I once owned a stock called Stanford Telecom. One day they released earnings and the stock sold off for several days. A few weeks later, the stock was up 50%. My point is that the selloff in Sprint means nothing, zero, nada.
Ok, KCUF you for the stupid game. Idiot. IGNORE.
Yes, all of your buddies will lead you to wealth ??? Maybe you should spend a little bit of money and subscribe to timerdigest ?? Actually, my message to you is the Grand Finale for getting you educated.
IWM will lead, the rest will follow. Hoping for a gap up tomorrow so I can get 1000 shares TZA. I already own 1000 shares SPXL.
Because four of the top five timers are bearish at timer digest. The road map for the stock market this year is BUMPY.
Normally, when I think the market will go down, I stay in cash. But seems that all of the planets are aligned for a big pullback, so now I have a small short position in SPXS. Good luck.
If Monday and Tuesday are down big-time, markets will bounce Wednesday and Thursday, and Friday the decline will continue until mid-May. OR, a significant decline starts tomorrow with no bounce in-between.
CNBC is a joke. When was the last time Art Cashin ever said anything that helped anyone make money? How about Marc Faber (Dr. Doom) ? All a joke.