Have no fear, small cretin, for the hallowed hour of the market approaches.
What hour is it that so yields gifts to all of mankind? Why it is that coetaneous lapse of time on all open market days before the buying occurs, of course.
All praise be given to two post meridiem!
That most sacred hour when glorious buy orders appear from nowhere to shower the land with milk and honey! When villains who short stocks are smitten with thoughts of their fellow man and cover themselves in humility.
Watch and see how the market will upsurge on naught! How the many lines on the screen will align and all will be well again. Follow the lines and buy the stocks, then dance on your shitty, polymer desk tops.
Quick, castigate the non-believers and consecrate your portfolios!
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I thought it was the three o’clock ramp, but what the hell two o’clock is got to better than three.
Yu’ train’s runnin’ ‘head of schedule, t’day.
Like clockwork…
right on …
just cover .. I did … this blows
Why? How much higher can crude oil go without ushering in a U.S. recession? How much higher can the euro go; the EFSF announcement didn’t even sustain them over 1.4?
We’re right back where we were in July; except the products I’ve shorted are still lower because they were based on derivatives.
oil will be pushed higher as will rbob,only after msm starts the iran/isreal propaganda nuke stories for the next dozen or so trading days.”never let a good crisis go to waste”.
News flash….
http://www.zerohedge.com/news/chinas-yield-curve-inversion-signals-sharp-slowdown-ahead
UPDATE: While the on-the-run 2y yield did trade above the 10Y yield on 9/26
(2s10s inverted), Bloomberg’s generic 2Y CNY yield index has not updated in
three weeks meaning Mr. Darda’s analysis is based upon faulty information. We do
not ethat since late September’s inversion, however, the curve has begun to
steepen – which fits with the cycle turn analysis he discusses.
read that yesterday. so i beg the Q.if china has built so many uninhabited ,u.s. like suburbs,all over the place,then how the fuck do you have a real estate bubble? bull shit
I’ve been mulling over day trade’s/scalps based on this very phenomenon for some time. That reminds me, I need to look into that.
Cain,
Sorry to be so dense on this, but what are the ETFs that you’d play either long or short on crude oil?
I’m short UCO. Po Pimp regularly pumps buying SCO. Either one is good.
Shorting energy is possible by shorting ERX or going long ERY. Also worth a look if you think the space is about to tank.
Conviction trumps hope
Golf clap