Stocks in serious trouble

Quote from charts:

Your statements are probably too vague, and your charts too generic to stir a discussion. I guess you're saying that SPY's in a couple of days retrace, after which its up trend will resume (as in "previous chart-if history repeats itself") ? I doubt it ... :)
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what's vague about saying SPY a short or do u want me to put on the trade and hand it over to you once it's in the money hahaha just shows the avg intelligence on ET

I am out
 
Quote from shortie:

i am only looking for short term swings. even crap bounces if it drops a lot.
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I meant that quality bounces better, higher and more predictable, than crap ... :)
 
Quote from moneymonger:

This constitues another dismal falure of the Keynesian approach.
Borrow and spend on useless make-work projects. My brother-who lives in Lousisana-works as an electrical engineer. His firm recently won a bid to retrofit a previously shuttered refinery for
a firm called Dynamic Fuels LLC-a wholley owned subsideray of Tyson Foods. The goal of the retrofit was to see if Chicken renderings could be refined into biofuel. After completion of the
plant one barrel of biodiesel-55 gallons- was produced. This great achievement earned Don Tyson-the chicken magnet- upwards of $200,000,000 in stimulus funds from the great Investment recovery act of 2008. Of course the cost of the
effort was a fraction of the payout to Tyson foods=easy money.
AS of this date Charleys chicken Farm- as it was come to be known-is shuttered. It has no commercial value.
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I read that, and understand it's implications.
Pretty scary.
 
Economic zero you're freakin joke. Since when is a world record 85% 14 month rally a freakin"bull trap"? Literally 1000 stocks rose by 100-5000%.Longs made the fastest money in us history and you call it a "bull trap". Longs laughed all the way to the bank and you act like it was some type of trap
 
I shorted SP 500 as well last week-for different reason-mainly just downward "major" trendline. What are Fractal Warnings? Also, what are those blue arrows pointing up?
 
Futures up ever so slightly, this week there are huge earnings reports that will be creating much volatility. I'm looking forward to where stocks head because after intel reported last week it should have closed up an easy 10%+ however it gave up all gains by Friday.

Apple is the big tech stock of the week that will make or break the ndx 100 for the week.

*S&P FUT
__1064.20__ +1.10 __+0.10%
*DOW FUT
__10071.00__ +12.00 __+0.12%
*NAS FUT
__1804.25__ +2.25 __+0.12%
 
Quote from moneymonger:

This constitues another dismal falure of the Keynesian approach.
Borrow and spend on useless make-work projects. My brother-who lives in Lousisana-works as an electrical engineer. His firm recently won a bid to retrofit a previously shuttered refinery for
a firm called Dynamic Fuels LLC-a wholley owned subsideray of Tyson Foods. The goal of the retrofit was to see if Chicken renderings could be refined into biofuel. After completion of the
plant one barrel of biodiesel-55 gallons- was produced. This great achievement earned Don Tyson-the chicken magnet- upwards of $200,000,000 in stimulus funds from the great Investment recovery act of 2008. Of course the cost of the
effort was a fraction of the payout to Tyson foods=easy money.
AS of this date Charleys chicken Farm- as it was come to be known-is shuttered. It has no commercial value.
More...

That is what those hundreds of billions have done!

Some of these stories you hear about where that stimulus money went makes you think how worthless the idea of stimulus really was for this economy.


I am sure in a couple of years there will be plenty of headlines of where and how much stimulus was wasted. Get ready for round 2 of the stimulus, they need to start propping the economy back up again.
 
Quote from MarkRyan:

Buy Low Sell High, time to scale in now :cool:
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Haha. I remember day after day hearing the pundits on CNBC in the summer of 2008 say silly things like that. Good luck with that.
 
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