The Recession Is Over

[bit]

Quote from Brendan R:

the recession is over, the depression has just started :eek:

lol?

 

[MAESTRO]

US has lost AAA rating. Wait for announcement!

 

[Roman Candle]

Quote from MAESTRO:

The era of gullible idiots is coming to the end. The masquerade of pretend happiness will leave us all with the bitter taste in our mouth and a hole in our pockets. Keep on buying, "its just a dip" I need your money! Let the fools rush in!

If the markets had been on a 3-4 year run higher I would agree. I suspect we get a correction volume yesterday was quite high on the reversal.

But to think we are about to head alot lower from here is not a good bet. I would consider shorting near ES 1000.

I know you have been waiting for this correction, anyway good luck.

 

[Roman Candle]

Quote from MAESTRO:

US has lost AAA rating. Wait for announcement!

The will just lie, we hold the reserve currency, so they must lie.

 

[gigsup]

Where is AMT and "gimme the gold."

 

[Roman Candle]

USDJPY some know what this means, others do not.

 

[MAESTRO]

Quote from Roman Candle:

...
I know you have been waiting for this correction, anyway good luck.

It's not a correction. What we saw during 6 - 7 weeks was a correction of the BEAR MARKET

 

[Roman Candle]

Quote from MAESTRO:

It's not a correction. What we saw during 6 - 7 weeks was a correction of the BEAR MARKET

If you think we are about to make a lower low thats not going to happen. SP500 800 will be about it.

 

[MAESTRO]

Quote from Roman Candle:

If you think we are about to make a lower low thats not going to happen. SP500 800 will be about it.

I'll take 800. It works for me.

 

[ElCubano]

Quote from MAESTRO:

I'll take 800. It works for me.

please from romans mouth to mr.markets ears...I'll take it also