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TimMoMommmmberrrr....
Between IB's margin hike yesterday (crushing MOMO leverage), a rising JPY squeezing carry trades, and high-beta to a plunging market, the momentum-mavens are hurting. Of course, as CNBC just said - now is the time to BTFD to make your year when they all bounce... with the Russell back to its 50DMA -with its biggest 2-day drop in almost 4 months.
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Super Scooby Doo Bullish!
My kingdom for a huge flash crash.
I will see your kingdom and raise you a virgin daughter.
Virgin daughters? I'm all in.
The depressing thing is, it may be down a bit, but that one year just kills me..
http://stocktwits.com/symbol/NFLX
And you just know once the debt ceiling debacle is sorted it's gunna be poppin bottles.
Horses for courses.!!
If anyone sees fiat/stock bugs let me know ... I am on a hunt today ...
I'm all OMG!
I think it's: "I'm like OMG!"
Just add in 'Goofy's' yell like when he falls off the cliff skiing or something...'Yaaaa whooowhooo weeee'
.
http://www.youtube.com/watch?v=MUL5w91dzbo
You rang
You rang
Down the rabbit hole. See ya bitchez
For fucks sake....can't someone just print some money or somethin?? This is UNACCEPTABLE...as a serf I demand more ATH's to keep me placated!
I can't beleive it but CNBS might be right this time.
The MOMOs are feeling the pain
The price of these stocks was insane
An obvious bubble
Now they're in trouble
And retail gets hammered again
There’re getting squeezed out and rightly so. However, no self serving politician will default on this shift. They will trash the dollar first.
The best performing stock market was Zimbabwe...for whatever it was worth following curency translation.
Awesome. I wish you would post moar often Mr. King
Did anyone hear Cramer on Today this morning (or was that yesterday)? Guy sounded completely clueless, or at least more completely clueless than usual.
He actually repeated the phrase "the US is not broke" at least 3 times. He didn't sound very sure though, more like someone reciting 15 hail marys...
people with tourettes shouldnt do cocain.
while working in the hurt locker
after agreeing to "get [his viewership] long and nobody gets hurt" to avoid an SEC investigation
When we start seeing Jim Cramer's teeth rotting from all the meth, that's when we'll know that he's finally gone all-in on the 'recovery'.
Re: the US is not broke
We've had 60+ years of perpetually increasing debt and prosperity in the US.
Cramer is right, for the exact same reason Krugman is right, and every OldFart who thinks they are ENTITLED to an infinite number of hip replacements from Medicare is right.
If you believe in infinite debt, "the US is not broke".
anybody who doesnt jump on the long dow s&p train right about now is going to miss a quick 7-10 percent pop when these clowns finish their circus act.
Totally disagree. A pop yes. But just a few days and many will realize what a paper bag of shit we are. Nope no way 7%. I will give you 3%. We shall see.
yes, a few days to a week. nothing more
The selling seems to be pretty orderly so far, I haven't seen anything amounting to a real panic. Where does Boehner have his millions invested anyway? If it's TSLA and NFLX maybe a deal will be reached sooner rather than later LOL.
let the side show begin, hurry hurry, step right on in!
we just started S&P needs to break 200DMA for maximum panic
the name of the game is to break retail investors
sell your shares!
for the love of god sell them to JPM and GS!
About fucking time. Geesh!
Don't forget faceless book Tyler.
Kito said it. They are not going to let this get out of hand.
And sad to say they will dump silver, gold and miners. But just for a short while. That is when I pounce.
i concur
after this round of ass raping we should have formed a nice double bottom in the miners.
Several juniors making new 52's this morning. I picked up GSS and BAA, to me basically Forever options with 10-bags potential in 2-3 years. Looking at NSU and ANV.
Sounds like a good bet!
Today must not be a POMO day
$1.25 - $1.75 billion in Long end Treasuries today.
http://www.newyorkfed.org/markets/tot_operation_schedule.html
'Don't worry China, besides not even our treasury could print enough money to back the CDS contracts'.
As we know from HS physics, a lever works in both directions.
With the SEC having cleverly done away with the uptick rule, the shorts can now apply momo to the downside...it is a simple matter to alter the momo upside chasing algos to chase the downside....this is going to get very interesting.
Might as well add FB to the mix, down almost 6%. Someone is definitely dumping their darling angels. Probably CALPERS.
I quit BTFD because DHS, FEMA and 36,000 foreign troops are in position and Obama needs a false flag like a mother fucker.
Who gives a fuck.
Oh wow, one day of gains has been wiped out, WHAT ARE WE GOING TO DO!!!
IT'S THE APOCALYPSE. A MOMO STOCK DIDN'T GO UP FOR ONE DAY. TSLA IS ONLY TRADING AT 15kX ITS REAL VALUATION!!!
wake me up when Tesla is trading at the $12 a share it should be.