How can anyone hold stocks for longer than 3 days? The market is in a trendless trend now, with both sides scared to commit. Bears know The Turkey Gods are gunning for them. And everyone else knows Europe is bankrupt. How did this all happen so soon?
We are down 50 now; but we were up about an hour ago. Why? No reasons, whatsoever.
Life is a miracle and the stock market is here to fuck with it.
I sold out of AKS and DK today, one for profit, the latter for loss. I have zero conviction with any longs, aside from silver and gold. But even the precious is acting suspect. As I write this, the market is fucking snowballing lower, now off by 90. At the same time, WTI is putting oil bears into the BRAZEN BULL, roasting their stomachs for sport.
Nothing makes sense, except rapid consumption of strong liquor and sandwiches.
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Do you still have faith in LULU.
Thanks,
Very little.
Fly,
CME has been getting hit hard relative to market in past week. I have seen a bit of chatter re: their handling of the MF. Do you have any thoughts? Cheers
My best trade was a mistake. I put an extra -0- in my # of shares purchase order for GMCR.
I really feel like a fool. MF Global has some of my money and I am supposed to tell the future.
Reality check: we’re all Gerald Celente sooner or later
Off the cliff.
Utilities?
Exactly. Like I said inside 12631, It’s the Lucy-Charlie Brown Market. Some days the Bulls are Charlie Brown, and some days the Bears are Charlie Brown.
Also, kudos to the person that was goofing on me yesterday for being so cautious. How’s that working out for you today?
3 days? I was thinking more like 3 hours.
Is that you GW?
It’s a downgrade of German banks. I see the future and it has a lot of pain for a lot of people.
In this market a thrown dart is as likely to find your eyeball as the bulls-eye. Ain’t lyin’.
And thank you, Fitch!
Was coming sooner or later.
A rating agency ‘comment’
Probably sooner…
Happy to see someone with your experience saying and seeing the same thing I am. No sense at all. Getting to cash quickly and licking my wounds. I respect the folks who can have conviction for any holding for a full day much less three.
I was underwater for a little while with MU but not now … YEAH BABY!!!
This Shit is bananas.
The US banks balance sheet is less than GDP but the Euros are a different animal – the balance sjheet of Euro bamnks is abvout 3 times GDP. It will feel like hot lava engulfing your balls if you are heavy long and the Euros explode.
I lost my balls, and I’m long TZA..
True…I have been having nightmares of Turkey Gods attacking me as I sleep.
Slight correction. Nothing makes sense except consuming sammiches (sans liquer) whilst reading IBC from the comfort of ones deer blind in the woods of Northern Michigan. 🙂
i remember some mother fucker here,who said to me,”fuck your coin store guy”, well, isnt this just an epiphany