bald faced lies.
2T dollars and 100,000 of lives utterly wasted,
and now iraq is a province of iran.
crude has gone from 30 pre iraq invasion to $115 today and peaked at 145
the ever increasing cost of the iraq fiasco will haunt this country for decades to come.
you terminal f ups just puke it out,
you don't deal with your chronic mental illness,
you sit there and use the internet to indulge your illness to the nines.
schizoids lost in their fd up schizoid worlds.
rick santelli has been bearish on the market for over five years now.
rick santelli is a joke supreme.
ranting and raving for the clueless masses.
showing a very notable and sizeable uptick,
and what that meant for ec and market.
and risk trades back on.
as junk bonds rally, betas rally, algo bots go in a tizzy and spit out buy orders.
i posted buy calls on several key betas at their washout lows and at key support pivots,
with repeated buy calls at test of spy 50dma.
i post a savvy article about how betas and indices rally after capitulation type events,
3 weeks later.....
market has shot up nonstop with beats going on a two week melt up off their washout lows.
and now ec reports come out conclusively showing what i was pointing out 3 weeks ago.
and yet, most of you just sit there and grope a clue,
squeal your brain dead clueless rants about fraud, and puke out your mental illness day and night with your 10 year schizoid school yard taunts.
you waste your days away. lost in your fd up little world.
now, that's after i came out in early march and repeatedly pointed out the weakness in betas that had previously led the market and the weakness in financials and what that meant for risk trades and risk reduction,
betas promptly go on a 2mo epic bloodletting.
do any of you f ups have any clue whatthefuk you are doing and looking for or what drives the market
if forward estimates do not pick up big time,
and real soon,
this is outer band valuation territory where bots spit out sell signals.
and why some betas are turning back down.
do ya follow?
i know what drives bots, and model based trading.
both at the lows and the highs.
Every quarter, JPMorgan Funds publishes this annotated chart of the S&P 500 since 1997.
It highlights the last two stock market peaks and subsequent crashes.
Back when we saw it in April 2013, the S&P 500 was at 1,569, which was just points from the Oct. 9, 2007, high. Back then, the message was that valuations were actually attractive despite the elevated price levels.
Unfortunately, that can't be said today.
At around 1,960, the S&P 500 is trading at around 15.6 times forecasted earnings, which is higher than 15.2 in 2007. And this comes after a 190% run up, which compares to the 101% gain ahead of the last market crash.
There's obviously other things to consider than just forward earnings.
But the bottom line: The stock market definitely isn't as cheap as it has been in recent months and years.
the clowns with the worst records of futility and ineptitude,
fall all over themselves to puke out their fd up fracture thoughts,
and get it massively wrong time and time again.
find something else to waste your days away.
apply it to your lives.
you can be happy and content at peace with yourself and others.
you can stew and stink and whine and rage and waste your days and years away doing nothing, accomplishing nothing.
a direct result of dubya's policies.
a direct result of republican instituted tax policies.
the super rich make far more off passive investments at far lower tax rates than those who actually work for a living.
all as a direct result of repub driven tax code.
whatinthe#$%$ is your major malfunction?
besides being a profoundly fd up multi id group home schizoid.
do you ever shutfukup with all your fd up schizoid id's?
and said it was time to buy the betas at their washout lows,
and posted savvy articles on what happens following capitulation type events and high cash levels,
and posted savvy heads up on the big uptick in key leading indicators.
and gave repeated buy calls on spy at tests of 50dma,
just before market and betas shot up big time to new all time highs.
on googl at 200dma 40wk washout lows,
on tsla at 200dma 180 level.
on nflx at 300 washout lows.
on spec betas at their washout lows.
not one of you long time fd up clowns offered anything of use.
in fact, the board instantly sneered it off time and again.
and other board troll has an epic unbroken string of futility and ineptitude.
anyways, so now spy has a nasty triple top at a big fib res zone.
and early on i said it was not to be dismissed, that the fold over was very real.
anyways, a core group of you long time board trolls are whacked out of your mfing skulls.
but then, that's stating the obvious.
with spy right at the cusp of a 2mo wide h&s,
key leading indicators made a sizeable uptick.
i instantgave repeated buy calls at spy 50dma,
repeated buy calls on betas at their washout lows.
market promptly goes on a month long rally led by the betas,
a month later....
latest ec reports conclusively show ec is gaining traction,
and you fd up clowns look at 3mo stale backward looking reports,
as you grope for a clue.
the contrarian play was to go against this board,
which is nothing but endless whines and clueless rants by perma f ups.
people who are experienced in this market have pounding the table loud and long for over 5 years now.
and with an ec now expanding above trend, with forward leading indicators and key forward ec reports decisively going higher,
current earnings expansion of 8% this year is likely to get pushed even higher.
there is good reason why the market is marching higher.
the chance was in the 1st qtr when ec had stalled out and led to reduction of risk trades,
betas promptly went on a brutal two month bloodletting,
and i saw it coming and repeatedly raised the clarion call.
at the lows, i repeatedly gave a huge heads up about the big uptick in key leading indicators,
and what that meant for ec and market and betas and risk back on.
betas and market promptly shot off their washout lows and risk back on.
and yet, 99% here are operating without gd clue.
but they sure love make complete #$%$ of themselves.
what key leading indicators were screaming out in mid may.
spy promptly shot off its 50dma, and led by betas off their scrub out lows.
big uptick in key forward ec metrics.
and the clowns sneered it off every step along the way,
with all their shrill fud and schizoid antics.
as they grope for a clue.