I_Am_Madness Posted April 5, 2012 Report Share Posted April 5, 2012 With Crapple leading me thinks we kiss the 1410 and then get the full wrath of a swift 10% overall correction soooooooooo overrrrrrrrrdueeeeee I think the journey down have already begun. AAPL & PCLN holding up the QQQ, the current trajectory of their rise cannot be sustain. I'm going to wait until after the jobs report tomorrow to add to my shorts. I still go some dry powder on my end. Trade safe everyone. April/May might be a wild ride. Link to comment Share on other sites More sharing options...
jp6 Posted April 5, 2012 Report Share Posted April 5, 2012 GOLDMAN SACHS: The 20 Worst Stocks In The World click here Goldman Sachs's Portfolio Strategy Research group is out with its latest US Monthly Chartbook. Among other things, the report includes a list of stocks who offer the most downside relative to target prices established by Goldman Sachs' equity anal cysts. Basically, these are stocks you want to avoid like the plague. Or for the more adventurous types, you'll want to short these names. OMG Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 5, 2012 Report Share Posted April 5, 2012 GDX no life. Gold might get that smash next week into the 1500s. Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 5, 2012 Report Share Posted April 5, 2012 Meanwhile, you could buy Greece on e-Bay. Current high bid is $1550. Very humorous article. At least, I thought it was funny. Using the logic of CONgres, the US should buy it and collect the $100 E-Bay Bucks. No matter how much money the US could throw (away) at it, just keep reminding people that we all made (cleared) $100 E-Bay Bucks (insert DR. Evil laugh) and nothing else matters...... Link to comment Share on other sites More sharing options...
specie Posted April 5, 2012 Report Share Posted April 5, 2012 stated as matter of factly as possible the dow30, spx500 and willshire5000 all will print weekly reversal candles tonight the nasdaq100 might just fyi bears, don't kill me bro...... Link to comment Share on other sites More sharing options...
rdkyote Posted April 5, 2012 Report Share Posted April 5, 2012 CMG is the poster child for a 100% algo-driven ramp fest. I wouldnt be placing any stop loss orders if i owned that thing. Ripe for a flash crash imo. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 5, 2012 Report Share Posted April 5, 2012 CMG is the poster child for a 100% algo-driven ramp fest. I wouldnt be placing any stop loss orders if i owned that thing. Ripe for a flash crash imo. Looks like all the cash is going into a few momo. AAPL, PCLN & CMG What % of the QQQ are made up with these 3 stocks. 50%? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 5, 2012 Report Share Posted April 5, 2012 Looks like all the cash is going into a few momo. AAPL, PCLN & CMG What % of the QQQ are made up with these 3 stocks. 50%? Looks like i'm way off. It's closer to 20%. Link to comment Share on other sites More sharing options...
DrStool Posted April 5, 2012 Report Share Posted April 5, 2012 Non farm payrolls will be up by 186K tomorrow. That's slightly below consensus of 201k. But it will only matter to the fucutures, which will trade until 45 minutes after the announcement. Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 5, 2012 Report Share Posted April 5, 2012 Looks like i'm way off. It's closer to 20%. This is the info from Yahoo About a month old (AAPL is up more since then) 3 stock are ~ 1/3 the index Link to comment Share on other sites More sharing options...
dogsie Posted April 5, 2012 Report Share Posted April 5, 2012 This is the info from Yahoo About a month old (AAPL is up more since then) 3 stock are ~ 1/3 the index Here it is up to date. AAPL 19.4% Link Link to comment Share on other sites More sharing options...
bundys_dodge Posted April 5, 2012 Report Share Posted April 5, 2012 Doc - looks like your second most favorite Fed employee will be gone soon (via ZeroHedge)- Reuters- N.Y. Fed markets group chief Brian Sack to resignBy Richard Leong NEW YORK | Thu Apr 5, 2012 2:04pm EDT Sack, 41, has been the head of the New York Federal Reserve's markets group since June 2009. His tenure includes the implementation of the central bank's unconventional measures to stabilize the banking system and pull the U.S. economy out the worst recession since the Great Depression. "Mr. Sack will remain in his current position as head of the Markets Group and Manager of the System Open Market Account(SOMA) until June 29, 2012, to help ensure a smooth transition," the regional Fed bank said in a statement. N.Y. Fed markets group chief Brian Sack to resign Link to comment Share on other sites More sharing options...
K Wave Rider Posted April 5, 2012 Report Share Posted April 5, 2012 NQ up against the back kiss resistance wall... Still need some sign of crapple faltering to kick things off most likely... Link to comment Share on other sites More sharing options...
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