Gasparino Strikes Again!

[Landis82]

A nice 7 handle pop in the S&P

 

[thomfergu]

they using him so smart, every time market about to go down hard, this asshole shows up with his AAA horse shit

 

[illiquid]

I would think it's easy money by now, he gets a nice 8 second intro before his mouth even opens.

Good for cleaning out the weak shorts if anything.

 

[bonds]

what was the news?

 

[IzzyfoShizzy]

Quote from illiquid:

I would think it's easy money by now, he gets a nice 8 second intro before his mouth even opens.

Good for cleaning out the weak shorts if anything.

Haha, i like the way you think.

Gasparino is my hero

 

[thomfergu]

i mean this is absurd (not that they got me with this move ) but how many times we will go up on same BS.

 

[detective]

It is absurd that this market loves to hear about the AAA garbage, like it matters. Its all semantics, like anyone can trust those clowns at S&P and Moodys.

edit: how worthless is this news about banks that need the insurance on their bonds bailing out the insurers to keep the AAA rating? Its all a ratings game, like AAA can really be trusted anymore.

 

[samus]

I suppose he fancies himself the puppeteer...

 

[canuckrookie]

Yesterday on CNBC they were all congratulating him on moving the market Friday before the S&P imploded. No chit.

 

[Landis82]

At the very least, the SPX is making a "measured-move" to 1440 SPX. That is where this"C" wave will equal the last "A" wave. Fibonacci multiples could even take you as high as 1490 and 1520 SPX and still be in a "corrective" structure.

See chart.