I should’ve heeded the warning of the great polar bear who kept eating me in my nightmares. That feeling of “impending doom” has turned into a reality, as I stare, almost helplessly, at a screen that defies reasoning.
There aren’t any bids in the NASDAQ right now. None.
From AMZN on down, this is a rout and I have no idea when the selling will pause.
Over the past month, the “best stocks” of 2013 have been taken out to the woodshed and executed. There isn’t a better way to describe it. You are looking at how a bubble looks when it pops. The constant selling, the sheer spectacle of the unknown coupled with the unbelievable causes people to freeze up and just watch.
It’s bid less, no hope. Hedge funds, without a doubt, are being liquidated over this secret crash. Over the weekend I will do some digging into who is being hurt the most and try to deduce what stocks might come under further pressure due to forced liquidation.
I envy the day traders, the degenerates who get flat every day, only interested in making enough money to pay the rent. I am losing a fortune here and I truly do hate my job, more than anything else.
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the broad markets are like that brand new hardwood flooring, while the momos are termite invested rotting subfloor.
truly strange to see the indexes so propped up. where is the money going?
WDC and MSFT.
Ridiculous
Mega caps are doing well this past month.
Flea, sacrifice a position or two .. partake in the secret crash festivities
Fly, I think you’d enjoy this one with Tim Sykes getting exposed
http://instagram.com/p/mSmZDYTUXy/
**Initiate emergency ‘take a drive’ mode
“Tech Bubble” articles get written every day. But this one kept me awake last night:
http://www.thedailybeast.com/articles/2014/04/02/bubble-trouble-in-silicon-valley.html
Manipulation at its finest.
On the 6 o’clock news, the market recap will state “and the Dow Jones Industrial Average closed down 0.3% to finish the week just off it’s record high. And now, for the weather…”
The real story will be purposely ignored.
The real story for the last couple weeks is final-hour-manipulated close making the indices look fine with lot more so called ‘negativity’ underneath
Thought we capitulated and recoved this morning only to get to work and find this. Freaking deer in headlights mode.
Bought more YELP at $67.
avg price 68.50.
I bought FEZ and sold Euro yesterday. I reckon it’s the trade for the 6 months as the Euroweenies are going to QE.
If the Euro closes well through 1.3700 today we’re doing much lower next week.
so true, to an extent, about us degenerate day traders. LOL. My day has involved buying and selling MJNA 4 times. although intraday makes up about 50% of my trades on average. in terms of my investment portfolio, I would love to catch the bottom of amazon. not going try it today though. thinking about getting in on ZOES pre-IPO. Keeping lots of powder in case I do. just growing wary of IPOs – JC has been blasting them for weeks. Please STFU Jim.
$FDO
it’s friday
you can buy some puts or inverse3x if you fear a crash
we need some circuit breakers in the naz
Maybe there’s a war coming soon. The rotation is defensive, no?
$PALL $PAL are your war tells. Russia controls most of the world’s supply of Palladium.
be nice to just get this over with today… let’s drop about 200 on the nasdaq, flush it out and move on. i promise looking back 6 months from now, we will laugh.
does anyone have any questions for me today?
what is the implication of ‘nohomo’?
are you a homo? are you a homophobe? I am confused? or are you confused?
YELP will close green. I bought 2000 shares at 66.
Fuck. Bart is now buying YELP?!
God damn it
Wow!! Talk about whiplash!! This is the most aggressive emotional roller coaster I’ve ever ridden
Have kept saying bears will have their day. We will have our day
I don’t understand how people can buy this tape…
According to my “fucktarded” lines..FEYE will probably gap fill around $45.
Just this morning I was being ‘schooled’ by a co-worker on how easy stocks are.. just put $300K in some high yield telecom, live like a king for the rest of your days. Taxi drivers handing out stock tips. As per Pete Lynch, shoulda known this signalled the top..
The whole thing, easy money for banks, (which is what it was primarily built on), is a ‘joke’.
How this society didn’t learn, after it happened TWICE, recently, that easy money is in the ‘too good to be true’ category, is, absolutely amazing
Tradable bottom is close at hand into next week. AAPL/TSLA/FEYE are your three bounced signals. Also watch TLT (long bonds) flirt with a TRIPLE TOP above 109ish next week. If it is indeed the triple for rates, watch tech/growth rip the tits off these new FEYE/SCTY bears.