Well, I am sure most of you got lured into the market as it was about to “go green” only to find yourself mortified by the late day sell off. Then you were bailed out by a small counter counter trend rally.
One big bag of nothing, in other words.
As for me, I ended up slightly, thanks to WNR, OPEN and RFMD.
My position remains clear and outright pessimistic: this is the last leg of the rally. Prepare for black smoke and chards of metal to bustle throughout your idiotic neighborhoods.
It’s coming. Just sit there and wait for it.
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Goog is up big after hours because it crushed earnings estimates. Of course, that does not necessarily mean that GOOG is going to hold everything else in the market up by itself.
No but, there’s lots a thems who sez, if GGOG misses and retreats in price the whole market would dive as fast as a neutrino.
Oooooops, that’s GOOG
Can we get a ban for horrific grammar?
fig
GOOG will save the world…
Late day sell-off was pretty tepid no?
It’s coming Monday, to a Nasdaq level just like now.
ROYL was up 64% today. Good times are back, lol.
ROYL – Royale with cheese!
ROYL – Roll Over Yard Laughing
Roll Out Your Lamborghini
Rock On You Lameass
I’d snicker while watching ALLPROz laughing as a back stabber pours crazy glue down his throat.
Blinded…only queers snicker…get with the program already.
Crazy glue does come in blueberry and strawberry flavors…yum!
When the flavor “dirty British ass” finally arrives I will be sure to let you know Blind Dead Ant…haha!
I eat Snickers. Yum.
Your program of what?
You have nothing to offer here.
Nada.
Ask Taco what that means.
Offer some insight or find an escalator and see if you can fly.
But I’m kind, write your b/f a term policy.
As for me, if what legal sniper-scope. Dueling is for egomaniacs. Starts with caps of the knees.
Fitch just placed Morgan Stanley and Goldman Sachs on credit watch “negative”.
They also downgraded UBS and a slew of other global banks.
Thats gonna leave a mark.
Thanks, The Edge for the info. I found an aricle on it here, for folks who want to read about it.
Fitch Sends Out A Huge Warning On Banks, Threatening To Downgrade Practically All The World’s Biggest Firms
http://www.businessinsider.com/fitch-warns-of-bank-downgrades-2011-10
Hey the central bankers are getting ready to pull the plug and line everything up for the UN Agenda 21 phoenix to rise from the ashes. This is the moment they have been waiting for. They will manage to destroy the metals market at the same time through outright manipulation. Then they will take your land, as communitarians don’t believe in private property ownership. The only place left to invest is in a penis enlargement. I say GREENLIGHT DADDY GO, get it now.
Nice!!
Those banks also still hold those “secret” billion and trillion dollar fed loans.
I just downgraded Fitch, Fuck them!
Agreed!!!! That Google is up great for $GOOG. That only mean that they have more of mine and your money. This market is so frigging nervous that a kid in a Halloween Obama costume could so booh and send the market down 50-100 points.
You mean GOOG may not save the world by itself?
Fly, great song choice. Except for the rap vids, I always looks forward to your eclectic taste. Yes. Yes I do.
Downgrade after downgrade, yet the market will still rally prob.. Bull Sh*t..
You mean Tim, Alf, Lady G and Devildog are going to rise from the dead? Better change your wallpaper.
you have my whole hearted agreement. I think tech may gap up, but I certainly will be looking to find an intra-day short.
banks vs goog.
euro is melting in after hours.
fxe that is.
Buy nat gas.
Ron Paul’s eyebrow is predicting a cold winter:
http://graphics8.nytimes.com/images/2011/10/13/fashion/13SPOT/13SPOT-popup.jpg
OEW Daily Recap:
“Yesterday the SPX hit 1220 before starting this recent pullback. The rally came within 3 SPX points of retracing 50% of the entire five month bear market in just six trading days. Today the market pulled back to SPX 1191, making this the biggest pullback since the rally began. After a quite an impressive 13.5% gain in a bit over a week, a pullback of an even greater magnitude would not be a surprise. Nevertheless, short term OEW charts continue to remain positive as long as the 1187 pivot holds. Nothing has changed in the short term support/resistance levels as the market has been trading between the 1187 and 1222 pivots for three days now. Support: the 1168/1176/1187 pivots. Resistance: the mid-1200s, the 1222 pivot, and the low-1230s. The market hit short term oversold this morning and bounced back finishing over neutral. Would not rule out another attempt at breaking through the SPX 1220 level and the 1222 pivot.”
If every 2 S&P points is either support or resistance you can say you “called it” no matter what happens.
S&P may have best quarter ever!
http://bloom.bg/q8Dpbt#ooid=Q2ODd3MjpnIZO2u5v6d-SSeseWA3aJhh
It will be interesting to watch how they deal with the GOOG call option holders at the open.
Or…
did you do the BIDU trade, because you were too cheap to go for the Google?
Woosh!
600 billion in credit default swaps outstanding says this market is already dead. it’s amazing what a good mortician can make a dead market do.
“In Cooling China, Loan Sharks Come Knocking”
Wow.
http://www.nytimes.com/2011/10/14/business/global/as-chinas-economy-cools-loan-sharks-come-knocking.html
I once took a girl out for dinner that was so ugly…..(I mean, talk about ugly)…..seriously, she was so ugly, that I had to set her in a corner, and feed her with a slingshot.
Fucking hilarious man. Ugly dinners always a fucking laugh riot. English lessons for sale here cheap but, not fucking ugly.
Sometimes, ugly hurts!
Right now, the severe downside that could face the market hurts even worse (if you are long, that is.)
Lol
Friend of mine has a cousin working at the Long Beach port, he just confirmed, “things are slow as shit!”
L.A. Harbor/Long Beach is the busiest port in the world.
I have navigated my Boston Whalers through there at night, not fun (especially when the fog a/k/a marine layer is rolling in from Catalina Island)
NOT nearly as busy as they usually are this time of year..(FACT)
Thx for heads up VT II.
In the post-reality-show world, it’s to be seen how “economists” view this.
Somehow, a positive story about backlogged inventory and new hire payrolls causing a rise, despite lack of empirical activity, is the new norm.
It’s practically incredible these days.
So, the more technically oriented I go.
The stock futures are not bouncing back like the last few nights.
If GOOG earnings are the only thing to keep the upside together, AND, it’s a Friday?
This could get ugly.
When will I get my OWN reality show. Mr. Fly?
I am totally thrilled with GOOG saving the market today. They can now focus in on building our new economy!!!Forget the banks, just paper mache economy!!! GOOG can lead the US to a new golden era. We can have virtual products of all kinds, autos, ships, planes, heavy equpment. All the stuff that China is now making by hand we and GOOG will now make with our minds at home!!!!….hahaha, I can’t wait. I am already enjoying virtual sex and war games!!! Sooo high!!! Who needs reality!! We all can work from home! Maybe GOOG then can produce some virtual food that just feeds the right brain area so we feel full! Virtual Loaves and Fishes.
Praise Be To GOOG!!!
The hits just keep coming.. We ARE going MUCH, MUCH lower.. No doubt about it.. “Speculation will add $600 to the average household expenditures on gasoline in 2011,” a report released Thursday by the Consumer Federation of America said, “resulting in the highest level of spending ever of almost $2,900.”
You’re welcome Ant.