You can all thank me in your own time for invoking this rally. Through the powerful magic of sell offs, the stocks gods demanded sacrifice. Around 2 pm, embracing cowardice and desperate to cover my backside, I shorted oil again.
My blood spilling across the market’s altar, it was given the nourishment to rip free from its chains and kill any and all bears that stood in its path.
I will try my hardest to enjoy this rally nonetheless, as I still have breathing room to benefit from it. It is a little embarrassing though, standing here in front of you with my palm slashed open, dripping blood on my finest rug.
In all seriousness, this market is very frustrating to trade. Perhaps now we get a rally, and I say something catchy like, “see you at the top” but the only honest thing I think any of us can truly say is, “we’ll meet at the bottom.”
Until then, then.
If you enjoy the content at iBankCoin, please follow us on Twitter
Active market participants will not escape unscathed. It gets tiring listening to the paper traders say otherwise.
Lucky enough for me I happened to be preoccupied, but could hardly believe my eyes at this rally. That was one hell of a short squeeze…
This market is scary.
No kidding; that move was entirely contained in the final half hour.
Volatility is the intention of a central banker who wants to move middle class wealth to developing countries. He traps you in US dollars (cash), and then he pulls the rug out from under the dollar.
I picked up a little more AWK today and bought Yahoo, as I believe everything I read and think they might really be sincere about selling out this time. Thanks for taking one for the team, buddy. If you want to do same again tomorrow, I’d be mighty beholdin’!
big trouble in little china… nice
Love AWK. They’re acting like a growth utility with all the deals they set up this.