Poof! Your bullshit market rally is over.
-Merlin
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Joined Nov 10, 2007
23,446 Blog Posts
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This is turning into total carnage.
I upvoted you
Glad to see Merlin again
Love seeing Merlin.
Should be “Your” not “you’re”
Speed kills
Merlin would probably say “Ye.”
The Bernanke giveth the Mediterranean loafers taketh…
Oh, the humanity!
He hasn’t aged a bit
Told you muthas that the market was going to take out two thursday ago levels.
The market will go sideways for the rest of the day and hold these levels. The action will be grinding up.
Stupid shits will be fleeced later in the week.
SHUT THE FUCK UP. i told you so
Had a feeling we might see him today. So much for trying to be bullish…if tech can give it up, we could see something massive by the end of the day. Many stocks don’t seem too weak, although they are quickly catching up to the broader market.
Any more name calling? Happy now?
ha!
“Are you sitting comfortably,
Let Merlin cast his spell.”
http://www.youtube.com/watch?v=-LH72BTAYME
Where the bulltards at now?
Mostly in cash. Waiting to buy the dip.
just waiting for you “end of the world” geniuses to short us stock lower
We’re busy cashing in our winnings from last week’s rally.
The sky is falling! The sky is falling!
Come on now. This simply guarantees another round of QE so that we can kick the can down the road one more time. The road ends in a cliff, and it is just ahead, but we still have a year for fun. This summer will continue to suck through September, but then we will have some fun when QE3 is announced. Its funny that the Fed has become so predictable.
Remember the days when predicting the Fed was fun? It’s now boring. 0% rates till it all ends. QE till it all ends.
Now for real concern. Glenn Beck is talking to the Knesset today. LMAO! Looks like Israel’s government is even more of a joke than ours.
i think u may gotz sumpin dare, im waitin till the blood is knee deep!
Abracadabra, yo !
I changed my mind on GSVC. I like it under $15. Michael T. Moe (no relation to the bear on iBC I hope), the chief over at GSVC, seems to know his shit on Lindzon-style trend investing. He wrote a book on finding the next Starbucks, plus it doesn’t hurt that he’s on the fucking board of SharePost. As for their FBOOK investment, it’s not really significant, yet. Although the valuations are egregious, the fact remains that each estimate is bigger than the last; you can’t ignore that.
Also note that there are 100M authorized shares with 3.3M in the float for GSVC so to raise more money they can dilute, but will probably do so through a preferred offering.
Your trade in WNR made for fun reading Thanks and well played
ECB, IMF, Feds all saw this coming (Italy, Jobs report, etc). The BS rally from 2 weeks ago was nothing more than a “pad the stats” prop move. All in all with the SP at 1320 and DJ at 12400, to outsiders things really dont look that bad now, do they? Either accept that the “fix is in” and by the blood soon, or get to the sidelines.
From Glenn Beck’s speech to the Knesset:
=========================================================
The Jerusalem Post reports:
Beck discussed how the shocking reality of Israeli everyday life, under constant threat of terrorism, does not prevent the public from living their lives comfortably and casually.
In his classic simplified yet brazen style, the pundit explained “the few things I actually know” about Israel:
1) The Israeli-Palestinian conflict is about destruction of Israel and the west.
2) Anti-semitism is going to go through the roof. When these conditions appear, it’s always the Jews fault. It’s not about the holocaust, (that’s) just the latest in a string of events thousands of years. Holocaust is just the one they made a movie about. It was the same way all the time.
3) The world is about to change, so think differently. Everything you thought you can count on, forget about it, (and) create new systems.
4) The truth shall set you free.
Beck then explained that his plan for Israel advocacy is based on communal outreach. “If you go to a synagogue, reach out to a church. If you go to a church, reach out to a JCC. Say, will you watch this with me? After that we’ll talk and eat and get to know one another.”
————————————————
WTF is the Knesset doing letting this dude talk to them. Yes, he may very well be right, but come on now, this is stuff you aren’t supposed to talk about in public. If you do, people start thinking you need to be committed to a psych ward.
The fact that bureaucrats are willing to let this guy speak is a bad sign. The shit storm is straight ahead, but not yet. We still need one more round of QE before the Fed has no more bullets.
The last rally is dead and buried. The next rally is just waiting for the consensus opinion to agree to sell creating an oversold situation. I may sound like a crazy person, but financials are already starting to look a little oversold. They are not all equally bad but they are all trading lower together. One more down day and it may be time to do some buying.
Merlin drives a FAZmobile!
It’s time for a patriotic rally!
wow 50 downvotes? really?
Dumbledor is that you?
Lol! Majicks!
If the dollar cannot hold $76, your poof is puffed.
______________
Looks like an ABC bottom at 1319 … shorts should prepare to get their faces ripped off … looking for a double bottom @ 1320
the bears turn to get sucked in. i figure by wed-thurs, they get their faces ripped,said the same 6 responses up, but it’s waiting moderation
Well I may be sticking my neck out here but I’m buying a little today!
Next move in EURUSD will be decided by moves in Europe banks , and connected indexes: EWI VGK STD EWP EWG DB IAB NBG UBS . They ALL look set for dead cat bounces right here
So, stop staring at the 15 minute EURUSD oscillators and spaghetti trend lines, and start watching that watch list, If you want to know where UUP and SPY are heading.
There are times to be using oscillators, moving averages, and automated signals. But , this is not one of those times. Extremely news driven market here.
for all the non PPT’ers, the market hybrid is 2.52 (oversold) right now.
Buy the dip, WNR to 20!
So, are you retroactively banned now?
How did someone get 50 votes on a comment? Something is rigged!
yeah i think its bogus!
Could be bogus. Seems likely.
OTOH, when you talk about carnage, everyone who’s very long the market is pissed at you. But of course that won’t keep them from losing money if the market does continue down hard. Most everyone seems to talk their book and to want everyone else to talk the same.
bought GFA at 8.51 …. easy peasy
lemon squeezy
You fucking babies, there is no crying in baseball. Who DON’T think the debt crisis is going to ravage the fat people economies of the planet Earth? Its a zero-sum game mutherfuckers. Gotta create more than debt and diabetes.
How do we make money on this nonsense? The PPT will be bending the oversold meter (whatever the fuck that means…) buy the dip, the eurotards will learn how to print money as fast as the USA and it will all be oh so good.
Buying more ERY
Make sure that all of you have your trading cash in actual cash and not in a sweep to a money market account.