Wow, the market just about erased yesterday’s losses, within 15 minutes of trading, thanks to nothing.
Come on people, retail sales were up 1%— only because of the government’s “stimulus” checks were spent by shopaholic fucktards, who enjoy to poleax their checking accounts. Why else would they name it “stimulus checks”?
Take the numbers with a large grain of salt.
What’s interesting to note is moderate strength in energy stocks, despite crude being busted out, down more than $3 here. Also, gold is getting a fortune cookie to the head, due to “King Dollar” rallying.
With the ridiculous [[LEH]] news hitting the tape, I would expect the bagholders, who signed up for stock at $28, to back out of the deal. Or, it will be reworked.
I have every intention of fading this rally with stupendous sales. However, I will be sure to check my emotions at the door, while trading. There is a remote possibility the market can sprint another 200 points from here.
With that in mind, I will look to add to my short positions into strength. I like short [[CHL]], above $70 and long [[FXP]] @ $78 or lower.
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I was one day early on FXP. So sue me.
It’s a short covering rally…Look at all the shitty companies…up huge;
I think its a great opportunity to re-short shitty firms…however you never know what tomorrow CPI’s # may be.
After all, gasoline prices could be down after seasonally adjusted just like last time.
Fly, you re-shorting DSL?
FXP and SKF down so “The Fly” will buy them at the days low? My chair from Staples is labeled “real leather”.
not buying skf here.
Actually, we’re considering making that stimulus check a monthly thing. You know, to support our free market capitalist system. That’s the kind of “bold forward thinking” that will keep America prosperous!
The rally was built on the futures overnight, which were built on the banks of Japan and Switzerland buying the dollar to load up the overnight futures. The news in reality land is shit. Unemployment up nicely. Prices of imported good , up nicely. Stimulus check going to pay for high groceries, nicely. This is the most manufactured bullshit rally yet. All to ceove the death of LEH, which should have the market down 300
the Calvino sell dollar and buy chf.
Fade the wally…fade the wally…fade the wally.
Bot 1000 DRYS @ 71.9
CPI will have to be at least .5% tomorrow. AT LEAST.
Fuck you haters ..
Alias: BPOE
Watch the VIX and the market from 11:00 to 1:00 to see what the program buys are. Don’t overthink this market let the market show you the next move. By the time you figure the uninformation out the moves will be done FUCKERS!!!!
RIMM is dead. Sayanorra, bitch.
AAPL, eat shit, and die.
Short me, make my day. Loosers.
This is my kinda rally!
Ugly Plastic Shoes = Costanza.
Anymore dissenters? We need you to buy the shit we’re selling.
Alpha, you a plastic shoe saleswoman?
I checked in with my voodoo chart person; they say CROX is giving the thumbs up buy signal as slow stochastics cross. Git in while the gittin be good, haters.
Its just a trade, you don’t have to be caught dead in these shoes, just where them around your house while noone’s looking. You know you want to.
FDX is a short up 2.
SLD 1000 DRYS 72.8
My wife’s sister showed up at our house for dinner one time wearing pink CROX. She’s a retard and full time airhead (with big tits). Kinda puts things in perspective, though.
wow…what the hell is going on with DSL?
Must…short…
Check out TMCV. The recommendation came from a MM who said their balance sheet is clean and strong, and that the takedown of the stock is due to guilt by association. Thoughts?
Any pics of the wife or her sister? I love tits.
Stimulus check going to pay for high groceries, nicely.
__________
Lol. Only here (and sometimes “Protein Wisdom,” check it out) can I come to find such amusements.