What the F#@&

I still believe in corporate America.

I just hate looking at my portfolio. @#!$ not even a fuckin bounce toward the close. You bunch of !#$@#$.

It's no longer funny. The fed should do something. If they should close the market for trading i think they should do so.
 
Quote from ak15:

One of the reasons: Steeper than expected declines in existing home sales.
More...

And what pray tell does this have to do with the Aerospace/Defense sector getting crushed today after reporting excellent earnings and upward guidance?

Perhaps our "fundamental" experts such as Mr. Dodge can help explain such a phenomena . . .
 
The market is going down because more people who assumed the worst was over had taken a position (long) based on that assumption versus those who had not taken a position or had taken the opposite position (short).

Don't try to guess or figure out if the news is "good" or "bad". Just watch how the market reacts to the news and trade accordingly. :D
 
Quote from Landis82:

And what pray tell does this have to do with the Aerospace/Defense sector getting crushed today after reporting excellent earnings and upward guidance?

Perhaps our "fundamental" experts such as Mr. Dodge can help explain such a phenomena . . .
More...

Well, I should have made myself clearer : One of the reaons for wall street ending sharply lower was the steeper than expected declines in existing home sales.

Regarding your query about the aerospace sector, I have no comment as I am not an expert by any stretch of the imagination. I will say though that when the overall market takes such a hit most of the sectors also take a beating. .
 
Quote from Landis82:

And what pray tell does this have to do with the Aerospace/Defense sector getting crushed today after reporting excellent earnings and upward guidance?

Perhaps our "fundamental" experts such as Mr. Dodge can help explain such a phenomena . . .
More...

1. excellent earnings proves that market was right in higher price in the past

2. Upward guidance, but market down: proves that the upward guidance will be shown in the future to be a false (even if those with upward guidance are telling what they think is the truth).

Conclusion: short A/D on any bounces in the future.
 
Quote from Landis82:

And what pray tell does this have to do with the Aerospace/Defense sector getting crushed today after reporting excellent earnings and upward guidance?

Perhaps our "fundamental" experts such as Mr. Dodge can help explain such a phenomena . . .
More...

I bet you believe aliens are going to attack you while you sleep and suck your brains out your ass.

That is about the same as thinking today's move was due to correcting off a techincal level.
 
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