Today Has The Makings Of A Washout
EU bulls are being ravaged by a total lack of progress in Europe. American bulls are realizing (just now) that the government is not going to come under control until the bond market forces a default. VP Wang is pissing all over China bull’s faces with talk of an imminent global slowdown that…miraculously…is not going to spare the world’s biggest exporter.
And now the market is slowly rolling over going into lunch.
The last time things looked like this, ERX dropped 26% in one day. But more, the very next day it dropped another 20% +. If things go the right (wrong) way, anyone caught buying this dip will have their throat lacerated and proceed to be strangulated with their own tongue (a feat for a man with a hole in their neck, I’m sure you can only imagine). Commodities and the market could proceed back to where they were trading just a month ago – abruptly.
If this market rally reverses, quaint phrases like “you’re all so bearish so I’m getting bullish” will be etched on your tomb stone as a reminder to the next generation.
Proceed with caution.
10 Responses to Today Has The Makings Of A Washout
at this rate the dow will be down 500
0 
0
Allocate your assets into the safe haven that is SHORT CRM.
1 0
i’m ready to close my accounts.i dont care who, or what you are in any part of this market, all i see,is nothing but a slow fleece of everyones’ money,via bots.i am truly convinced that all of our hands have been exposed to what we hold, and then these machines just slowly take. i dont give a hoot what ez does,all this BS is just the distraction,and thru this distraction,the american investor is getting fleeced by the fed…… fuck this anymore,this is worse than 08,it’s just become drawn out. i have lost all confidence of a “free” market. good luck
0 0
Probably not totally unwise; enjoy your money while you have it. There are just a million ways to target and hit the individual.
Me, I am married to this.
0 0
Cain, are you married to your sweetheart or are you married to the market ???
0 0
i’ve only been at it for 5 years. something that i kinda looked forward to doing for a long time,but i’m not marrying anything, been there done that,being happily divorced suits me just fine
0 0
is this going to be a december to remember ???
0 0
absolutely,and then some. the pistons are/have been misfiring for sometime. just when does it fully seize up. dont ask me. stuff you’d think would work, dont.
0 0
I am reminded of the scene in Apocalypto where headless bodies were thrown down the temple stairs driven by gravity.
0 0
shit, Fly just cancelled the Thanksgiving dinner …
0 0