The s&p has all the suspense of roller derby

just a reminder, posted by me in March 2009 !

ashortsnightmare.jpg


remind you of anything?
 
the word on the street is the fed will buy any supply and put a support in the market. there is no free market anymore especially in the market index and commodity markets..

it's rigged to the upside or manipulated that is the goal of the fed..


Quote from tivthetrader:

The powers that be are going to have to have a reversal day one of these mondays or else the ratings are going to go down. Most of you guys are too young to remember this, but the equity market is now like the San Francisco Bay Bombers used to be on Saturday morning roller derby, they always ended up winning at the end. Or maybe its like Hulk Hogan vs. the Iron Sheik.

I guess my point is that its been a long time since we have gotten two sided action on the first Monday of the month, it might be a fun thing for the market to do today just to shake things up. Otherwise, people might start thinking this game is fixed.
More...
 
if your not betting on earnings, some report or news that affects stock volatility, then yea shorting is really hard.

imo shorting is also hard intraday because selling weakness isn't working as well as buying weakness. which seems flawed because trend following should win the coinflip more often.

But if you're trying to short around 11est stocks that are up on the day (like mcp, mon, wlt) then don't expect much--you're going against the trend in a strong bull market and sector.
 
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