I knew this shit was going to fall apart. It’s all bullshit; can’t you see that by now? The days of perpetual cocaine runs are over. This new version of POMO is different. It is luring bears into a false sense of security, in order to execute them later. By that time, most of you will be bankrupted.
I am down more than 1% this morning, giving back half of yesterday’s gains. This being the final day of the quarter, everyone figured we’d melt up. I knew we’d melt lower; but have opted to endure the pain and agony of capital losses, as a form of punishment, for committing the heinous act of gluttony.
Nevertheless, this is not a market fit to sell short. There is overt central bank manipulation. How do you expect to survive in shorts when there is so much widespread corruption? You cannot.
Over the weekend, expect China to introduce stimulus, which may pave the way for another round of short squeezes next week. Eventually, we are going much higher. But for now, we need to clear out the Qe3 buyers.
31 Responses to Never Trust a Rally With Two First Names
The Lord giveth and the Lord taketh away!
What a bullshittin, cocksuckin, fuckin Market!
My bullshit stocks are doing well thim morning, FB, SKUL and TSLA. There is no reason for this.
It’s time to crack some $SKUL’s…
(sorry, couldn’t help myself)
The V.King has a new “poll” up…
vking can go suck cock!
He is probably doing that right now.
Stan bend over Greg wants your ass…riggedgame clean up
You can’t fool us! This is “code speak” for you want in on the action!
Right that’s what it is…I’m assuming by your lisp that you’re like riggedgame Obama supporters…why don’t you boys start a daisy chain and let me bank coin….
We don’t lithp but yes we do support Obama.
HOMO’s can’t hear their own lisp…It’s kind of not smelling your own stink…
vking seems to know a lot about HOMO’s
You know what we always say Stan.
No I don’t know what you guys “always” say…I’ll guess
1. Pass the lube..
2. Oh fuck the hamster is stuck..
3. Honey does this make me look fat?
4. 99 weeks of un-employement isn’t enough
just a guess
The problem with QE3 might be that there’s nothing to look forward to. In the past, there was always the hope that the fed will step in once the market sold off. Literally there are no CB surprises left. And even when the do add liquidity the half life is now hours.
Clearly Ben saw that GDP was goign to hit the skids and thats why he QE3′d when he did. Now that all this CB intervaention is in maybe the market will look back to the economy and earnings?
It will be interesting to see if some of these comapnies can pass costs along to the consumer given what happened and will conitnue to happen in commods – Restaurants come to mind as margins will have to be squeezed in the future.
Until then shake it out the late comers.
(laughter) why are we trying to measure half life like this is a study of atomic decay?
I’m not criticising you – but I’ve heard this terminology before. Where did it come from?
Its all the rage now, kind of like “bifurcated market” and “I am agnostic to the market”. Gone of the days of ramp it up !!
btw you cant deny we are decaying ! lol
bot SCMR for the special divvy
I need to get on my Obamaphone to call Ben for QE4. I need my daily 40.
Hey Fly thanks for posting over at The V.Kingdom Blog…it means a lot!
Fly where is Jeremy?? I sent him some stuff and haven’t heard back….Hope he’s alright.
He isn’t to be bothered. Stop emailing him.
Man this place is fun!
I just shot some bears in the face.
Watch Westport and TJX, will be moving markets now
Getting over 1437.5 (daily pp) on ES futs would dramatically reduce threat of melt down today. IMO, with PP resistance the threat is still present. Indued.