining longs on this mornings small bump. Initiated shorts at the same time. Now net short again. Will hold into next week. I'm done for today. Expecting weakness next week to test the 1366-1372 area in the SP500. Likely an inverse H & S will form and we rally for awhile...
I'm in a strong RE market with traditionally little weakness. Prices (finally) dropped recently about 10% all at once. They had held firm without significant change for 2 years then all at once sellers started dropping their prices. Now there will be follow through as the few flush buyers...
Mak,
You're too funny. I envision you vigorously shaking stock_trad3r buy the shoulders while his head swings back and forth yelling at him. Dude, get a clue!!!
Nice post. All is not as it seems. In fact it is often backwards.
Good Luck
Quote from Duard (at 5 pm Tuesday after Tuesday's sell-off)
I don't think the bottom is in yet. Seems like we sell-off tommorrow morning and then rally. Rattle around until after options expiration then boom another leg-down.
The excerpt below is from LBR Raschke's Blog. This is also...