Sucker rally done?

Quote from dsq:

u had balls to go long friday ...u came out with profit...thats good enough....c reports before open and todays gains will be wiped out if the report sucks-as it should....This market is day to day drama.
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I think "C report" is already priced in. We know they are going to report 24 billion in sub mojo. Lets see if there is any positive.
 
Was a good rally to fade, holding shorts into tomorrow. Techs, banks, brokers.

Looking for a pop off the open then a sell momentum building into the close.
 
Quote from CHACHA420:

I think "C report" is already priced in. We know they are going to report 24 billion in sub mojo. Lets see if there is any positive.
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Yeah, we'll see how they flip in into a positive with the report. I wouldn't mind hearing them completely do away with their dividend.

There has to be some unforseeable element to get it more drastically lower.
 
Quote from pumpanddumper:

Sold too early like the Bernanke pump and dump last week. Guess I should of got greedy on the long side of things... We'll if the the covering and momo buying goes into the bell.
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DDM worked out just like it was suppose too, the market was due for a bounce.
 
Quote from CHACHA420:

I think "C report" is already priced in. We know they are going to report 24 billion in sub mojo. Lets see if there is any positive.
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agreed, but who knows what else may be reported...
intc numbers could explode market up-intc has been wacked hard on mere rumors of slowing biz.
 
Quote from pumpanddumper:

Yeah, we'll see how they flip in into a positive with the report. I wouldn't mind hearing them completely do away with their dividend.

There has to be some unforseeable element to get it more drastically lower.
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I get the impression you don’t have money invested in C. Shit they just gave Dali stock at like 30 and a few years of a nice bond rate. No dividend makes this a screaming sell.
 
Everyone expects armageddon from the financials tomorrow. If it turns out not to be as bad as they make it then we could expect a continued rally.
 
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