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Are You Buying the Phony 2 Day Double Bottom


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Posted
Well, are ya, huh? Are ya?

595253[/snapback]

 

Nhaaa, I don't think so.

 

AB-BP-21497.jpg

 

It's gonna be interesting tomorrow morning in Europe. They didn't just pull the rug, they pulled the all floor right under the buyers feet.

Posted

This is similar to 1987 in so many ways.... dollar tanking... banks negative all year as market rallied.... don't wanna jinx it so I'll say no more...

Posted
Well, are ya, huh? Are ya?

595253[/snapback]

 

I don't know, and I don't care. With options, you just can't have the kind of patience that you do. So yeah, I sold 'em and I'm glad I did.

 

My pea brain is smaller than Lee Wheeler's peapod; hence, I reserve judgment.

Posted
This is similar to 1987 in so many ways....  dollar tanking... banks negative all year as market rallied....    don't wanna jinx it so I'll say no more...

595281[/snapback]

please tell us about the good ole days

Posted

In the midst of this liquidity rout what asset is making new all time life time break away closing highs?

 

You guessed it...

 

OIL

 

Go figger

 

Never mind. Go drink some global growth Kool Aid:

 

http://www.bloomberg.com/apps/news?pid=206...uqDI&refer=home

 

"Carrefour forecasts sales growth in the country will accelerate to 22 percent annually in coming years from 19 percent last year. Carrefour's sales in China will rise to 4 billion euros ($5.5 billion) by 2010, according to JPMorgan estimates."

 

"``China is clearly Carrefour's principal growth engine,'' said Nicolas Champ, an anal cyst at Oddo & Cie in Paris who has an ``add'' recommendation on the stock. The stock will rise 15 percent to 59 euros a share in the next year, estimates John Kershaw, an anal cyst at Merrill Lynch & Co."

Posted

You obviously haven't heard that rising oil prices is bullish.

 

DUH! :blink:

 

What are you, like European or something? :P

 

In the midst of this liquidity rout what asset is making new all time life time break away closing highs?

 

You guessed it...

 

OIL

 

Go figger

 

Never mind. Go drink some global growth Kool Aid:

 

Posted

Nice head fake by Mr. Market....just enough of a move to get the bears out of their shorts and the bulls long again......

 

post-1110-1185913947_thumb.jpg

Posted
I have a confession to make. My name's Skidmark and I was disturbating my PM stocks into today's short-lived rally. :ph34r:

 

Still holding NXG on hopes of a permit announcement.

595274[/snapback]

 

My name is Yaryman, and I sold my one PM stock this AM.

Posted
You obviously haven't heard that rising oil prices is bullish.

 

DUH!  :blink:

 

What are you, like European or something?  :P

 

In the midst of this liquidity rout what asset is making new all time life time break away closing highs?

 

You guessed it...

 

OIL

 

Go figger

 

Never mind. Go drink some global growth Kool Aid:

 

595287[/snapback]

 

Yeah I know that rising oil prices is sure proof that global growth is still chugging away and that Subprime is contained and the US (global?) housing bubble doesn't matter.

 

:D

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