Enjoy the rally while it lasts, for it is getting long in the tooth and small in the cock.
Based upon the laws dictated by the mathematical formulas that created the best investment tool ever offered to the unwashed “retail,” The PPT, we my be nearing the top end of the recent trading range. Just to be clear, we are NOT OVERBOUGHT at the moment. However, I suspect if we have another 100+ up day tomorrow, we will soon enjoy the wrath of God hating on stocks, not too much different than when he spit on dot com stocks, circa 2000.
Into strength, I will take profits and move to the sideline with more cash. The market has done nothing in months. It’s acting like a giant fucking pendulum, chopping heads off in the process. If you can make it out of this market, by the time Wall Street 2 launches in September, at break even or with gains, I will salute you with a respectful middle finger for a job well done.
NOTE: Scotty Bleier hosted Yahoo’s tech ticker today and did a fantastic job. I would like to know from some of the incompetent producers at CNBC or Fox why Scott does not have his own show or segment? Seriously, the guy is built for this shit and would get great ratings if given the opportunity.
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“…it fkn prints money.” http://www.youtube.com/watch?v=FL7yD-0pqZg
the market will go from 86′ Dykstra to 09′ Dykstra on a dime
exactly
Thank you Mushroomz, I haven’t laughed all day until now
what’s up with the cock ring avatar? just askin’.
Hear hear.
That should coincide perfectly with AA earnings announcement and always they will disapoint!
ALL HAIL THE PPT!!
Quick check… has AA ever not disappointed?
I can’t remember a time…
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July 09, was the first catalyst to that big ramp, followed by intc and gci a couple days later.
Other than that 100% dissapointments
Yeah, coincident w. the PPT reaching it’s 3.0+ area (probably tomorrow), I think we see a rebound in the flagging fagging dollar.
That should last for a couple of days, but not much more. This rally is only starting, and you can thank Signorellie Danky Dollar for the upcoming ride.
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noticed the same thing Jake, UUP looks good for another point of downside.
Now you’re guessing.
“Edumacated” guessing.
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Jake, I’m confused here…you saying the stock market and the dollar continue to rally into October? And the Fly is saying this rally dies soon?
No, my thesis reads that the dollar will continue to break down after working off this oversold condition (note the chart on my latest post). That will be the fuel for a continued “up” market (which will really be a “flat” market in real terms).
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So 100 plus points is really all you think this market has left in it? What about CLF? Bail out after about 100 plus points?
I totally AGREE about Scott B….I think he needs a better Agent for sure. Heck, he should pitch a new show to Fox Biz….Call it something like Cutting Edge….theme is that us Bloggers know more then anyone else out there regarding the market…..set it up like G4’s X Play with the energy for the Set…..Have that actor that played the Fly or actually have Fly in real or animation form doing his Pizza/coffee throwing thing. It could really be wild no bars held back. Of course he needs a Nymph or two around….Video blogs…..slap downs of Pros ……bloggers rule….I would totally watch.
ScottB is the truth!
He’s way too competent for FOX. Scott tells it like it is, and the masses just don’t want to hear it.
Nymph — you could only be featured on the show if you promised to wear the swan outfit.
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OMG…A Black Swan Outfit would be perfect.
Anyone else think that Scott B. bears a resemblance to Rick Hoffman in the 2005 horror flick Hostel?
I am looking forward to your respectful middle finger, Monsieur Le Fly! With an emphasis on “respectful” of course.
This rally will last just a tad longer than the average “champagne lifestyle” tabbed blogger on iBC
Treu dat.
Man, I hated the concept but loved the commentary — I’ve never had so much fun on a damn blog. HT to Fly for bringing him in and canning his ass when we tired of playing with him.
CNBC wants purdy wimmen, or jackass jokers. Scott doesn’t qualify for either.