Cramer appears and futures start getting hammered again, he leaves his desk and they start to recover again. It's also interesting that he no longer reports from the network's studios but is directly on the floor with his team.
You won't see one bit of him until they recover, mark this POST. This has got to stop because it is costing too many people money in the options markets and creating hyperinflation.
The numbers continually don't count the people out of work and who don't show up to be counted. I know as I work in the investment seminar business, which is crowded with people because they need to make money on their porfolios because they can't get jobs and get lousy advice at times...
So much for the continued ramp up, just when I get frustrated and reverse to long a bit. Still some shorts, but long metals hoping for a divergence here...
Realize they won't be ones you think that would go down. The powers that be that have run this bull market are VERY protective of the stocks that got them there. That includes google, and the high flyers. I would only short ones who have huge volume and cannot be manipulated with borrowed money by the mm's. Consequently it is best to use index's or et's, not the reverse ones. That way you can remain more anonymous.
Witness slv getting destroyed by five times average volume.
You won't have one. This is the kind of thing they were saying back in late nineties. An enlongated stock market is the only way lots of these co's can pay their employees. They are basically tired of getting whipsawed by goldman everyday and most have a line in to the fed for that reason, and are getting it across the board. Take the non-correction notice from someone who's shorted most of the highs and is now long for first time in three months off right shoulder shrugs w futures.
If they don't buy up all the selling in the dollar, the rally will become less real as it is already false positive. A 30% hit on it translates to dow 9800 and the fed knows this. So they have to move in and buy the futures, but that doesn't mean it is trading there. Witness silver eagle coins going for 49 and spot at 22. This is another disconnect in the markets and they know it.
Last two days, huge seller in the ndx, that is not someone who wants to buy the lod either. Good thing we don't get to see the testimony on cnbc too.
The one thing I dislike the most is that we now have a group of them with names like Jamie, Joey, Tommy, Lloyd, good 'od bankster names there. I will sleep better at night knowing they are in charge of all the trading that goes on so they can give their people bonuses for realing in people's money without lending them anything.
Doesn't have to answer to anyone and only to itself. I like how they get the 'vote' done in time for a nice run up in futures before the market opens. Metals markets get crushed once again.
in the last eight months. If that isn't a bubble I don't know what is. The last time this much happened this fast to sp500 was in 2000...
If they don't have to pay as much in taxes, then then can buy back more of their stock. This is the only way they can pay along incentives to employees and to the honchos upstairs. Forget about the shareholders.
And to have 13k by 2015. Now that is an economic recovery, if only all other sp 500 co's would add 5% of the ones they shipped overseas then we will recover along with worldwide gdp. What a frickin' joke.
Unbelievable isn't it? Amazing how the media doesn't want any independent voices and any one organization having any say in what goes on with answering to board of directors. They just think and get paid to endorse anyone that holds top positions and that they should not be questioned at all. Socialism at it's finest.
To help them out, and jam back up the markets so they can keep those bonuses rolling in. First time silver up w out gold or dow in four years. Lmfao.
The qe doesn't stop, they want another gap up on the highs. If we take them out off the races again. Italy, spain and bond sales don't matter, jamming down gold and silver and forcing back.
As will a stock market melt up, people will be barking too much on their profits and fueling their lifestyles...