Sell The F*#&ing Rip: Day 4
The market is open, and we are selling.
(click image for large legible version)
Why has STFR become the new BTFD? Thank JPM:
Our view is that the risk-reward for equities has worsened materially. In contrast to the past 7 years, when we advocated using the dips as buying opportunities, we believe the regime has transitioned to one of selling any rally. Yes, stocks had a rough time most recently, and some of the tactical indicators, such as Bull-Bear at -16 which is at the bottom of its trading range, argue for a short-term respite. Clearly, equities are unlikely to keep falling in a straight line, with periodic rebounds likely. However, we believe that one should be using any bounces as selling opportunities.
(3 votes)
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Up 150 from 10 to 10:30,,, then up another 50 between views of about 5 minutes.Yep,,, no manipulation here!
BTFD............... We're baaacccckkk
Sell the Rip? What Rip?
you were saying? ;-)
My market advice:
Use nano-second spread manipulation to scalp small margins from the average person's retirement account.
...sorry that's my advice for HFTs. Not sure what the average person should do.
(grimaces) "THANK YOU, SIR! MAY I HAVE ANOTHER?!?"
S&P futues up 25 points in 20 minutes. Looks perfectly natural to me.
ZH Jinxed it again
At a loss for words.
holy crap! is this just algo momo, ppt or did apple just announce they've curec cancer?!?
what will be the day someone calls for qe. will they begin at 1800, 1700, 1600, 1500 or 1400?