The jobs numbers are so manipulated too. My little brother has a job right now, part of Obama's stimulus package. "Summer Youth Employment Program". All they do is clean up graffiti and pick up litter.
But they will definitely count this stimulus job, which shouldn't exist, as a newly created job. A new Obama stimulus job.
Also, I read somewhere dat right now more than 30% of all trading is done by computers running "Algorithmic trading systems". I wonder how TA is effected by this?
Pretty sad, now my portfolio is down 40%. I'm staying patient, but this manipulated market is making me pretty sick. It should be at Dow 6k but instead its at nearly 9k. Here's hoping for a quick and heavy fall this week!
rifin needs to stay below 650. This is torture. Never margin and patence is your friend. BBBY looking good for a short near 35. I almost pulled the trigger today. Is this the pump and dump of the century. Like I said the real money is made on the short side. Your account to there's wether its money or shares. Good Luck
Right on Q @ $SPX 945, the Masters of the Universe Goldman calls for 1050, rally... boom!, JPM analist calls for $75 in S&P earnings in 2010, of course no reference to OPERATING or GAAP. The PPT continues to burn shorts using public airwaves for manipulating markets, with Obama facilitation/acquiencence.
------ CORRECT BEFORE MOVING HIGHER --- ive heard this alot and for that reason im thinking we saw the correction. SPX WEEKLY 680 to 945 = 265 945 to 880 = 65 point correction which is just under 25% ... good enough? im so bearish but im thinking we head higher and bailed on most shorts at 877 and purchased some long positions last week. now im setting some low ball put bids. 975, 1010 are two spots of interest.
Sure, the metals. And no doubt UNG has all the makings of heavy manipulation to keep it low... red flags abound. But just the fact that so many don't want it, makes me want it.
I hear you. However, I don't believe this is a short term trade for goldman. This is more of an end game trade. A dollar doom kind of trade. 1st you rack up dollar denominated profits, then you convert them to tangible assets. Then you hold while the sheep frenzy to jump on board and all those bubbles inflate. Natural Gas, for instance, is at its all time lows. Demand for UNG shares is outpacing supply yet the SEC refuses to create more. Somethings fishy. This is a trade we haven't missed.
and while I'm on the subject of UNG. Facts... Obama admin. makes it no secret it wants to bury coal, natural gas main competitor. Clean, safe energy. We have tons of it. Every week supply is increasing and we keep drillin. It didn't run up with oil in the rally. We are building new pipelines all over the country. Buses now run on the stuff. The dollar falls, commodities run but not UNG. Private investment into drillers is soaring. I figure goldman would be buying at its all time lows. so am I
Futures are up pretty good right now could run a little more tomorrow, but I think CATs earnings on Tuesday before the open will send the market back down.
Christmas holiday sales will be a disaster....how could it be anything different? Can retail afford another dismal holiday season? That will really flush the market lower.
IYR looks bearish to me and I've held my SRS. I know you're out and I understand why. I know you have FAZ exposure anyway and these move relatively in tandem, at least somewhat. Goldman has been using its profits to go long (1 billion worth of long) into natural resources and green infrastructure. This is bearish to me and leads me to believe Goldman is prepping for what we all know is coming. I dumped some of my FAZ around 54, but if we stay below this 8800 - 9000 level I'll be adding. Thx
The jobs numbers are so manipulated too. My little brother has a job right now, part of Obama's stimulus package. "Summer Youth Employment Program". All they do is clean up graffiti and pick up litter.
But they will definitely count this stimulus job, which shouldn't exist, as a newly created job. A new Obama stimulus job.
Also, I read somewhere dat right now more than 30% of all trading is done by computers running "Algorithmic trading systems". I wonder how TA is effected by this?
elwalvador 2 years ago
Pretty sad, now my portfolio is down 40%. I'm staying patient, but this manipulated market is making me pretty sick. It should be at Dow 6k but instead its at nearly 9k. Here's hoping for a quick and heavy fall this week!
uckfayu 2 years ago
rifin needs to stay below 650. This is torture. Never margin and patence is your friend. BBBY looking good for a short near 35. I almost pulled the trigger today. Is this the pump and dump of the century. Like I said the real money is made on the short side. Your account to there's wether its money or shares. Good Luck
Bigwet72 2 years ago
Right on Q @ $SPX 945, the Masters of the Universe Goldman calls for 1050, rally... boom!, JPM analist calls for $75 in S&P earnings in 2010, of course no reference to OPERATING or GAAP. The PPT continues to burn shorts using public airwaves for manipulating markets, with Obama facilitation/acquiencence.
irenderit 2 years ago
------ CORRECT BEFORE MOVING HIGHER --- ive heard this alot and for that reason im thinking we saw the correction. SPX WEEKLY 680 to 945 = 265 945 to 880 = 65 point correction which is just under 25% ... good enough? im so bearish but im thinking we head higher and bailed on most shorts at 877 and purchased some long positions last week. now im setting some low ball put bids. 975, 1010 are two spots of interest.
maximumvalues 2 years ago
Sure, the metals. And no doubt UNG has all the makings of heavy manipulation to keep it low... red flags abound. But just the fact that so many don't want it, makes me want it.
tickhound 2 years ago
I hear you. However, I don't believe this is a short term trade for goldman. This is more of an end game trade. A dollar doom kind of trade. 1st you rack up dollar denominated profits, then you convert them to tangible assets. Then you hold while the sheep frenzy to jump on board and all those bubbles inflate. Natural Gas, for instance, is at its all time lows. Demand for UNG shares is outpacing supply yet the SEC refuses to create more. Somethings fishy. This is a trade we haven't missed.
tickhound 2 years ago
and while I'm on the subject of UNG. Facts... Obama admin. makes it no secret it wants to bury coal, natural gas main competitor. Clean, safe energy. We have tons of it. Every week supply is increasing and we keep drillin. It didn't run up with oil in the rally. We are building new pipelines all over the country. Buses now run on the stuff. The dollar falls, commodities run but not UNG. Private investment into drillers is soaring. I figure goldman would be buying at its all time lows. so am I
tickhound 2 years ago
Futures are up pretty good right now could run a little more tomorrow, but I think CATs earnings on Tuesday before the open will send the market back down.
Christmas holiday sales will be a disaster....how could it be anything different? Can retail afford another dismal holiday season? That will really flush the market lower.
Gazerbeam72 2 years ago
Dow should hit 8000, where we should be. So lets see 5 straight down days!
uckfayu 2 years ago
I'm with you buddy, we've got to go down this week, and the D
uckfayu 2 years ago
IYR looks bearish to me and I've held my SRS. I know you're out and I understand why. I know you have FAZ exposure anyway and these move relatively in tandem, at least somewhat. Goldman has been using its profits to go long (1 billion worth of long) into natural resources and green infrastructure. This is bearish to me and leads me to believe Goldman is prepping for what we all know is coming. I dumped some of my FAZ around 54, but if we stay below this 8800 - 9000 level I'll be adding. Thx
tickhound 2 years ago