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Did The Market Top Out Last Week?
Once again, another week rolls by, and the market is hanging by a
thread. Thousands of hedge fund traders are anxious to "make a killing"
by being fully invested on the short side and catch the next big bear
market selloff so they can call it quits in a couple of months and spend
the summer luxuriating out in the Hamptons after "making their year".
Bernanke has his back up against the wall. He either needs to let the
market fall so he can get a rally in the Treasuries going, or he needs
to turn on the Infinite Fiat Firehose and send the U.S. Economy into full
blown Zimbabwe mode.
Believe it or not, after all the turmoil, the NYA is still in an uptrend.
Time to go through the checklist:
XLF: Broken, under the 21-day
XRT: Not broken yet
Transports: Broken, under the 21-day
EEM: Still sucking wind
However, amazingly, the advance/decline line is still going up:
And some of the 1999 Superhookers are still skying to new highs:
Anybody
remember Kate Moss from 1999? Yep, these skinny, skanky ones are still
in high demand, even 12 years later...Still being chased, even today.
Not much change in the Investor's Business Daily
Top 50, LULU is still at the top of the list. Amazingly, only two oil
stocks and one silver stock in the list. Still mostly tech stocks with
outlandish PE ratios.
Most of these stocks are still acting OK.
The CANSLIM crowd tends to be overly cautious, most of the mo-mo traders
are now out of the market after the IBD "Big Picture" authors uttered a
series of "distribution" calls and commenting on "uptrend is under
pressure".
All 50 charts posted here:
http://clearstation.etrade.com/cgi-bin/bbs?post_id=9656630
Who
would have figured that just a scant 2 years after the greatest credit
bust in 50 years, the No. 1 leading stock would be a company that is
selling $175 yoga outfits in droves?
And
yet again the Top 50 list is still populated by the newest, freshest,
hottest "new names" like Aruba Networks. Anyone see the latest from
Adriana
Lima?
And
the biggest red flag for stock bears is the CRB Index and the poor,
beleaguered U.S. Fiatsco which appears to be ready to collapse in a
heap.
Currencies here:
http://clearstation.etrade.com/cgi-bin/bbs?post_id=9495742
And when is this thing going to reverse?
Who knows??
"Hey, everything is still going up! It must be all good"
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It's a stock picker's market. Look at this beautiful chart (I missed this puppy and it's probably heading higher!):
Did the market top out last week? Nope, just taking a little breather. Get ready for mad March!
Leo,
Post a chart on ( GLUU $ 4.71 ), this gamer smartphone/tablet stock is just starting a rocket ride. I'm up 25% over the last two weeks even with the dip, GLUU never dropped ...Lol'
Bloomberg's CEO Sitdown w/ Niccolo DeMasihttp://www.youtube.com/watch?v=86OSqcpeAqk&feature=player_embedded
Spalding tons of stocks taking off like that but I hate buying them when they're going vertical like crazy and way above their 20-day m.a. For example, waiting for a pullback on this puppy:
Airforce infiltrator alert
Penny stock hustling and pumping is illegal
http://finance.yahoo.com/echarts?s=EMKR+Interactive#chart3:symbol=emkr;r...
Maybe you should check out the top holders:
http://finance.yahoo.com/q/mh?s=EMKR+Major+Holders
Not exactly the penny stock types...
There is a time and a place for Blind Trust Pools etc. It provides access to dogs with a chance to become a pony.
Yeah 80% are cesspools for crooks. In 1994 maybe you have a point. After what just occurred in the last two years these guys look like J-walkers.
Getting burned on a penny stock is like blaming the black jack dealer for stealing your chips. This is a big boys tables. Play like a big boy or don't play at all.
Hey Leo, you can find a better way to get something for nothing than the stock market scam, can't you?
Is it a scam when you're booking real profits?
Dear Leo Quislingasskiss,
Your real profits are only illusory paper profits, and will promptly evaporate with the fall in the fiat currency and monetary system generating them.
Oh, and by the way, eat shit and die, you apologist for everything corrupt and unsustainable about the present, and failing, oligarchic financial and monetary systems. You are as bad, and as ludicrously, cluelessly arrogant, as Jon Nadler.
LOL! If you only knew...
akak, with your "Your real profits are only illusory paper profits" you are quite clearly showing that you're not a trader, so why comment on things that you don't know anything about;
you must be one of those bear mentioned at the start of the article who has been trying to pick a top in the last 2 years in the hope of making that killing and retiring pronto; alas, i fear that it will take one heck of a slide down to erase all those accumulated short coverings and bring your balance back to breakeven;
i am still amazed at the number of people who junk RobotTrader and Leo and the likes: you might actually be right in your bearish long term view of the US economy and I suspect RT/Leo might even share that view but you won't make any money in these markets on 'fundy' views alone;
when the market turns, and it will eventually, i am sure that these 2 will be on the bearish side also, once enough signs are available in the charts (because if you can read them, charts still matter); the difference will be that they will be making money on the way down too, as opposed to the uber-bearish who will probably only be heading to financial breakeven after the losses accumulated by shorting a 2 year long bull market (even if it is only a bounce in a longer-term bear market)
So now Leo is a trader?
Never claimed to be a day trader, which is a full-time job, but I'm not scared of taking profits and getting back into a stock where the trend is up. I prefer holding positions a minimum of a month, if not more. It's more swing trading but definitely not buy, hold and pray.
Kind of agree with you on the "market taking a breather", Leo.
Watching the AUD/USD. It has formed a triangle pattern and is poised for a breakout.
As Robot pointed out so austutely the consumers of LuLu want to just keep consuming regardless of the whatever event. Extrapolate that kind of demand over to the China and India with much larger populations along with the sudden desire of ME despots to share the OIL wealth with the masses, and prices look to be headed higher.
The DAX looks to have decent support off its recent low.
Looking for the parabolic blow-off top to ~1.075 in AUDUSD?
So, risk 250 pips with a stop at 0.9950 for a possible 500 on a long call.
The contra-trade on that pair is obviously the EURAUD. With the Euro compression at these levels, the EURAUD may not drop as much as the AUDUSD rises.
But when these two puppies reverse, it will be the trade of a lifetime.
:D
Not that this is a secret, but a real up and coming talent is Nauf Sanaullah at www.shadowcapitalism.com.
I think Nauf is at the Kairos Global Summit in New York this weekend and will return to posting at ZH next week.
I get his newsletter and read his pieces here when he posts them. He seems very solid and deliberate in his approach, though his open positions list is quite long. Best to have many little oars in the water is what seems to sum up his style.
You are nice, Orly.......did I also mention smart.
Just for the record; long OIL again as of the dip from Friday......seemed like a no brainer. Who would be short into the weekend, and more to the point when despots start wanting to share then something is really up........also of the opinion the correlations have broken down and the USD may no longer be the flight to safety currency so look for diverging prices.
All of that speading social trauma in the ME has to put a floor under price. Gaddafi is putting up a fight and Saudi sour is no match for Libya sweet.
On that note the Euro 1.3800 looks like a top which may be hard to top.
Will be looking for the GBP to selloff also. Below 1.6020 spells trouble.
You're very kind, Ro. :D
I have the Euro topping here as well, especially against the Japanese yen. This is the third attempt at a leg down below a long-term Fibonacci level @~112.27 (Aug 08-Mar 09). The third time is usually the charm and if a perfect brew continues for this pair, a low could be put in quite far from here.
Halfway to the 123% extension yields the ~105-level and the full extension moves to ~98. That's a lotta pips.
The EURJPY yield differential is still coming off and weakness in the Euro is starting to get noticed by traders again (go figure...). If risk-aversion picks up steam and the SPX starts a true correction, the move to the downside on this pair could be pretty hefty. Throw in a steady hike in the price of oil over the coming months and the flight out of the Euro could leave quite a vacuum.
:D
Glad to see you're back in the market Orly :)
I think the Euro and the Pound are looking vulnerable here , especially the latter . COT data indicates that speculators are hugely bullish , the GDP report was awful and 1.6250 once again held beautifully .
Although the Aussie still hasn't broken down and typically has bigger moves , I'd recommend having a look at Kiwi . NZ fundamentals have deteriorated big time over the past few months , on a PPP basis it's something like 22% overvalued against USD and rate hike expectations have fallen apart after the recent earthquake ; in fact I'm now reading about the possibility of a rate cut . With a sustained bout of risk aversion NZD/USD is probably going to plummet . Another bonus is that you pay less negative carry . That 4.75% rate for the AUD killed me ( of course as soon as I see it weakening I'm jumping aboard the short train , got a score to settle with the AUD ) .
Haven't looked over at EUR/JPY in a few days , but you make some good points and after pulling up a chart I like what I see !
I am waiting for the definitive allowance of some type of normalcy in the Euro-cross trades before I am back in the market. The utter manipulation done over the past six weeks or so had me at once discouraged and disappointed but also angry as I could be. Couldn't believe that these bankers are allowed to steal from everyone right in front of our eyes and no one says anything...
Oh, I'll shut up now. But trading 4X is not like trading stocks. Currency trades have two directions for a very good reason having to do with global balance of economy and all of that has been thrown out of whack such that up was up and down was up, too. Just unbelievable.
The problem is that those imbalances, like a preponderance of yin or excess of yang must be rectified eventually. All they are doing is postponing the inevitable.
_____________
"...got a score to settle with the AUD."
Now, Ferg. You know that if you're going to trade this game you can't hold a grudge or vindiction and your memory must be on par with an NFL cornerback. That last play is history. Let it go.
Anyone remember that scenario I laid out after the first of the year whereby the USDCHF, USDJPY hit all-time lows and to take up the slack, the AUD crosses would absorb some of that safe-haven? I think this scenario is playing out now. Let me try to find my comment again...
Well, the Search box is not there right now. I'll try to find it because it seems like this is playing out exactly as that scenario was laid out.
_____
Addo:
Here is the thread for part of the comment: 861812 .
This idea is for USDJPY and, so far, seems to be right on the money. The take-away from that is:
"A move below 80 could spur panic selling and promote selling of other US-based assets, sending the SPX lower and the cycle will feed on itself until the downside is exhausted.
The first stop lower would be at the ~76.37 level, while the Fibo-extensions see a move possibly as low as 71. Since I can't really wrap my head around that number, I will just say that the downside maximum from this point would be @~ 75.561."
Now, if I can just find the others...
Anyway, like it matters if there is "proof" of such things. Basically, it said that the USDCHF will also plunge, while the AUDUSD cross goes to ~1.075 to pick up the slack of also having the EURUSD move back to ~1.11 (remember the weighting the the DXY is all-important here and the EUR accounts for about 50%...).
It seems that this nightmare scenario is just getting started and there are going to be some very, very serious moves in 4X over the coming months. That would certainly explain their behaviour over the past six weeks in dread panic of the EUR (like the SPX...) of having a red-closing day.
It must mean that they have reached the point where any control they thought they may have had has evaporated...or that this is going to be a planned let-down (makes much more sense...) to ease currencies into their new quanta.
In short, buy yen, the CHieF and Ozzie dollars; sell Euros and US dollars. If I can get confirmation that their greasy fingers are out of the markets, I will be a trader in this round. The moves haven't even really started yet and they are seriously going to make 4X history.
How will I know when they have stopped messing around for sure? I will be able to feel it. When the market is "acting natural" and the EUR doesn't ramp mightily on an H4 sell-signal... that would be a start.
Agreed that the imbalances are unsustainable and will inevitably correct . The FX market in particular is extremely difficult to manipulate , no matter what all powerful institution you happen to be . Those who have recently attempted to do so , most notably the SNB and the BOJ , wasted huge sums merely to provide a price spike which speculators eagerly sold into .
I know , rule numero uno right ? !
Don't contaminate your trading with emotion and never seek revenge on the market .
I think everyone has a particular asset , or in my case a currency , that jerks them around though , and for me that's AUD . It's not the case that I'm just slamming on the shorts in rage , but I'm frustarted that so many perfect setups have failed to develop into solid trades , thanks in large part to the inexplicable weakening of the Aussie's correlation with the SPX .
I remember that USD/CHF and USD/JPY scenario you laid out , although I believe that I had a contrary opinion at the time . However , after seeing the Swissy break to yet another record low and the USD/JPY continue to chop I'm starting to alter my perspective .
I'm less convinced of a renewed bull trend in the AUD/USD . A move up to 1.075 would require one of two events :
1. A collapse in the USD
or
2. An aggresive move in the SPX
I find it difficult to envisage either of those scenarios ( at least in the next few weeks ) . Thanks to a steadily growing pool of poor economic data coupled with PBOC attempts to stem rampant inflation in China , plus what I believe to be a deterioration in the relentless rise in equities , the scope for further AUD gains is limited in my view .
For the EUR/USD to plummet while the JPY,CHF and AUD rally would require an unparralled breakdown in asset class correlations . I'm just not convinced that such a split will occur .
Big moves on the horizon in FX though I agree . Volatility and trend conviction have been quite subdued over the past few months . For the Dollar the inflection point has arrived . The DXY is at critical trendline support . We either bounce or break .
My own opinion is that the EUR takes one last spike up to the vicinity of 1.3900-1.4000 , the GBP towards 1.6200 and the AUD breaks violently from its current wedge ( maybe to 1.0300 or 1.0400 ) . These moves would bring the DXY right down to that trendline support . After that it's USD strength . The big players always love these terminal exhaustion thrusts , they shake out the weak hands .
In this case, though, we are going to run into a strange situation whereby the commodity currencies, especially the AUD and the CAD act as "reserve" currencies, which will buffer the DXY move inside the basket, vis-a-vis the EURUSD breakdown.
The USDJPY and the USDCHF are headed for big-time lows, so a "breakdown" in the USD against those pairs is exactly what looks like is going to happen.
And even if the SPX were to falter significantly, the uncertainty left in its wake would push money into the Oz and the Loonie (and therefore gold and oil...)...for how long is anyone's guess.
Best of luck trading, Ferg. It seems we're on to their game. Let's go make a load of money!
want is one thing. can is another.
I always love listening to the guys from FFT. They are insanely accurate with their stuff.
This is their latest stuff, and analysis of the S&P 500 chart. It is well worth a look, pretty cool!.
http://www.forecastfortomorrow.com/video/27th-feb-2011/rrt.html
Tnx for that link. I can see why you like FFT.
I agree with their take that the support is in for another run up. Also the risk on/risk off correlations have clearly broken down as the commodity currencies AUD, CAD and NZD (even NZD in the face of a natural disaster) have all rallied against the USD even as the S&P and other equity indexes have sold off down to uptrend channel support.
Another interesting chart to watch:
I think the PigMen are still gaming things against the bears trying to frontrun and get ahead of the coming "collapse". They dumped it under the moving averages for one day then v-bottomed it again. So far, the 11-day hasn't crossed under the 22 day, but eventually it will and it will be "game on" for the bears.
Most likely, the PigMen are going to make it extremely difficult for the short term traders trying to pick a top.
I bought it yesterday. It's a perfunctory BTFD issue. Afterall, shalom is targeting IWM...
Let us know when it tops.
Are you fucking kidding me robo?
You had this exact same thread right after Egypt, and remember what happened.
I suggest you stick to posting women (of questionable attractiveness) instead of posing this question each week.
"women (of questionable attractiveness)"
Say what you will of politics or markets, but don't embarass yourself like that!
: D
Wow, "women of questionable attractiveness" I most certainly would not kick any of Robo's posted women out of bed for eating crackers, in said bed. Dude, when was your last eye exam? Just wondering.
his are so beautiful he's jaded.
those chicks are ALL hot, hotter than what you've got.
crass my friend, completely crass.
Zero, (of questionable attractiveness)? Dude, I am calling you out from the closet.
ZeroPower:
Yes, it has been frustrating to try to identify when this market is turning so we can all go short. But tops take time, it is a process that can extend for weeks.
Who knows?
I'm just trying to find some road signs that will help us.
Another one to watch:
love your post hot women mixed with financial data, it dont git no better than that. ah the good ole days of the dot come bubble watching soft porn(i dont feel as dirty) and watchin stocks go up up up.
Inflation vs The Bear..............who wins??
Whomever went and bought a ton of canned food at the dollar stores.
inflation loses... inflation loses because it's been winning for 25 years with credit creation, it's now time for a change of trend and there's nothing the Bernank can do contrary to Robots stupidity saying Bernank controls anything as big as the markets... Bernank has zero control, it's a pure myth that only star-struck rabbits like Robot believe in
inflation has been clearly winning for seventy years with a very important change around 1980 when the cycle of rates of inflation changed from up to down and financial assets started outperforming commodities and wages. in 2008 it sure looks like we hit the end of the credit cycle. we are in uncharted territory, the first deflationary depression since the invention of the "modern" central bank. seems like tptb are trying to move up the money supply expansion of ww2 without the reliquification of the lower classes.
with stocks, at least in the beginning, even the printing press can't outrun changes in interest rates, especially at the long end.
whomever?
Here's the title to my guest post:
a lot of people who write articles without a question or question mark are those who see 'dead cert/no brainer' trades and they are invariably wrong;
a question(mark) illustrates the understanding that you have to wait for the markets to show you that they have turned and not trying to pick a top: yes, you will miss a bit at the top but this will be a lot less than the accumulated losses trying to pick that top + all the wasted opportunity by not BTFD while it still goes up
I don't understand all the people on ZH who are inflationists but they are also bearish when it comes to the market. I believe there will be continued inflation and QE because TPTB have no choice. This also means that the market will continue to go higher (as will PMs, commodities, food etc).
Many companies will see dramatic margin contraction as they cannot pass along quickly enough their higher costs for raw materials.Some companies (such as software ones) will see no impact, except their customers may be squeezed and therefore buy less.
It appears to me that the market has not discounted margin erosion nor the reduced consumer spending due to higher gasoline and food prices leaving less discretionary money to spend.
Having said all that, so long as POMO runs at full tilt boogie the market will go up along with PM's, oil, food, etc. I think you just need to ask yourself, "Do I feel lucky? Can I pick the thing which will go up the most when Ben's B-52's give NYC its next golden(paper) shower?"
you bring up a good point. what happened to the stock market in argentina's hyperinflation, anyone?
More stagflation.
It works so far because everyone is killing their currency.
Any number of events could trigger a collapse in America
- interest rate increase
- China or Japan panic and dump debt holdings
- Run on gold / maybe people finding out their bars are tungsten
- Food shortages
- Oil hitting $150.
- A major earthquake, say on the New Madrid fault.
- Any number of geopolical events
Point is, we are fragile. Ben is walking a tightrope across Niagra Falls. How much of a wind will it take to send him into the water?
You can't call a top, only a pause. Bernanke will turn on the Infinite Fiat Firehose at behest of political masters. Collusion between the Fed & Treasury, who'd a thunk it.
robo, your mom is calling, I told you so. these fad people will give it up just like every other american fad, gives it up ^ when the newnew thing gets invented. i told you the truth, you need to do naked yoga†
Naked yoga!
That will motivate me to exercise.
Of course it will probably be 50 overweight men and one velobabe. Maybe trimmedhedge if we ask nicely.
Naked yoga sausage-fest. Not a very pretty picture.
Best bring a towel.
Parabolic moves always end......the fundementals do not support the action, but this game of chicken always goes on way longer than a rational person could ever imagine. Everyone is hoping to bail before it turns (or go short).....most of those have already been flushed out and are questionoing their sanity.
Yeah, we really haven't seen a capitulation blow off (except maybe for some individual stocks).
Soft Pornotubia and the stock exchange mixed, is the usual classic combination. You dream of one state but you get the opposite in reality. Classic double whammy of a false flag. Now in substance what do we have here? A question, like as if the world didn't know HOW to pose the question...brilliant.. but apart from the charts and the pics no glimpse of a shadow of an answer to something in limbo. Next chapter please...we're in a soap opera...
the uptrend hasn't been broken. you wanna short this market? bahahaha you will look like this:
http://www.cagedinsider.com/wp-content/images/mma/2009/12/sherk_florian.jpg
there seems to be a rotation out of retail and in to energy. that could be trouble for the shorts in energy -- and there are a lot.
take a look at these charts: ATPG and WTI. those stocks have about 35% of the float short. even boring HK has 10% of the float short. these stocks are making new highs in an unpredictable oil market. the shorts are going to have to cover.
Thanks, Robo. I'm so tired of coming within an inch of blowing up my account. Playing it small with my finger on the trigger is my strategy.
I still am tring to understand why you get so many junks on your comments. I have always enjoyed your input.
I hear ya.
Robo's no dumber than most of the mooks 'round here--and smarter than most...
If predicting the future were easy, everyone would do it. And everybody does. It just so happens that everyone does it wrong. In the meantime, people take their frustrations out on anyone who is also trying to predict the future. At least Robo posts fairly hot models.
Robo's as ZH as William Bonzai...
Robo,
That was a good post. The trend IS still up. But, I keep hearing the drumming of hoofbeats. I think that the bond vigilantes will soon arrive on the scene to save us all from this prosperity.
It's hard (pun) not be optimistic with such a graphic representation as you present, however!!
gh
How is Robots post "good" please?
He's saying the market could go up from here or down (ie. he hasn't a clue, but it's a 'sure thing' it'll go one of two ways). Robot is as useful as the mind numbing institutionalised dribble you see of prospectus' that require by law you say "Investments could go up and down... previous performance is not indication of future.."
It's utterly fuking inane ...anyone that finds Robots advise "good" and the legislative dross over every financial report shouldn't be investing but in kindergarden learning to spell
I didn't say his advice was good. I said it was a good post. I may not agree with the content, but I thought the post was put together well.
I don't believe or act on anything that anyone says. I just try to figure out what is being said, how it is being said, if it makes sense, who is saying it and then put it all in together and try to get a sentiment picture.
Mr. Market tells me what to do. You all seem to be part of the market.
gh
it's spelled "advice".
Jeff, i'll email you all my posts so that you can spellcheck them, cheers
Hey Robot: The current and future state of the markets is planned incrementalism; you know like the frog in the pot. They want us to be obedient, compliant sheeple with paper profits until, voila, we wake up to a fascist state, the banks closed, the market down 75%, and a TSA agent as "monitor" on every block.
smells like teen spirit.
There's an obvious divergence on the macdaddy. Suck it up and by some putz.
Only gamble invest money you can afford to lose.
Speaking of gambling, if I can only go back in time, I would have gambled a shitload on this gamber's dream stock:
Pier One was a dime at the march 09 lows, I think one year later at 7 bucks, now close to ten bucks. Not bad for crappy wicker furniture glassware and candles.
Of course I didnt buy any then, I was running for the doomstead.
So you missed the boat Mr Kockupalotis, Ho Hum! Does it sound like your life story loser?
Stop projecting! Anyone who advocates for 'zero gvt' is a full-fledged LOSER who should have his citizenship revoked! Again, stop being an internet coward and post your real name before taking cheap shots at me (losers like you is exactly why I will never allow comments on my blog).
how would giving you my name help you stop being a fuking loser dipshit?
anyone advocating zero Govt is actually absolutely sane and astute enough to take from both history and all current events what a sack of shit Govt really is. Have you noticed the steaming crap of Govt mis-managed property, bailed out banking, bankrupt healthcare, $1 Trillion in debt education and your favourite topic, wanting to bail out the shit-State run pensions?
Your deluded pickled in pig shit brain advocates everything from Govt advise on pensions, green investing and pooling pensions into larger monopolies. You're behind the curve on everything i've ever read from you and your 'solutions' are systemic idiocy par excellence. And you're a Canadian tosspot too so keep losing fukwit, it suites your pickled dumber than mud peanut for a brain
And your arrogant, venal and hypocritical moral cowardice is why your comments are routinely junked into oblivion here on ZeroHedge, as they well deserve to be.
Asskak
Are you 'wingman' for the cock-up kamakazi pilot Mr Kockupalotis? You're going down with him then because nobody is less popular at ZH than this Canadian clown
My posts are junked in the green and 'peak oil' columns by leftie tossers like yourself. I see you've got some good name-calling going there arsewipe, find a topic we could discuss between the sledging coz i'd like to wipe the floor with you
ZeroGovt, what's your damage? If you had taken the time to actually read my comment, and place it in its proper context, you would have seen that I was agreeing with you, and justifiably maligning Leo and not you.
NOBODY in this forum has (rightfully) take Leo Quislingasskiss to task more than I.
Akak
My sincere apologies, especially for associating you as a wingman for the Canadian cock-up and crony kamakazi pilot Kockupalotis. All sledging and insults withdrawn (please name your posts if you could next time you sledge someone)
No problem ZG --- shit happens!
Especially in association with my least-favorite resident of Canadia, that bastion of Tory kneejerk deference to authority and all things government, Leo Quislingasskiss.
there is a Canadian website for sledging and muck raking against any AGW sceptics called Demosblog (the usual enviro-politcal fascist propaganda machine). But apart from that Kockupalotis takes the biscuit for being the biggest Canadian crony licking arsehole I've ever come across... and really dumb with it too!
akaka and zero gvt are one and the same..LOSERS FOR LIFE! Feel sorry for suckers like you....internet COWARDS!!!!!!!!!!
calling other people "COWARDS" (your Caps lock's on bozo) is a bit rich coming from an establishment arse-licking crone like yourself don't you think fuk face?
Wonder if Tyler can clean up the comments here and explicitly state that ZH will not allow any more insults in the comments section. Tyler, it's your blog, I suggest you do what you want, but these two have been on my ass for the longest time, posting extremely insulting garbage which crosses the lines. Please monitor your blog more carefully and I promise to ignore these fools.
Those two are so full of hate and vitriol that it took em 20 minutes to figure out that that they were fighting with each other.... Tweedledee and Tweedledum.
Leo, I would be careful what you wish for, because if Tyler ever truly decided to "clean up" this blog and forum, I think it is highly likely that he would eliminate YOU and YOUR participation here, you who have had your vile, pro-status-quo, pro-Establishment-corruption comments routinely junked into oblivion (and that takes 50+ junkings, folks), and whose cowardly moral abdication and whose cynical, venal admonitions to collude with those raping us blind and leading us to slaughter put him at odds with virtually every member here, and with the very essence of what this website ostensibly stands for.
But yes, Leo, please, do appeal to Tyler --- and in the process, let him review the overall tone and message of your posts (those that have not been junked into oblivion, anyway), and then that of mine, and we'll see who he finds to be more deserving of remaining here. Let's just say I am not feeling any worry over the issue.
Excuse me, but i've had about enough of your boys' idiocy. You're here fifteen minutes and telling Tyler how to run the place.
Yet I ahve heard nothing of any value whatsoever come off your fingertips, other than sophomoric put-downs that I had forgotten about since Glee Club.
So why don't you and the "AnArcHisT" just piss off now and leave valuable contributions- no matter how contrary to your miniscule, ingrained mode of thinking- to people who want to learn from others and hear what each other have to say?
You may go now.
How sad, and how utterly pathetic: A defender of Leo! Truly, a ZeroHedge first!
Well, I could argue that I have been here for over a year now, and have participated meaningfully in hundreds of threads, but if you honestly believe that you can glean anything of value from the cynical, venal, short-sighted ramblings of Leo, then I leave you to it. And God help you.
God helps me plenty, asshole, and He doesn't need you for a reminder.
Yes.
Robo,
I have reached the conclusion that most of what you post just flies over the peanut gallery. The way I see it is that you are the voice-over in some whacked out Fellini movie exploring free will with a smattering of quantum mechanics. Sometimes sarcasm can be so subtle and deep to be completely lost.
Yes, yes Fm, and that is also a very funny comment. The peanut gallery must be just gagging when reading that Robot is looking to possibly get short for another killing on a possible market top.
Much obliged....
pay attention,reclama is works well for Ancle Sam,the product introduced is skinny girls,as you do know its cutted off from shelfs of the market long time before and by this indicator you can see if we are in the bull or bear market,as my friend in old time was telling:"go to the beach and watch how many nice girls on the bull day and how many men and then watch how many men on bearish day and how many girls?The bullish day in stocks all beuatifull skinnies on the beach,why?The men is busy and have no time to talk while he making $$$,but on bearish day the private pools full of the skinnies-boys taking stress off........"
vote for our FED down blog:http://trendybull777.blog.com/2011/02/21/hello-world/
Why does it have to come down? Bernank put this thing on "set it and forget it" a long time ago. When a fiat currency boom goes bust, and you don't let the bad players go bust, apparently you get this. Gold and silver are the only way, and they're saying that the dollar is dead. Dead I tell you!
Thousands of hedge fund traders short?
Let's hope so!
The market topped last week.
You can't paper over peak oil. Libya this week, Saudis next.
My guess is "turn on the Infinite Fiat Firehose and send the U.S. Economy into full blown Zimbabwe mode." We deserve it for abandoning the spirit of the U.S. Constitution and Declaration of Independence.
STFD
A rising input cost means a rising output cost come hell or high water.
Most likely.
RUT
http://www.zerohedge.com/forum/99er-charts-0
Nice charts, 99er.
Robot , do publish a newsletter?
A TOTAL RISK ASSET COLLAPSE "MIGHT" BE THE ONLY WAY TO STOP SILVER/GOLD AND PREVENT A DEFAULT BY THE BULLION BANKS. I HIGHLIGHT MIGHT AS IT'S POSSIBLE G&S MIGHT VERY WELL BE VIEWED AS SAFETY ASSETS IN THAT EVENT. MORE LIKEY GOLD THAN SILVER AND SILVER IS THE REAL PROBLEM FOR THE BB'S HERE. SEEMS TOO INTELLIGENT AND OBVIOUS....KNOCK RISK ASSETS...KILL COMMODITIES, PM'S.....PUMP UP TREASURIES. SO EQUITIES TAKE A 10% HAIRCUT...THEY'VE COME ALONG WAY ALREADY.....THIS WOULD BE THE SMART PLAY BY TPTB....THEY MIGHT JUST BE TOO GREEDY TO REALIZE IT
No, they are greedy but won't ignore IT! In their "plan" high commdities and PM prices have no place at all!
This sucker will go down and it won't be "just" 10%, more like 25 to 30!
The $ shorts will run for the hill while PMs lovers will get another chance to load up, and a real good one I might ad!
Too many things in motion for the FEDs to take any more chances, and oil, well oil is in its "momentum play" and will "force" the FEDs hand!
I really agree Joe...thay cant let this go any further......need to sacrifice equities for everything else to go where they need it to
Nice presentation RobotTrader. You always amaze me. Perhaps one day, I'll take your advise. Until then, RAS jr. hehe.
those nice young women are Hot...
US Equities moving on the fact that governments suck balls.
Railroad will crush the trasportation sector as oil sky rockets. Look for UNP to become a very important corporation in North America. Watch NSC rule the East coast. Their stocks will reflect their reliability.
But even with a rising oil price, the car corporations could be good investments. Does the government make cars? No. What does the government make? Unthankful workers. TM has done well lately, why wouldn't that continue?
Food is a necessity and economists can print it. They will print organic food for Americans and they will continue to spend eat at Whole Foods. Ain't electronic bread stamps fine!
There will always be an upper class. Even Sumaria had an upper class. Ours likes to shop at JWN, not JCP. Go to the gym so you can curl shopping bags on the weekends is the life....
What does GE do? They are finance? Industry? Technology? What? Well whatever, it is going up, BTFD.
Today painters explain there paintings by saying they were thinking about Disney movies. The brand is ingrained into the back of our cultures neck.
Gold silver oil blah blah blah. Naked chicks, big boobs big tah tahs, yad yada. Get monie.
I like CNI, given their N-S axis through Chicago...
I was going to comment....but couldn't remember anything except the pictures. Nice.
The chart be damned.
John Paul Jones
Skinny and skanky...
...mmm...
...with garter belts and stockings...
...mmm...X2...
The most important sentence in Robo's article is that
"thousands of hedge fund traders are anxious to make
a killing by being fully invested on the short side".
There's literally no one in this market but hedgies and
bankster special purpose vehicles fueled up with borrowed
institutional QE bond sales proceeds that can be called back
with a day's notice. Stay the fuck away (STFA)
The stock, commodity and currency exchanges have been reduced to gambling dens whereby the more powerful traders with deep pockets move the markets to maximize their own profits at the expense of the remaining not so powerful players. The big boys have enormous money power to move the markets in the direction which results in maximum profits for themselves. They effectively use the media to lure the other players in the market to a position where they would incur maximum loss.
The markets will fall only when the banksters have eliminated all the short positions and only they themselves have positioned themselves to profit when the market falls
OR
When an unexpected world event catches the banksters with their pants down and the softwares they use to rig the markets go berserk beyond their control.
http://www.marketoracle.co.uk/Article24581.html
The mental strait jacket of false choices. Herd behavior is alive and well.
Gold 36000. This time is different.
trader do you pick anorexic women as a metaphor of the anemic fiat dollar ?
Botticelli is not amused. nor am I.
Again this entire discussion is noise as it comes down to QE3 yes or no.........so please someone on ZEROHEDGE get to the core issue
EURUSD
If this currency pair provides hints on where equities have been and where they're headed, then on both the daily and hourly charts, we most likely topped last week.
http://www.zerohedge.com/forum/99er-charts-0
Could be, RT. Nasdaq and SOX (superconductors) backtesting?
http://img84.imageshack.us/i/nq22611.jpg/
http://img832.imageshack.us/i/sox22611.jpg/
Took a position in SOXS at the close as a hedge to my miners.