A very common characteristic of a weak market is low breadth during market rallies. When markets rise 200, you want to see 85 or 90% market breadth, not 70%.
Today’s 70% market participation tells me this market wants lower. We are in a low volume, end of year, garbage time for stocks, so don’t take your gains too seriously. What you should be doing is heading for the fucking hills, licking your wounds, preparing to hone your strategies for 2016.
There will be lots of pain to come over the next 12 trading months. You’d be wise to heed these warnings and quit your idiot approach to investing.
Time to batten down the hatches, lads.
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You think you will add any shorts in 2016? I don’t believe you had any shorts in 2015 correct?
Us vagrant bears were loading up this afternoon. Listen to the sage advice of the Fly
Exodus says somebody wants and is getting out over these last few days. 200 pt rally and it feels like a 40.
Is there usually good breadth during holiday season trading when lots of people are gone?Seems like next week should be a more typical week.
I just kept buying puts. All. Damn. Day. Clearest window dressing rally you’ll ever see IMO.
the end is nigh
-consensus
Arrrrggggg Matey!