hasnt been able to clear it all day...
supported by zero interest rates..and Fed maniputlation of the bond market.. no real GDP no JOBs nada nothing... thats all nothing more
bet they might think what if asian markets tank on monday? I coulda got out on Friday...
Far far far from over talking heads can say all they want.. until its too late
What i find is that most ppl are clueless too busy texting, facebookin, going to meetings, etc etc or they just think the govt will take care of everything including crashes... well this time there is no cure for global contraction.. but inflation which does what ? kills asset prices
its going to crash hard
day just started lots of falling knife buyers waiting in line for a chance to buy this "great entry point" in the market
at 14792.... likely a bounce off that at the very least before further down
Not really because l know human nature.. they will buy on the way down and sell in week when pain becomes too much like I used to do many times.. there will be no savior this time becuase world economies are sputtering like an old worn out jalopy
should be good for some more selling later in day
Bernake testing the markets reaction... may be a short lived correction if he comes out and says something else in a day or two.... or a major reset one of the two
you will.... alot are trapped right here at 6.40 6.50 area they want out.... buy at around 6.25ish this morning we'll be over 7 by end of the day then 8 on friday 9+ on monday when the real funn will start That china data is bad and the fed ending its games are worse
dont you think the biggest rats will jump ship first...? they gotto know they only have weeks
Sleep tight gupper... behind the scenes pressure mounting on bennie.. isider.... that action today was highly classified info gettin leaked 200 pt swing just the start
No demand for anything just a bubble courtesy of govt monetary policy around the world ready to be "popped"
looks like big boys see the end is near
Vix up market up uvxy up
print print print... no demand for goods .. china is next
Your turn is coming