You will be surprised by what I have to say. After watching my good fortune laid to waste by bastards, I’ve come to the conclusion that this can only be purposeful. It’s important to remember the bigger picture here: The Fed is your friend. They aren’t interested in deflation because the stock market is the only thing worth saving in America, that and iBankCoin. Rates cannot go higher and shall not be permitted to go higher, as long as the government wants to service their $20 trillion debt load.
What lies in front of us is nothing more than a giant snare, a trap set by diabolical people, greedily positioning to buy your liquidation. Hell, by the way SPLK, FEYE, WDAY and YELP are trading, they want my liquidation too.
All of a sudden, a great many global hawks are telecasting their dire predictions for the market, reactionary folks who move with the wind. You will become scared and might sell because the pain is too severe. It’s not rational to accept pain and to know there is more on the way and still, willingly, sit there and accept it. That is what I’ve been doing, violating all of the basic principles of money management because I’ve been conditioned (pavlov) to not capitulate.
Maybe I’m wrong. Perhaps the government is filled with a bunch of bumblers who have zero control of this $17 trillion economy. But after the near collapse of 2008 and scare of 2011, it is my opinion, as well as the opinion of many others, that it is in the best interest for us to keep the status quo going. While the patient might have cancer and will eventually die, there’s no upside to killing it now, unless you had something to inherit.
Top picks: everything next week.
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Have you seen the IPO for HIVE (Aerohive Networks Inc) – seems like it could be up your alley with your desire for cloud based businesses, this one has “mobile” to boot
number 1…i came to bring the pain…https://www.youtube.com/watch?feature=player_detailpage&v=3p-rFeVFVMc
It was time. Long N into the close.
It’s been tough not chopping off my own penis this week. Appreciate your words of inspiration
FED may need to bring more pain before launching QEx later this year. I get what you’re saying because if the market tanks, it has proven them to be a bunch of frauds so it is in their interest to keep the music playing. Kind of caught in between so how they play it is a guessing game.
“Rates cannot go higher and shall not be permitted to go higher, as long as the government wants to service their $20 trillion debt load.”
Thank you. This should be stapled to every bond bears forehead.
It is a trap, but not of the sort you’re thinking!
Easter is on the horizon. Jesus is coming.
Fed helped along the last 2 bubbles, ne’er forget
and they popped.
@jules that reminds me of the rural fence post sign. “Jesus saves… Moses invests”. Jesus prolly all in Treasuries right now and Moses taking a whooping in FEYE…lol.
You’re missing the point Senior Fly: rates going up is proof that the Fed HAS lost control. No more bullets in their 6-shooter my friend.
Exactly.
That my friend is hugely low probability bet. Think about it
“the stock market is the only thing worth saving in America, that and iBankCoin. ”
Maybe the stock market’s demise will reveal the ultimate true greatness of this site
…what’s stranger still; they are talking rates up every time they get the chance.
RSX up in post market. Peace in the Ukraine?
Inflations is coming folks. Thats why they are talking up rates.
TSLA goes up 2% when the NHTSA closes their investigation? That shows you what a turd this market is.
also went up afterhours on the deal with NY state. although Friday afterhours news apparently travelled slow. was able to make a couple K right after the market wire. although small consolation for a horrendous week.
What is going on with VIX?
1855 was an important line to stay above today. I think yesterday was the bear trap. I agree 100% sir fly.
While I’m a bear, I’m a day walker version like Wesley Snipes in Blade. (Unlike Wesley I pay my taxes though). I’ve charted a rising wedge for 3 months that said march was too early to top and drop.
Bear trap?? Congrats on being a bear, but a Ndaq +51 to red to +4 suggests a reversal of current distribution trend?
The desperate final trading minute Dow pump masks the hood underneath?
(They manipulated the early Feb drop again, of course, all it takes it one time they cant)
Actually, It’s the BoJ that concerns me more. Japan should be taken off life support and allowed to die, call it a mercy killing. ECB has much bigger deflation problems.
The network, cloud and social are dead for now. Long live food – SFM and WFM.
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Kentucky vs. Louisville … tip-off momentarily !!!
Should be entertaining !!!
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… 3 point game (Louisville) with 2:51 to play …
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Kentucky ties it … 66/66 …
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1:26 left … Tied 66/66 !
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14 secs left … Kentucky by 1 … 70/69 …
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Kentucky WINS 74/69 !!!
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thanks man. now i don’t even have to watch the game.
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😉
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it is time-
Yesterday was a false break down with a long tail and a close back inside. Today was just noise. No doubt the swings are getting bigger but the close above 1855 was enormous.
Don’t get me wrong though, i think there’s a good chance we end 2014 lower than where we started.
Obama and Putin have a bromance=we rally Monday…at least until 10am edt
$BP to 51 by mid April (Would I lie to you), My 49 CALLS have no bearing sheer coincidence LONG Russian Casino!!
IMMR Dead dog bounce alert…maybe time to play?
Was reading through Yellen’s testimony to congress from last Feb as my wife was out getting fake tan and a hairdo for those charity no makeup selfies, when it occurred to me , the female brain is like a web browser with 26 pages open simultaneously – now I need Bordeaux
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….. There’s A World …..
There’s a world you’re living in
No one else has your part …
All God’s children in the wind …
Take it in and blow hard.
Look around it, have you found it …
Walking down the avenue ?
See what it brings …
could be good things …
In the air for you !
~ Neil Young ~
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Anything but straight laced boomer tunes. Try Waylon Jennings even. Fucking Kenny Rodgers. The only thing worse, would have been Pink Floyd.
even some off key 2 string guitar twangs of Willie Nelson would have been an improvement…blue skies, nothing but blue skies do I see
twang twang twang
Indeed. The outlaw country acts are universal. No generation need apply.
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WHATTA GOOFUS !!!
LOL
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COMPLETELY WITHOUT A HINT OF A CLUE !!!
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The more the Fed prints, the less impact it has. The world is printing trillions … Japan is presently doing almost 4x’s per capita in QE to the US. Yet there is no real inflation, other than the BS pump up job in assets and commodities.
Who the hell are we kidding here? Japan has been at this shit for 20 plus years.
People, get your heads out of your asses. Wall Street is not America. This game is just about over.
Whats Next? DEFLATION!