iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

I’M CALLING THE MARKET BOTTOM

Have a good weekend.

OA

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37 comments

  1. Cascadian

    (_._)

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  2. Dr. Fly

    But we never went down, tho

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  3. BadDuck

    This morning’s dip was a generational low.

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  4. ncsutrader

    The 100 point correction this week washed out all of the weak hands. Clear sailing to DOW 20,000!!!

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  5. Rastgen

    I’M NOT SURE I CAN HANDLE GAINS THAT EXTREME.

    Have a great weekend OA and all!

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  6. Quality Control Inferno
    Quality Control Inferno

    So you’re telling me this could be epic turning point? I totally agree. The day the RUT breaks out is going to be very interesting, what with so many talking heads calling for a top. Then we’ll see what the term “melt up” really means.

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  7. halloweenpleb

    Hey Jeff,
    is the bottom broken?

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  8. Quality Control Inferno
    Quality Control Inferno

    Cnbc ratings 21 year low. Further fueling your argument of a lack of retail participation. http://www.zerohedge.com/news/2014-09-05/cnbc-viewership-plunges-21-year-lows

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    • Option Addict

      DUDE. THIS IS SO PERFECT. GENERATIONAL CLEANSE.

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      • Quality Control Inferno
        Quality Control Inferno

        Is CNBC broken? I think so, but I’m going to go ahead and call the bottom in CNBC viewership. Can’t get much worse. Either an epic melt up or a correction should get some eyeballs to tune back in.

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    • Cascadian

      ZeroHedge is so whaaak! It’s all conspiratorial in their view. I haven’t read on of their rants in a while. No mention of competition from Fox business and Bloomberg. Are their ratings down too? Or are they pulling viewers by recruiting CNBCs talent?

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  9. moneybagz

    I CNQR

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  10. BlueStar

    I love the collegial banter. QE ends in 39 trading days. Last time that happened the market corrected 16% and 20%. Gentleman you should hope we get a sell off. It would extend the bull longer.

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  11. Quality Control Inferno
    Quality Control Inferno

    Bluestar something to consider for sure. Guess what no one is considering: QE NOT ending in 39 days.

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  12. jules

    Anyone who appreciates money will stay long the stock market. That is all.

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  13. Dr. Fly

    A DAY OF DARK RECKONING WILL WREAK HAVOC ACROSS ALL OF YOUR BOWS.

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  14. Quality Control Inferno
    Quality Control Inferno

    Something interesting I just noticed on IB. VJET only has 3,895 shares available to short on IB at a staggering 21.5% fee rate. I’d call that a hard borrow.

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    • UncleBuccs

      Quality – just caught your comment for PPT seasonality on LULU. It’s an impressive stat. Even if a person wasn’t in, it’s going to be really entertaining to see this play out. Good luck to you w/ your calls…and maybe shares!

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  15. matt_bear

    XNET will be a $20 stock. A chinese burritto is going to pay for my ferrari.

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  16. civilmetimbers

    Hi OA,

    Any thoughts about QIHU, NRG, and TZA?
    Have a good weekend.

    Thanks,
    This Guy

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  17. BlueStar

    I love LULU

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  18. malice95

    The market knows qe is ending.. fed is buying a 1/10th compared to what was a year ago. keeping interest rates low is the key.. qe ending is priced in. 39 days is going to come and result in a rally fueled by top callers and the blood of bears shorting this event.

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    • BlueStar

      Maybe you are right. Where are the bears? You do realize we have the lowest amount of bears since 1987 clocking in at 13.3%. That was right before the crash. Bullish sentiment is off the freaking charts. Top callers are mostly full of shit. Talk is cheap. What matters is positioning. No one is bearish. If some one says they are bearish and they are not short it means nothing.

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  19. Swinging for the Fences
    Swinging for the Fences

    The bottom is in for PCLN – 1182 – what a move at the close.

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  20. matt_bear

    Jules you getting day time wasted this weekend?

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  21. jimmy_two_times

    I still see to many advisors sitting on a pile of cash waiting fir the crash

    we go higher

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