Horrific trading action, accentuated by steep declines in tech, led by AAPL. I hated today more than any other day because it was sneaky. The gains in the Dow only masked the true carnage.
PREPARE FOR LOWER PRICES.
Regrettably, I did not lighten up this morning and now find myself melancholy from being 110% long into a shit filled tape. I need to start selling right away. If we are on the other side of the mountain, there will be an enormous price to pay for being so heavily long.
I will deal with this HORSESHIT tomorrow. Until then, watch Asian and European markets for a tell. I will only be wrong if Asian markets ignore today’s tech debacle and charge higher.
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even the TLT sold off the highs today.
Euro trash raising cash?
Prepared: Into the close I am short AAPL (greed), short GOOG (more greed), short GS (earnings play), and long TLT (obvious)…one of us will be in pain tomorrow morning.
On the other hand, I’ll take an opening gap down, sell out, and you can have your rally for the rest of the week.
RIMM
rosen get out of that dopey tlt long….rather short stocks outright if you are bearish
Nikkei was down large in Japan’s Monday trading action. $RUT did ok so maybe tomorrow won’t be so bad. $RUT has lagged the NASDAQ badly thus far in 2012. So with me being long $RUT and not yet having scaled into long vol and short $RUT positions as of yet, I’m positioned properly for one last, decent $RUT rally and vol pullback.
Put Call ratio closed at a 6 month high.
i saw that this morning……..bears smell blood
That’s a BUY signal.
I’m 70% long and pissed at this tape. Is it because taxes are due? Was it a sick joke some asshole played to sell off GOOG and AAPL? Who knows, but I know this was some frustrating bull shit. Time to enjoy the nice weather and not think of Santellian[sic] rants.
Nothing to do but fix it and move on.
What?!? The worlds largest company can’t grow at 50% year over year and maintain 30%+ margins???
I thought this time was different.
lol, it’s a bigger,better,and more improved,”it’s different this time”. as seen on teeevvveee by create capital.com hahahahahahaha, he was fucking right!!!!!!!!!!!!!!!
I’m not drummerboy. I swear.
AAPL sauce is made from greedy longs.
Very tough day in Honolulu but….caught the last 30 minutes of trading.
Fuck Oil $ERY 11.15 …9.33.
I’ve also started to load the ship with EXK.The news today was great and got rewarded with a kick in the nuts.1/3 Position $8.75.
Family and friends are much more important then these fucking markets.Appreciate them today cuz no guarantees on tomorrow.
good thought, ht
idiot dont short oil
had a great day. except for the losses.
the eurotard frankenstein is alive! mindlessly stomping thru a minefield. we need more coke.
bought some appl
aapl
appl
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