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They are making up for it now...down 15% after hours
Stop calling it a flash crash....it is a flash pile up.
May 6th 2010 was awesome. Relive the moment here:http://www.youtube.com/watch?v=WmpNTtQu8E4
Hey... what's that green line down there?
[image of deer]
Tech is blowing chunks lately. My poor options ...
tonight's moonrise will not blow chunks
It is just another reason to buy more cheaper. If you don"t belive me listen to Cramer tonight.
Getting back to even isn't as easy as it looks.....BOOYAH.
From March 15, 2011:
Mad Money" host Jim Cramer may have sparked communications chip maker Finisar (NASDAQ: FNSR - News) to a gain of 4% when he mentioned the stock as a possible winner due to increased Japanese demand as part of an anticipated rebuilding effort. Cramer said coming increased demand for products that Finisar makes could cure sales and inventory concerns surrounding the company.
These chips, are they lead shielded?
The stock market is said to "climb the wall of worry". But there isn't yet a cliche for climbing a mountain of hopelessness.
skepticCARL -RE: "stock market is said to "climb the wall of worry". But there isn't yet a cliche for climbing a mountain of hopelessness."
How about: "Fly On A Fed-Fart Over Cooked Accounting and Funny Fundamentals".
you always want to jump in and start buying when insiders are dumping shares. lulz
They're just diversifying their portfolio, honest.
I'm still in a negotiation for a substantial raise :(
I'd better try to speed things up with my boss.
DAMN HOLLIDAY SEASON!
I had a boss until July 2008.
I didn't like it.
I made stuff, his name is on it.
now I make stuff, my name is on it.
I like it.
Well done sir!
Had a boss.
Got rid of the boss.
All my thoughts was occupied by Boss micromanaging first my work then my life off work.
Now wife micromanages me off time with honey do lists.
Never take a lateral move.
I'm still unsure whether this is all a pre-planned rout in order to give the excuse for QE whatever, (i.e. print more money) or whether they are losing control. Given how much further oil fell than stocks, I have a hunch it's the former, but precious metals were pretty resilient, which is what I'd expect with the latter...
I am cautiously optimistic this is a tip toe toward normalcy.
my hunch is the deer is moving...
You see the first deer but not the 4 or 6 that follow behind.
I have no doubt. But what I doubt is the longevity of its effectiveness this time around now that inflation is smacking bernanke on the forehead, like Moe on Curley.
This deal has happen 5 to 6 times before....downside selling on huge volume...then a pause...no volume melt-up.. time and time again......I rather place my head in a vice...
I'd take the vice too! I don't trust that this all isn't just a head fake to sucker the shorts back in for another fleecing. ;-)
Volume is back, and he is pissed off...
If I'm correct, the VIX broke the downtrend made up of the three declining spikes? (I'm not next to a terminal right now)
Now, a spike + volume is good right?
Out with FNSR, in with Mauser M 98 as the new "new tech" wave
Yep, and the VIX and VXN made new highs for the move already.
I had a hard-on all morning watching my preciouses Au and Ag standing tall. Just wonderful.
So can we possibly have two strong selling days in a row? Is that allowed?
Futures going green say NO!
Look for more doctored gdp data tomorrow which will, of course, be revised downward at a later, and less volatile, date.
This is the end Beautiful friend This is the end My only friend, the end
Of our elaborate plans, the end Of everything that stands, the end No safety or surprise, the end
Almost every major stock index around the world is flat or down for the year, including most emerging markets. Kinda has the feel of a trend, to me.
If by trend you mean transitory.
Sorry folks '' experiencing technical difficulties ''
Interesting how your posts are timed, 17:38, 17:34, 17:38.
Something's not quite right in the matrix today.
This has even happened to Monedas ! Try editing your superfulous message(s) into an apology ! I like resourcefull people....I'm a Yankee hoarder !
I traded this from $22 (DCA) to $27 last implosion, dipped my toe in at $14.94, probably early
1 step forward, 2 steps backward.
The current market dance.
Pull the plug as QE2 fades.
Get the sheep participant players back onto the Dollar train.
Prop up the garbage US paper and therefore the fading empire, one more decade.
Doubtful but might just work.
Tyler called that spx 1240 like a glove!!!!!! It blew right thru. that level in the 1268-72 range. Nice work Tyler!
I look like an ass now for thinking S&P going up. But I hold my bets for now.
What should have longs a bit nervous is that so far the decline has been far too quiet and orderly. A VIX in the 30's might be required for a reversal. That of course would mean a swift and major swoon for the indices. Like -300 to -400 points, not this sub -200 manipulated bullshit.
That said, LDK Solar looking good with good RS.
The stack of smokeables keeps growing so quickly even I can't keep up
Perhaps the makers of Club rolling papers should consider a production run of product stamped with facsimile stock/bond certificates and demand notes of interesting companies & sovereigns
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