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Everyone caught short


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Posted

I posted this weekend that I thought a bounce was coming to SPX 1340ish,could be there in another day or 2. unsure.gif

 

I think that too although I'd really like to see some kind of scare first. Maybe JPM related or so.

Posted

I mentioned last week that there was this weird music in the background to the Facebook bell-ringing on crapvision.

 

Like they were trying to imply some sort of ethereal New Dawn was upon us, and that said-IPO cured all investor ills and would even cure chronic halitosis.

 

Found it - go listen:

http://video.cnbc.com/gallery/?video=3000091146

Posted

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Posted

I mentioned last week that there was this weird music in the background to the Facebook bell-ringing on crapvision.

 

Like they were trying to imply some sort of ethereal New Dawn was upon us, and that said-IPO cured all investor ills and would even cure chronic halitosis.

 

Found it - go listen:

http://video.cnbc.com/gallery/?video=3000091146

 

Sure, it's the dawn of a new age...

 

post-1110-133763084816_thumb.jpg

 

Facebook zombies...

Posted

Heh Doc:

(Reuters) - China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury's first-ever direct relationship with a foreign government, according to documents viewed by Reuters.

 

The relationship means the People's Bank of China buys U.S. debt using a different method than any other central bank in the world.

 

The other central banks, including the Bank of Japan, which has a large appetite for Treasuries, place orders for U.S. debt with major Wall Street banks designated by the government as primary dealers. Those dealers then bid on their behalf at Treasury auctions.

PRC = "'Primary' Primary Dealer"?

Posted

Nothing like a little market stability message sent out by our World Fraud Squad (minus the afro's) and by market stability they meant pump and jam the very paper crap that has us in this financial prison.....Had an idea to wait and short tomorrow but the dam thing hit my freaking targets of 2530 and 2539.50, maybe should have pulled them seeing the violent market stabilizers work at hand.

What a freaking joke NasCrack is now only 8% from decade highs and up over 30% from 52 week lows.

Posted

Not sure when the board will be upgraded. Don't panic if it goes down. Won't take long.

Posted

That's because I haven't added all my commercial garbage to help pay a few bills.

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