Longs... If the S&P can't hold in this area today.... the next leg down is going to be a whopper!! Hope you took some of those huge profits off the table on the rise this morning... otherwise more profit will evaporate very quickly.
Sentiment: Strong Sell
Go for it. All I know is FB will not be affected long term by anything you mentioned. I will stay long and enjoy another year of 35% return
Baltic dry index is the lowest its ever been since recording 30 plus years ago. It measures shipping rates for dry goods shipped worldwide. Like GRAIN, STEEL ETC. Trucking is off 50% IN THE US YOY. EU BANKS ARE ALL ROLLING OVER HARD. The energy sector in the US is slowly going BK. Look at natty gas. Look at coal. Look at the shale drillers. US banks starting to roll hard because junk debt from above is bad debt. I'll stay short thank you very much.
Bareft, I have been bashed by so many, so you have my apologies as well. I hope you and I can continue a respectful dialogue.
leeharold, you or bareft may not be in that group, but there are plenty who have. You are, however, calling what the "bears here" post as drivel, which could be interpreted as directed towards me as well. Correct me if I am wrong.
Yes, the market is down, but not the entire market. I look at the various sectors I have on watchlists, and there a number that are up, unlike Monday. Yet, FB is lower. If this doesn't indicate anything to you, nothing I can say will change that. I was highly positive on this stock, even after it burned me in the past when it was up to $110 or more. But, after having lost on the sale of it, and now continuing to lose more, I see it very differently. There are many on this board that bought at prices way below where it is at, so it is easy for them to sit on the sidelines while they wait for a recovery.
The only way to make any money is to try to be objective. Now, you have just called me rainbows and skies which is just another name for stupid. Don't expect me to like that.
No reason for QE. This is a typical Wall Street scam to scare people into selling. Then the big banks step in and buy cheap. Nothing wrong with the US economy and China market is closed all week. Low oil has zero effect on tech stocks. Move along and make sure you cover today.
"No one wants to be civil"? When did I ever write anything "nasty" about bearish people here? Also, when did bareft5 ever do that? Take a look at the past few days here. If you believe some of the bears here you would think we are all going to die. Why would they write such drivel when the entire market is down? Lack of any experience explains that.
Already short FB maestro. Just trying to help the less educated out. The only thing that saves this is if yellen does a massive helicopter QE drop of the likes we have never seen. Which is totally possible. But when does she do it? That's the biggie.
I don't consider you a basher, and you might be. I've never treated you like a basher to the best of my knowledge. If my posts have directly offended you, you have my apologies.
Then short it today. I bet you won't. You are a loser basher that gets paid by some sleezy hedge fund. What a sad life
That's what Najarian just stated on CNBC. He & Terranova said what should be obvious - they are in a falling S&P market, and a general market that is bringing tech stocks down. If others can't face the truth, that's their issue.