Europe is holding onto gains and we are giving it all back. This is exactly what I didn’t want to happen. This sort of price action often leads to market routs. Truly, the US markets are the worst in the world right now, next to the dog lovers in Hong Kong and China. The pessimism is overwhelming.
AAPL is your tell and the fate of the market, at least in the near term, is tethered to the price action of today’s tape. It’s bad enough that we were unable to rally yesterday, despite green in Europe. To not participate in the rally is equal to saying WE are the problem and not Europe. It makes you think for a second.
WAIT A MINUTE! CSCO missed– and earnings have been murderholes for a wide array of momentum plays.
Maybe we are the problem?
Hmmm.
Let me be emphatic: WE MUST RALLY BY NO LESS THAN 150 points today.
http://www.youtube.com/watch?v=wFtBIRAdb-o&feature=relmfu
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Huggiebear?
What was once a pretty nice morning has turned to what can only be described as “shite”
Think I may trim some exposure before this turns into a full rout.
>He thinks people care about his exposure.
Regardless of Huggie’s value, he is a contributor and I enjoy his posts.
Cheers to you caffeinated. We need more like you around here.
I am too stunned by my reversal of fortune this morning to give you the thrashing you properly deserve.
Look, sometimes you’re wrong. Sometimes you’re right. You wouldn’t be stunned if you weren’t trading too large. Lighten up.
BTFD is no more, it is now STFR: SELL THE FUCKING RIP!
cannibals consider people in wheelchairs to be meals on wheels, watchin to mkt melt?
I like that. Can I borrow it?
Cisco is garbage. Nothing pisses me off more than a has been tech company reporting horseshit earnings and bringing everyone else down with them.
Cisco is dying, they should no longer be a gauge for appetite.
Cisco too much exposure to Europe. Avoid such companies except to short them.
Europe is happy because they are coming around to telling Greece to get fucked.
Europe can’t afford to having the sheep-dipping Greco’s leave:
http://www.bloomberg.com/news/2012-05-09/greeks-may-hold-510-billion-trump-card-in-renegotiation.html
Let’s get her done. What do you think of FCX and MOS, Monsieur? I see your WNR is getting enlarged too [no homo].
A potential good day is now flat. Ugh.
its great watching u blog even though i’m sure u pissed by all the use in capital letters and believe u’ll get that rally even if just for 2 days gl =]
TRIP seems to be behaving very healthy. I wish I had much more in it. Great stock of the year pick Fly. Maybe you will win this year with it.
Spain +3.5% and we are doing a bag of dicks.
The day is young
I like your sentiment, but something in the name makes me feel you may have a bias.
Na, just because I think that short sellers and gravedancers are the lowest form of evolution, doesn’t make me bias. 🙂
yeee, of little faith .. the robots are speaking, do you not hear them? they demand investor coin, they care not whose