The closer we get to tomorrow’s jobs report, the more I smell fear in the air. I am 55% cash now, risk averse ahead of the numbers. I am very busy complaining about this and that, citing percentages and hardships. Meanwhile, back at the Federal Reserve castle, Benjamin Bernanke is fine tuning tomorrow’s numbers to be goldilocks, not too hot or cold. It will likely launch a powerful rally, displacing bears and sending them rolling downhill in their wheeled chairs.
Sounds crazy, huh?
Well crazy is exactly what happens, over and over again.
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BUY EVERYTHING… except gold, silver and steel of course.
By the way, what’s so crazy about a 5.2% decline? Sounds like a reasonable correction to me.
By the way, what’s so crazy about a 5.2% decline? Sounds like a reasonable correction to me.
A 30% + decline sounds even more reasonable.
o(^_^)o
I think your clock is broken… it’s 2013 not 2008.
I bet you if someone wrote that in 2008, they’d say “your clock is broken, it’s 2008, not 2001.”
LOL nice!
Ben’s M.O.
Step 1. Paint as utterly bearish a picture as possible on the charts, preferably triggering Hindenburg Omens, ATR sell signals, and a moving average violation or two.
Step 2. Ramp SPY 15-30 points.
Repeat as necessary until we have jobs.
“Tomorrows job report”
“Not to hot or cold”
Me talk pretty one day…
I fear that fear is catching up to greed in the algorithms driving the market.
alot of noise surrounding one lousy fuckin employment report
gee, it must be summertime
Looking at the sharp up reversal of RAS, SPF, O, AND OTHERS
I can only speculate that job report is leaked again, tomorrow it will be good agaon amd the clam will confirm that he is not tapering for a while. +200 points tomorrow.
And again I will be holding my ballsack trying to chase…. Grrrrrr
go get some utilities…XLU/SO/ED..prime to bounce first
Hey Mr Fly – you blowout that FRO??
still long, you jive turkey mother…
been watching bloomberg all day why are people crying because a 6 or so % drop in the the last week or so….Market has been on a tear this whole god damn year.
Monkeys are beginning to think they evolved to humans. My dad thinks hes the next Buffett cause hes up 15% this year.
We are desperately in need of a correction to shake these petty fools out their comfortable ignorance. I love when the market rallies but hate the arrogance that transpires among the participants.
no POMO tomorrow
Won’t matter. They are going take tomorrow’s number on the fly. The SPY will likely be up at 163.25 before the number even gets released to the public, and it will ramp up over 165 by the close. Doesn’t matter what is the actual print.
Today was your last good buying opportunity of 2013. Hope you bought it.