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Previewing Today's Closing Ramp: Can We Make It 15 Out Of 15?
If you are willing to put in another 30 minutes work per day... perhaps get that round of golf in after 1130ET and then come back for the close... in 17 of the last 21 days (14 of 14), the S&P 500 has rallied from 1530-1600ET...
"Normal"
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Just because...
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I wonder when zerohedge will tell people they got punked by ebola.
https://www.youtube.com/watch?v=Yk-k2NUbTOk
..... shouldn't it be "puked by ebola"
Hell Yes! 15 out of 15. It's like being in a casino and watching 15-20 red numbers come out in a row. the crowd starts to bet black thinking it will be black only to get burned again and again and again...until they are wiped out and all leave the table....then the black number will come out
its amazing. fundamentals wont take down the market or promote more than a second of low volume selling, but the diatribe of phases like "cash on the sidelines" and "cleanest shirt in the laundry" spark buying panics... just when will taking a profit come back into fad?
profit taking is so 2008
just like with the 11:30 ramp, see how it has gone 14/14 as QE ends, as if an "invisible hand" tries to make it seem like it is business as usual with the stock market.
this is too obvious. i think Dudley is pushing his luck here - the manipulation is so blatant, so one-sided that they may blow the whole thing up (once again).
yeah...
and the vast majority of americans with exposure to these fucking fraudulent markets still dont get the fact that they r gonna be wiped out in the very near future...
fucking farcical...
Near future? like in 2016-2018. I won't make it to see it come to fruition. I'll either have a heart attack by then or will be in a padded white room
nah...just u wait...
Just like in the good ol days of POMO. Just without POMO. Or ...?
One of these days, between 3:30 and 4, they're going to take the S&P down 3 handles just to prove its not rigged. I'm sure after that day Bullard will come out begging for $100 billion a month QE.
...only 3 handles?
hard to believe the market can fall by 3 handles... ususally the fed is in there buying e-mini if it turns by .25. It is amazing looking at the tape. thousands of cantracts move it down a point and a single contract moves it back up.... TOTALLY NOT RIGGED>
Looks like today was the day. Down a handle and a half as stocks close. Bullard buying S&P with both hands as 4:15 and futures close approaches.
SEC will look into it
Whew! My confidence is now restored!
its begun...
Like shooting fish in a barrel. Too bad I quit playing.
VISA up $2 now from negative giving the Dow some juice to counter act Chevron & Exxon, quite amusing to watch
no doubt
this mkt is serioulsy fubar today, even more than usual, stocks that usually move quite a bit are trapped in 5 cent range for hours...wtf?
Yeah, just bizarre. Tiny choppy range and then an explosion higher. The open was absolutely impossible to read.
The NQ's today seem entirely driven by a massive short squeeze in AAPL. Someone raised their price target to $125 yesterday.
I had an epiphany today. Very similar to the one I had over the summer when I compared my realization that the stock market doesn't go down anymore to being saved by Jesus. For you see, I have sinned and lost my way. When the markets had what now appears to be a tiny blip of selling in October, I believed it was possible for it to keep going down after we bounced and believing that was even a possibility has caused a great deal of exile and punishment. So I would like to publicly say to the Fed that I am sorry.
It was the first time I awoke to the reality that stocks don't go down anymore and I fell off the wagon. I have since joined Equities Anonymous and I'm currently working the program. I have confessed. I have done my penance. Please forgive me. I promise to never think stocks can go down again. Please let my transgression serve as a warning to any of the non-believers among us. If you want to make money in the stock market you hit the buy button. You do not use a stop loss. In fact, you no longer need the sell button at all. If the market goes toward the bottom half of the screen, you buy it again. Anyone who tells you there is even a remote possibility of the market going down should be publicly shamed. Repent of your ways or be forsaken! The new Ice Bucket Challenge is dumping ice water on anyone who claims such nonsense. Forget your historical reference points. Forget value, and fundamentals. Close your charts and just buy. From now on there are several words that need to be banished from your vocabulary: Down. Sell. Reversion. Dip. Short. Pullback. Volatility. Retracement.
If you have trouble adjusting to the reality that the machines have taken over, there is help for you. Call 1-800-DON'T-SELL, or our sister station at 1-800-JUST-BUY for more information. We are here for you. You can do this. We heart you.
Hey, why not. Japan prints money, buys U.S. stocks.
And...we're green!
It"s 3:58, the Dow has been red most of the day aaaaaaand there it goes green...just like magic , poof, another all time high. Why are we suprised.
Every once in a while, you gotta rip the muppets eyes out by manipulating the market down . . . even if it's only for an hour.
Low volume...
Waiting for elefants to dump.