Let’s assume that the wretched decline in ‘bubble stocks’ a few months ago was a harbinger of a greater doom to follow. I believe it’s fair to say there was nothing ordinary about it. The result was CATASTROPHE! strewn out across a Wall Street more accustomed to ribald field parties than preservation of capital, myself included. A minor drop of 50% across the board will make people change perspective, seek out a higher being, and generally despise the day they decided to take the series 7.
But here we are, a month or so removed from the second coming of the dot com crash, and everything is firing on all cylinders again. The monsters who once infected my comments section, declaring that I’d never pick a winning stock again are all but a memory now, following a string of wins reminiscent of last year. The base ingratitude that unleashed a hell-fire of death threats from yours truly has morphed into happy tidings and greetings from atop the capstone, bestowing a cornucopia of well-timed investment ideas.
Let us assume this is all a pre-requisite for a much larger, hideous drop, one that intends to catch all sleeping and with pants down. I believe there is a roadmap to be followed and I am about to give it to you.
Feel free to peruse the data in the link provided above. For those of you who are unable to read, being stupid, raised outside of barns and small Canadian towns, feel free to ask others in the comments section to describe it to you. It’s important that you understand your history, young Prince, for I believe we are going to repeat it.
I will squeeze what I can from the market and heed caution by mid-July. After a small dip, I will redouble my efforts 100% long and squeeze some more until late August, when I intend to reverse course and go short. The circular narrative will be complete by October, as the homosexuals on CNBC trip over themselves to describe devastation designed to relieve retail from their dollar denominated assets.
In the meantime, I like PRTA, TEDU and SGEN for the win.
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Not saying you’re wrong, just saying there are real companies in the QQQ this time around… AAPL, MSFT, INTC, SNDK, etc.
I am not suggesting the NASDAQ will decline like it did in 2000, only the group of stocks that were knifing lower a few weeks ago.
The next “big one” will be a liquidity event
Everything will go. (starts with margin of course)
Can someone please describe the data to me. Thanks.
jules, the data are a lot of numbers listed in table form. Some numbers appear to be bigger, or smaller, than adjacent numbers. Can’t quite make it out, but maybe some have to do with the demise of the Mayans….or are Fly’s collection of celebrity phone numbers.
Hope this helps.
P.S. The call for a decline I am betting is spot on.
Sounds like a plan….
Are you still holding DRNA?
Yes
The next blood moon is October 8th. Will it be red moon rapture or rupture?
FULL SPEED AHEAD
I am aghast sir that you could suggest your future Canadian overlords are unable to converse properly in the Kings English. I will have you know that we are quite capable of properly spelling such words as colour, behavior etc. In fact we have recognized that following the invasion we will be forced to re-educate the lot of you. To this end we have begun courses on what our invading hordes should be prepared to deal with. http://www.mohawkcollege.ca/Assets/Communications+Centre/Helpful+Facts+Sheets/Canadian+vs+American+Spelling.pdf
Those spellings are the result of most Canadians having their brains rattled by hockey pucks at a young age.
What is this shit?
I’m surprised that you’re not holding SPWR, that stock has major upside potential 🙂
The last bloodbath commenced when Janet Yellen talked about dots and the remote possibility of raising rates. Wednesday is key. Cyclically we should see a correction commence very soon. If we don’t then I am dead ass wrong we are beginning a melt up and I will be joining the party.
Couple interesting Whispers:
BoE saying rates, could, rise sooner than think….
Pope saying econ system can’t, sustain, current form…..
The free money is the market. The “taper” not being a clusterfuck is beautifully disguised as hope and change, currently. When the “taper” is done the tape is done.
Have you heard the conspiracy theory that they are not really tapering? hence the bogus purchases from belgium.
Indeed. Which means the tape is golden, but still vulnerable to a dump. Brazil will make it to the finals, but do they have to win? Depends.
Strange Days indeed.
your arrogant ramblings are getting carried out ZZZZ- keep it short… also you would love to live here in Canada, sheltered from urban gun fights and our plethora of free health care are just 2 great aspects of our almighty country of vast resources.
Canadia is a backwater version of Russia
I, for one, welcome our new Canadian overlords.
Fly,
Go long on ACHN.
short term outlook for AEGR?- got some short-dated 35calls, thx
Person can watch or download different football matches online.
Browse various team histories, official rules,
and a glossary with lots of advanced football terminology.
Yes, trading does occasionally work out in fantasy leagues, but more often than not, it fails miserably and can even tarnish
friendships.