OHMAH GAWD $#^#%# MARKET
RE
Tags:
(King Kong, 1,676
Points)
on 8/4/11 at 12:15pm
I am out. Market has decided to go on a skydiving trip this month. Unemployment numbers arent even out yet.....






I knew everything was gonna
I knew everything was gonna go to hell when they passed the debt ceiling. I pulled out a few days ago (last Friday) because I sawa looming downgrade. I was also watching the S&P 1,260 for a break in the neckline of the head and shoulders pattern. So happy I got out- I would have lost almost $30k today. (Needless to say it's not all my money)
Reality hits you hard, bro...
Whats the guess for tomorrow?
Whats the guess for tomorrow? I am looking to make a good entry point, but feel there's too much downside risk still.
agree the fuck is going on
agree the fuck is going on atm were we that over bought ?!?! what news brought dow down 250 ish ?!?!!?
txjustin wrote: Whats the
Whats the guess for tomorrow? I am looking to make a good entry point, but feel there's too much downside risk still.
Stay liquid and wait 2 or 3 weeks
Its time to buy, agree with
Its time to buy, agree with txjustin.
DJIA Short S%P 500 Short Euro
DJIA Short
S%P 500 Short
Euro Stoxx 50 Short
DAX Short
EUR/USD Short
Brent Short
WTI Short
Silver Short
SELL ALL, thats the motto at Wall Street
Cant wait for Q3 Reports of the BBs...
And of course QE3 !
blastoise wrote: agree the
agree the fuck is going on atm were we that over bought ?!?! what news brought dow down 250 ish ?!?!!?
No news is bad news. That's sort of the mantra right now.
It's not even that. Peope are
It's not even that. Peope are looking at the debt deal, they are looking at the stagnant job market, they are looking at Europe, and the BOJ intervened BIG TIME on the yen so the dollar strengthened vs. the yen. All fundamenta factors= down.
On top of that there are mad bad technical signs with the economy. We are not overbought. We are 100% oversold. Look at this chart, you can easily see that both the RSI and Willliams%R are in oversold territory (for the Dow). Double Dip anyone? The problems also lie in Head and Shoulders pattern that has been emergent in the S&P fore weeks now. If you follow ZeroHedge, you can see that last week (or the wek before) they were kinda cheerleading t- since they love bad news it seems. The neckline was at 1,260 on the S&P. The Nasdaq and Dow also broke through key technical levels two days ago and yesterday's inability to capitalize on the gains further accelerated the downward pressure. The patterns, fundis and especially the lackluster debt deal with possibility of an S&P downgrade all put huge pressure on the market. Some people are saying we're gonna see S&P 1,120...I doubt it. The S&P is showing support at the -27.2% retracement line, but I dont know how long that's gonna last. But until I see some sort of sense or mitigation in the down side, I'm gonna stay out.
For some humor...Triple Dip anyone?
Reality hits you hard, bro...
(No subject)
Italy prosecutors seize
Italy prosecutors seize Moody's, S&P documents
http://www.reuters.com/article/2011/08/04/us-italy...
^^^ lol "Fool me
^^^ lol
"Fool me once....Shame...shame on you....Fool me twice...Won't get fooled again..hehehe"
I love GWB quotes. Mainly because I love the man on a personal (not political) level.
Reality hits you hard, bro...
Edmundo Braverman
Thanks, great vid
HAHAHAHA! Which one of you
HAHAHAHA!
Which one of you pikers is long DNDN?
C'mon, fess up.
HedgeTed wrote: DJIA
DJIA Short
S%P 500 Short
Euro Stoxx 50 Short
DAX Short
EUR/USD Short
Brent Short
WTI Short
Silver Short
Just do it !
Edmundo Braverman
HAHAHAHA!
Which one of you pikers is long DNDN?
C'mon, fess up.
I might know a fund that had a sizeable position in Dendrion until this morning.
Had a chance to get out even
NorthEastIdiot wrote: I might
Edmundo Braverman
Reality hits you hard, bro...
Weird price estimates of the
zeropower
Reality hits you hard, bro...
NorthEastIdiot wrote: I might
hahah
how about YOKU? it's dropping
holy shit
I'm gonna call -400 today
Reality hits you hard, bro...
Down 408 as we speak. Do I
do you guys think DNDN is a
Edmundo Braverman
accountingbyday wrote: This
oldmansacks wrote: do you
Edmundo Braverman
oldmansacks wrote: do you
I just like the
zeropower wrote: oldmansacks
Reality hits you hard, bro...
It's a reimbursement issue
This is madness.
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
No, this is
Edmundo Braverman wrote: Down
I'll look into DNDN after
Reality hits you hard, bro...
Gotta think the mkt is
Edmundo Braverman wrote: Down
I remember DOW 36000
ampelmannchen wrote: Gotta
MMBinNC wrote: I'll look into
-500. Seriously, what the
BOOM. -512.76 at the
ampelmannchen wrote: Edmundo
I want a lady on the street, but a freak in the bed,
Go Bucks!!
I am sitting on cash now.
Need to Land a Job? Click Here.
Edmundo Braverman
Eddie- You predicting another