Ginormous After Hours Misses

Lemme guess: new lows after this "ginormous" short cover is over.


Quote from ByLoSellHi:

You longs have no idea what's about to hit.

This is just one of those things that is nearly impossible to explain.
 
And like I said many times before the only reason for the rally is because of oil finally pulling back. I said this would be the only catalyst for the market. If oil makes it's way to fresh highs this market is going to fresh lows. By the way start to sell this rally because the financials will continue their selloff soon. Dow headed back towards 11k.

SELL THIS RALLY.................
 
SP500 1300
INDU 11800

Thats it, SELL FROM HERE !

Why
- next employment report is going to be brutal
- next inflation will around 6%
- retail sales without Govt cheques
- The 19 banks - no more shorts rally is done.
- Amex said it all in there conference call, aLl consumers suffering.

UNLESS: Oil crashes to $80, then BUY !
 
Quote from trendo:

If longs are caught, it would called a bull trap.

Good call, guess I should pay attention when typing. I was thinking bear market trap. :D
 
Who said the bear left wallstreet????


Did anyone think the bull was actually back. The last 500 point rally in the DOW was a bear market rally, the DOW is headed right back below 11k again.
 
Back
Top