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This is better than Six Flags, and less bankrupt (for now). For the time being, all is good on the NYSE. Following that closely.
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Rut Roh, we just lost Ben from the back seat. Hang on tight because here comes the next dropppppp.......................
Well seeing as yesterday's rally was BS, I am looking for the spx to carve through 1040. A correction back to the 200 DMA is long overdue. That's a long way down.
What a joke. No volume on up days, NYSE "errors" on down days.
The whole casino is rigged. I hope this thing pops and pops bad. I don't care about my 401K. At this point, some truth is needed to flush out the manipulators.
It's yet another example of how government intervention causes problems in markets. They have created the conditions and complacency, such that everybody is long equities, long commodities and short dollar.
everybody dance now.......
bye, bye 1040
+10000000
quick break of the spx 1039 level, previous double top.
Little man (BB ), so spic and span, where were you when the shit hit the fan?
Wow, look at aapl...it is getting bush-whacked
Cored is the correct term IMHO
ZING!!!
FAZ TZA on fire!!!!!!!
Don't forget about EDZ. Hammertime!
Holy Shit-they even tried a dollar crackdown and it didn't work. Saluzzi is right. No stim-no rally. KEEEERASH.
Somewhere at the bottom, somebody join with me and buy ASSLOADS of gold and mine stocks.
DXY was up like 45 cents and it got poured on. To no avail
That was amazing what they tried to do to the dollar. IMHO obvious manipulation that failed. That will light up the regulator's screens.............not.
Your exactly right CD, i almost stayed out today, when the dollar turned, expecting another inverse melt up on dollar weakness. Not today.
Nonsense cocoa. There's still a shi*load of liquidity in the market. Haven't you heard? DOW 50,000 here we come.
"MARK IT ZERO, DUDE"
I have been waiting for this moment a long time...I just hope it comes to fruition. I totally wwant in on gold miners on the cheap. I have Mar calls on the US dollar index. I think the US dollar has steam for another rally, then I think it's toast (and then the gold takes over). I would love to buy apple some day on the cheap.
Ben,"My ASSSSSS is on fire! Who the fuck sold the DOW to real investors! Get goldman on the horn NOW!"
Churn and burn!!!
Hope all the GS clients loaded before todays action (of course Goverment Securities is probably leveraged up SHORT)
Commodities are collapsing. Also, a big firm is trying to hold the dollar down (under this week's 76.75 high). 76.97 is September's monthly close (on DYZ09 contract).
Get ready, setting up for the trap door to open from 3-4. Look out below.
Of course, CNBS (aka Gvt propaganda) is attributing this drop to careful reading of the GDP report, drop in consumer spending, ANYTHING to divert attention from the manipulation that either has stopped or started back up but in reverse.
When you can't push the stone up the hill any more, reverse position and push it back down.
Gosh I hope this is the start of something big. I am tired of being the crazy short guy.
I too am a crazy short guy. Patience, were getting paid today.
Not here, we're all the crazy short guys.
Hmm, the real crazy short guy is Bernanke- how ironic.
LOL
Crazy is one thing, short is another. But crazy short? No wonder I use an alias and an ugly avatar. Thanks for reminding me why I hide under Tyler's short skirts.
No, Marla, stop, don't beat me anymore. Please, stop, I won't say anything bad about Tyler ever again. Just stop. Please.
<sarcasm> Please note the light is ON.
The only difference between being the crazy short guy and being right is whether or not you're still around to collect on your bets. I barely made it, but lost a few hairs in the process...
I can see th CNBC headlines now : "Dow finished up a whopping 26 ponts off its lows for the day to end strong at 9603.22"
LOL!! Good one!
It's funny 'cause it's true.
Please tell me someone got that screenshot of CNBC breaking news banner at 3:59:
Stocks Bounce Off Lows
[tightening chin strap on helmet. Pulling seat belts taut - get ready to push eject and GTFO.]
nope-1004 - The manipulators will never be flushed away but your 401k will be flushed away so you better "care" about it.
This is just another bear trap. Be wary. There is no "down" until they say so. My theory is that it is the last day of the month, the market has hit the highs for the year, and a good chunck of professionals who had an itchy trigger finger all month decided it was time to ice down some profits so things look good come December 31. Simple as that. Come Monday, the dip will be bought, dollar down, gold up.
Couple items:
- I am pretty much in an agreement with ned.
- The Goldman CME S&P 'bigs' floor trader was one of the most active sellers today dropping bombs as we slid down the ladder
- I feel like they are going to fake the jobs number just like they did the GDP, and finally the holiest of holy fundamentals will be what everyone wants to see , and here comes a most vengeful raging bull.
- Everyone is in on this thing, they've got it this far, their not gonna let it break down because of some money managers wanting to take profits, this is bigger than that.
- The only way we truly crash is if we have a war, that will distract big bro long enough to have the herds drive it all to zero
- When we broke 1038, for a brief moment there was NO BID on the CME floor, that is NOT GOOD and shows a true lack of any kind of fundamental conviction by anyone be it prop desk or clients.
A watched pot never mean reverts.
It is a bear trap, don't fall for it, people.