Attention: Merlin Would Like to Have a Word

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Poof! You’re fucking recovery has vanished!

-Merlin

34 Responses to Attention: Merlin Would Like to Have a Word

Purdy says:

QE II is now more likely.

Big “banks” have profited from the QE mechanism.

So, aren’t there better places than FAZ?

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Weezy says:

I know you guys have done this for so long. A report does not change a market trend. We will close Up triple digits thats why I will buy FAS and TNA on the open. This will be an instant restart of the buy mode in the DJIA.

FIG

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HuggieBear says:

Also, although im not big on technicals, if we close the week below the 200 day MA or 45 week MA, this market is most likely going down in a trend reversal.

If she holds above that, which she may….we may get a liquidity rally back up above 1200.

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John Q. Newbie says:

Holy shit that’s a funny post. This made me laugh about as much as that new Geico commercial with the sarge and namby pamby land.

Jackwagon!

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HuggieBear says:

Can you believe we are slipping into a deflationary depression that cannot be stopped and yet people are acting like its a buying opportunity?

Unless they start directly putting money in consumers pockets, we are going down.

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robert(rob_pvb) says:

as usual in all of your useless posts you manage to cover all scenarios, if this then… if that then. some people who have nothing to say like to hear themselves ‘talk’. you are one of them.

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Cascadian says:

Plunge Protection Team will be busy today.

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Satanfeller Luciforgan says:

The market is at a critical technical juncture. This is typically when the PPT (Goldman Sachs, our silent fourth branch of government) goes into full swing. If I had to bet, I would say this market is going to violate the laws of statistics and rebound, hardcore — going straight through all technical resistance and then resting up on top of resistance, turning it into support.

Once that happens, the PPT will step aside and let natural market forces take control again. If you can call high frequency scalp trading by Goldman and other massive firms “natural,” that is (as it seems specifically architected to destroy the American middle class and turn them into passive peon slaves for multiple generations).

When you have access to trillions in taxpayer money, given to you by CFR-humping candidates like Obama and Bush, why not use every penny to suck the bone marrow out of the “unruly” (and enviromentally unfriendly, according to Maurice Strong at the UN) middle class?

The market is going up, and we’re going down, suckers.

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francesco says:

basically i don’t give a fuck about how the market manage to play itself , the market ” forces ” you talk about is only volume of money . I know they do it , and I just follow .
TA doesn’t give you nearly a shit for this market ( or just get you quite casually on the wrong side of the trade) , and it’s been a while now .

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Satanfeller Luciforgan says:

TA can reverse signals to achieve greater profit. It doesn’t care which way the market is going. It can take any system and turn it contrarian for greater profit.

In other words, TA encompasses what you are doing.

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skogie1 says:

Fly, any thoughts on VXX here? My sense is that it performs best when there’s a sudden shock and less well during a slow motion fall, which I think we might be setting up for here. What do you think?

GO TZA!!

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