I am in a very gregarious mood. I just had dinner at my favorite fish eatery in Princeton. The boys from iBC are en route to NYC as we speak for our annual meeting. And, to top it off, The PPT is flashing OVERSOLD–once again. I am telling you this, despite you being a mere internet leech, a leper of sorts, because I am a very generous man. Just this week, you have received a free rare gift from After Hours with Option Addict and now you get to BEHOLD! a live PPT OVERSOLD signal, which flagged throughout the trading session.
Over the past 12 months the stats read like a Rocky Marciano headline, 0 losses out of 10 contests.
What does it all mean?
Flawless victory awaits.
Over the past 36 months, the signal has a 86% track record, 24 wins– and just 4 losses (extra Dwight Gooden). It is a supreme engine of winship, a tool that none of you deserve. But let’s be friends, shall we? Embrace yet another gift from atop the capstone of iBankCoin and bear witness to face rippage as early as tomorrow–and assuredly by mid-next week.
SHOMP
I think that dial in phone number/access code was still the same from the free AHWOA, most generous if you caught that live again today. Freeloaders won’t have it as easy next week.
I was being generous for those that missed yesterday.
The bounce has already started. Do we rip higher from the start tomorrow? I predict we open higher, see it faded, luring in a bunch of additional shorts, only to see an upside reversal by 10:30AM.
So I am long some now and will buy the dip tomorrow.
It’s a 10 day hold from here.
Le Fly, I bet you speak in cursive in real life. lol.
And, damn, I didn’t get my invite to the dinner. Give my regards to @RC and @chess….great to be a part of 12361.
I am still short AMZN (looks like it wants to retest 280). I think we bounce tomorrow, but i think we see 1880-1900ish before its all over.
Blue Point Grill?
Yes
CPST? Are you rec’ing capstone?
I jest, but in peeking at the CPST chart it shows a nice consolidation.
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CHEERS … to ALL in attendance at the “annual iBC thingie”. !!!
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Will you ALL be voting on a possible lawsuit or perhaps an impeachment of the POTUS ?
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Where’ve you been Alf?
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… been devoting most of my time lately to tryin’ to win the …
Texas LOTTO …
POWERBALL …
MEGA MILLIONS !!!
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I’m UP twenty-three bucks this week !
😉
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long and strong heading into tomorrow morning!
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… GODSPEED !!!
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significant tech damage done,
another 5% down or more to go,
hearing rumours, is the fed behind the curve ?
We might go lower, but not within the next week.
I think the Fly may be right but any bounce will fail. tread lightly here. I have not seen a set up like this in awhile. However the Fed sees what we see. They will try to erase this set up.
No significant bounce coming. We will go lower.
Crashes hppen from OVERSOLD, senor FLY, which is where we are rght now (PPT notwithstanding).
The face rippage has already commenced. Problem is, the patient is heavily sedated, courtesy of nigh on 6 years of conditioning, from the PPT amongst others.
I will now watch, with bemusement, as you bleed to death, from 1,001 cuts, EXACTLY!
I promise, you are wrong.
2 possibilities
Setup for Obama saves the day with job numbers, investors breath sigh of relief
Start of something bigger related to credit mrkt, credit markets usually lead down
Either possible, no bias, except 7/31 action was allowed, Where they take it is question
i think investors want a bad job #
the big concern is the economy is doing too well.yea it’s weird how wall s.t works sometimes
I need to procure a seat to this iBC dinner. 🙁
Goldman has mis-calculated this time and I agree with Dr. Fly. There are millions of new illegal immigrants dealing Mexican Brown in order to buy dividend paying stocks to supplement their income from social security. Very soon the quants will be selling to the quants and we all know what that means. Besides the hashish market south of the border has collapsed. It all ends very well for Dr, Fly. Hari Krishna.
Another crash today ..bad week for high beta, bonds, large cap dividend.pretty much everything but cash
Everyone is afraid the economy is recovering too quickly which means one thing: inflation and a market top. Markets fall when times are good and rally when they are bad.
Support at 1840 looks pretty solid . Then a buy the dip opportunity
Looks like a mediocre jobs reports fits the bill to avert a sell off – so do we rally or just chop lower today?
What’s the correlation if TLT with the market, thought market down, TLT up…
Nice Doc Gooden reference Dr. Fly!