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Dow Dumps 300 Points From Morning Highs - US Equities Tumble Into Red
If only Apple had released an iCar...
As goes AAPL so goes the US equity market economy...
We're gonna need another email!!
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Dennis Gartman, please pick up the white courtesy phone. Dennis Gartman, white courtesy phone, please.
8am called- they want their stupidity back.
Hi Dennis, Cramer here, you know where I stand...... buy! Buy! Buy!. Buy Bear Stearns now!
Ron Isuzu, i mean Insana says to buy as well, it's a confirmed bottoming process
iCrash?
iGartman --
the perfect accessory for those with an iWatch,
but before you can use it you have to be wearing the
iWatch and carrying an iPad
AND have an iSubscription to the Gartman newsletter.
If you have all those, it works just great -- it's right exactly twice a day.
No. More like iWantYour799.
The second they introduced the price is when the wheels came off.
At least you know where you stand with Cramer. In the middle of a recovering alcoholic's head full of bad wiring. But he's consistent enough in his calls to buy that he could work for NAR. Nothing special going on with him. All you need is a "higher power" with a sense of humor and you get a dude like Cramer.
Now Gartman, that's a different story. Imagine changing your entire world view twice a day and still being wrong every single fucking time. THAT is a special talent.
Gartman: It's a special kind of stupid.
He is a TRUE market contrarian...
The NAR?
Wow, that brings back memories. If Cramer worked for the NAR, his mantra would be:
"It's a great time to buy OR sell stocks."©
http://hankmillerteamcom.c.presscdn.com/wp-content/uploads/2014/10/great_time_to_buy_or_sell.gif
Cramer has a sense of humor about as keen as a fucking doorknob, but at least he makes himself laugh ... what an annoying kike
He's a sociopath, he probably does the opposite of his recommendations.
Will be interesting to see what happens with Japans 7.7% rally (the largest since Lehman) later tonight.
My best guess is they give half of it back.
At least, and as far as I can see, there isn't any reason they can't drop a lot more.....
I wish I was still trading, this is a turkey shoot now.
I think that the commung week untill the 16th en 17th that this market is going to go from corner to corner like a cheap hooker at a priest seminar...
more like a 10 yr. old boy, at a seminary
Somebody is making a lot of money on these swings.
If I didn't know better, I'd say the markets are being manipulated
No one could have predicted this...No one.
Dennis Gartman could have. And DID!
it truly is fascinating how everything gartman says, right when he says it, the opposite happens.
he goes short, ''market'' surges, he goes long, ''market'' dumps.
its amazing to see.
Yes but in douchebag terms he's always right! (CNBS has given permission for this copyright)
BTFD?
I never saw it coming. Then again, I never see winter coming, either.
they do not need to produce the icar; they alresdy created two moo-slim countries; the iRAN & the iRAQ
Who in their right mind would throw LONG money into this market. Why, to gain that potential 10% to 20,000 Dow??? Use Japan's QE to get your money out on these up ticks. Let Japan sit with the Long position. Think we screwed them back in the early nineties when they bought a bunch of our commercial realestate too.
denny gartman indicator got me again!!!!
Rotten Apple?
Ok, I think the Algos are finally catching on to Dennis... the robots read his newsletter.
Smells like a bear market to me. Everyone gets their faces ripped off, bulls and bears alike.
Dennis Losing My Gartman, I bet he will got marginally short tomorrow morning with his $200 Scottrade account.
WS sold the BoJ rally. Sucks for the yen.
This is just La Janeta trying to stabilize the market, reduce volatility, and increase love.
I heard the new, unreleased Iwhatever was doing gangbusters in China.
iSell, just not fast enough.
Shemitah cometh.
with the vix at these levels any rally can be sold :D
Gartmann covers his paper portfolio shorts and pretends to go long, LoL
Well, it was a sucker rally and the suckers called it. I was hoping for that.
About Apple, they keep living on concepts they developed years ago. Apart from the Iwatch, which I find a silly idea anycase, they havent created anything new for a long time - just recycled old ideas time and time again. IMHO they are finished as a cutting edge company.
Oil - it is close to the 44 mark... Several articles have recently outlined how this trend starts to negatively affect big boys like the Saudis... Something got to move there, started today with some oil ETF.
The interest rate conversations becomes increasingly annoying... The point remains - what gives if they raise or not? Even more QE would not make a material difference... The rabbit is out of the hat there, people know it ain't working, so why bother?
Interesting that China has finally called for help - finally. I see it as a good sign, an attempt to get in line with other stakeholders. Hopefully, there will be an advice to be more open and trasparent on the real deal in China. My guess is that part of the China problem is lack of trust and predictability, together with the fact that they overstretched both internally and externally.
Nasdaq still 0.13 in the red at the time of writing, I guess the Apple effect is avoiding more losses - but it will end soon.
Have a great evening folks!
WC
Jeez just when Tokyo and Wall Street were getting tag team futures spot on this happens,maybe next launch they use a Steve Jobs hologram
I-PPT?
Good thing I invested in silver. It goes in one direction overall with very few reversals.
Its a pennant. Tomorrow will be a down day. We probably won't see another huge down day until next week. Technicals still have some churning to do.
Today was Weird Wally Wednesday. Today/tomorrow we see a low from which to rally into OE.
Sometimes see a trend reversal around futures contract rollover so an interesting few days to look forward to.
Its that damn pencil!!!!
Next stop DOW 15,000, long DOG
sdow is more bang for the buck