4 When a market acts like this(here) around important support levels, you have to question it’s ability to move higher. If this market moves below it’s lows of today, all hell will break loose. While I’ve mentioned we would bounce yesterday, it was short lived and I’m glad I did not participate. I will say that I have been making some very short term trades, while waiting for this market to decide a direction. This is one of those times where I would like to stick to my convictions, but have trouble doing so.
UPDATE: CRASH INTO CLOSE?LOOKS LIKE.
UPDATE#2: Wanted to get this down before close. I couldn’t fucking help myself. I shorted, HON, AMD and INTC.(I would love INTC for a long term hold, but I’m not in the long term game right now)
Also, AMD’s weakness is directly correlated to NVDA’s strength. It’s a battle and AMD is losing.
4 Responses to “Unhealthy”
drummerboy
yeah banger,the FUCKING ANGER RUNS DEEP. the opposite of the ows needs to be organized, cause most of us have guns, and we all have lists of these mother fuckers that need to be hung……… sorry to say though,no one will ever come to make it so. the people of this country love being screwed cause their all passive,and if they had a spine bone,the ows’ers would have killed hundreds of cops,once you get past the fat pigs,then,and only then the status quo becomes very scared,no guts,no glory……..
10banger
The list of people who need to be hung is long and it gets longer by the day.
Thx for the comment.
myelin
Well said and great video. I just started reading “Throw Them All Out” by by Peter Schweizer and was floored by this quote:
“The average American investor underperforms the market. The average corporate insider, trading his own company’s stock, beats the market by 7% a year. The average hedge fund beats the market by between 7% and 8% a year. The average senator beats the market by 12% a year.”
It literally is criminal.
10banger
Diabolical.