The "T" word--excellent skiidady bait Syb. Appearnce by skiidady would really panic the bulls. best contrary indicator ever, even more that geegee who reappeared on AMZN board predicting a 220 point gain for today. The exact opposite ocurred of course. I guess geeg scraped up a few dollars to buy weekly calls.
April low was around 182. This is getting ugly.
So far no appearance from the great one Mr. S yet, and Nasduck still in deeeeep hibernation.
Almost as good a contrary indicator as "skiidady".
Naaahh....this is just the warmup. The fat lady ain't really sung yet. Wait until we get the -5%+ daily declines.
Skidmark, I mean skiidady, almost never shows up anymore. He seems to be semiretired. His appearances are now rare and special, and often come before severe market breaks.
For all you know, I could have an chateau in the Loire Valley. Anyone claiming to have a $3.2 million condo Phil on yahoo finance is probably a blowhard.
So far silence.
CNBC said Gross will make a statement later today. The dude didn't even give 2 weeks notice--but he helped found Pimco so I guess he doesn't have to. So of the Pimco funds are down sharply today.
Gross was one of the founders of Pimco. The premarket price for JNS is way up on the news.
Of course then again it may be. Haven't had one of those for 6 years.