I was up 2 of the last 3 days. Today, my largest position, WNR, is down 1%. My second and third positions, all disclosed inside PPT, are up.
So tell me, am I supposed to panic?
Quit watching every tick.
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When stocks are down, panic $study.
In the same week the market loses its grip on 12,000 and the Yankees lose their grip on first place.
The question is, will either gain it back this year?
I say yes for the market, and no for the Yankees.
You are flat out wrong about the Yankees. In fact, that may be the dumbest June forecast ever made.
Well then you’re really not going to like my Yankee prediction I made after last season…that the Yanks will only make the playoffs 3 of the next 10 years.
And I’m a life long Yankee fan but I know when it’s over.
Their slump won’t end until Hank takes over for Hal, and does his best imitation of his father during the 80s. Starts firing everyone and yelling at the players and the media until he finally turns it around.
Don’t underestimate the impact of the aging of the Core Four.
Crack spread is over $28.
Yeah. Too wide, and it is going to COLLAPSE.
false claim. They’ve been over $25 for months and have not collapsed.
reagrdless of stock price they still printing paper at WNR…2Q gonna kill it!!!
jesus..my typing blows….regardless
like your Mother wanted for you, there is always the Management Training program at Macy’s.
It’s never a good idea to panic but it’s pretty clear we’re now in a bear market. Holding long uup, short iwm, and long gold.
There is not one metric that suggests we are in a bear market.
I don’t know what you mean by “metric.”
What I do know is that liquidity is being drained from the system with the end of the QE program and that the market will trend lower as a result.
When I see some legitimate fundamentals that make sense for this market to go higher in an environment where liquidity is being removed I’ll cover.
IYR breaking down … XLE next .. get yer puts while the gettings good
AIG moving.
finally…some sanity……..turn it off…go have a friday cocktail and chill………….my Silvergloved (AG) hand is squezzing the shit out of my weiner (WNR)!! fuck it..Im leaving early and getting after it!!!!!!
squeezing
oh , the humanity,,,,,,
Reminds me of the Bond line, “No Mr. Bull, I expect you to die”.
If we matched political events with PPT scores, we would have an even higher winning percentage.
The market will close up 0.2% today, shaking out the tards.
Ask yourself, what drove this market higher the last 3 years?
What is no more?
Charlie don’t surf man. Charlie don’t surf.
Can I ask a question out loud? Is TBT a good bet here? The Fed ends the buying program and the bond market is essentially on it’s own. The Congress and Obozo are headed for a serious fight .
But more importantly the one huge marginal buyer is leaving the market.
Meanwhile stocks are going down with one reason being the Fed is about done. QE and bonds have been rallying.
Do you buy TDT?
It’s too late for panic.