Don’t listen to the dicksuckers on CNBC. Today was an awful day for stocks, with massive carnage found in heavily shorted names. Aside from the wondrous world that is BVSN, risk appetite in stocks that professional short sellers bet against were blasted today, abhorrently. For me, this is the #1 indicator of risk appetite.
Have a look.
Do you see what’s going on? The Dow shows a paltry decline, yet under the hood it’s all Fred Flintstone.
Aside from coal stocks trailblazing a path to zero, natural gas was crushed. Also, semis were punched in the fucking face!
Look, I have a God given right to luxury and winship. Do you think I like giving back money that is rightfully mine? The idea that ALJ or CPST dares to stand in my way of unmitigated success shakes me to my core. Now I’ve been very patient and I have most of my money in cash. I do not listen to men who sound like Kermit the Frog, declaring we have 25% upside in this tape. I know how to read the tea leaves and understand how the global economy works. Because of all of that, I am exceedingly cautious here, into a month that is traditionally robust.
UPDATE: Have a look at The PPT Tech Index, 1 month chart. Does that look healthy?
So, oil and gasoline prices skyrocket and all other fuels plunge. Makes perfect sense in this Costanza Market
if you are rationalizing the force behind moves u are most likely to lose your shirt….
in this market higher OIL means HIGER SPU
in the long run u are right
should be*
go with the tape, let emotions biases(bleier!) out
“Beware the ides of March.”
“Heavy hangs the head…”
Look the fuck out.
u tell’em, boss
don’t breitbart that joint
Love the TIF. What a glorious day.
TIF sashays as the market decays.
Even though TLT weakened throughout the day, silver and copper continued their drifts lower. Certainly not symptomatic of any kind of “risk-on” apetite.
I’m just a flush away from making some more money, both in the market and the shit runs down hill business.
and my nuts made of dmnd are being highly buffed in ah. as well as my play on the poor,dltr,fresh all time high
$DLTR. Hehe. Get you $ome.
Fly,
I’m surprised tThe “Risk Apetite” index in the PPT doesn’t look worse than it does.
Ya-ba-da-ba-doo!
Consumer staples ETF (XLP) hitting new all-time highs also. Top holdings include KO, PG, WMT, CVS, MO, PM, and KFT.
I’m sincerely trying to alert my friends at this iBankCoin forum, to pay attention, this is going to get WAY worse, now it’s the Fed, you MUST see what the FED is doing:
http://www.youtube.com/watch?v=4UqcY8lGUUE&feature=g-vrec&context=G2fa6720RVAAAAAAAAAA
They are trying to pull this, watch it now.
Alexander Hamilton salutes those about to rock.
Also. If you want to take out your vengeance, you can always try a collective short on $NYB. The bank was stamped on USD before current Fed. Reserve seal… .
Critical mass is coming.
The youth of this country are aware of the scam.
It is a beautiful thing.
God Bless America.
blowhard loudmouth idiot in that video.
Nibbled on some ALJ today as well as some CLF,TCK, and EXK. Looking for a China bounce! If I don’t get it, I’ll just have to double-down!
I’m still laughimg from that “Show me your VXX tits” exchange yesterday
This market is built on used popsicle sticks and heavily chewed grape bubble yum.