We know China is weak. We don’t need no stinkin’ data to tell us that. The market is a forward looking indicator, not backwards. The question for today is: will China take the necessary steps to give their economy a jolt? Is there any room for improvement?
If so, then like Carl ‘give me three seats on your board’ Icahn, buy FCX.
The news out of Twitter is good. They need to cut the chaff, because clearly the wheat is being lost.
For me, I need this China scare business to dissipate and I need a fucking rally, right now. I extended myself last week, going all in on a varietal of names. I had some success last week and would like to build upon it. But the nature of this market is an evil one. It hems and haws, teases both longs and shorts; but fucks all parties in the end.
We fucking rally now or sink into oblivion. That’s my position and I’m not going to waiver.
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I think SPY can rally to about 205 then dies again. Regardless, choosing to play it safe and sold all my UPRO this morning into weakness which is always fun. Meh, name of the game is to protect and serve until year end. Protect gains or get served. Or something.
we trade north, now!
Tell me which way Gartman is leaning and I’ll tell you whether we rally now or die hard
you no look you buy!
Jerry loved his China White
Eggzachary! Rootin for the fly short term ….c’mon china, one last hurrah!
Fly, Who is the maniac that does your web development and broke scrolling? It’s treasonous.
Yes, this ^^^
…the scrolling on this site is frickin broke