End of quarter- they will prop, and all media propaganda will be about Fri jobs being "POSITIVE... TURN-AROUND IN ECONOMY."..watch for their buildup CMBC pimp'nwhore show tomorrow, the jobs contains 125K Census hiring, S&P GAAP p/e is 23, at historical fair value (p/e 15) S&P would be 892. (30% OVERVALUED NOW)
watch out BW72 , the banksters rule ! the FAS did zoom zoom zoom AGAIN it busted 100 this week. 104 is at the door. good luck Once XLF hits 40 FAS should be around 500 or 600. wow this market is on fire.
@scanlonized Seems like a big top to me. Anything is possible but the last 2 candle sticks thursday and today look real bearish. Total reversal pattern. Turn it around and you get March 9 2009. Good Luck
Damn! That's going to leave a mark! FAZ down 6% in 1 day. Sorry to tell you Big Wet but FAZ is going to zero. What a piece of shit. Get out now before you lose everything!
Seriously, this isn't even funny anymore, FAZ is a lie, it's a fucking joke. Just admit that you are wrong, take the loss, and move on. It's been more then a year now, we're in a RAGGING bull market!
Stocks are blasting higher, now is not the time to be a bear. Get out, get out now!!!
from jessescrossroadscafe today (see chart there):
The SP is reaching a high note here. It is an attempt, in my judgement, to pump up financial assets, led by price manipulation and not any economic fundamentals or legitimate price discovery. It might go higher, but higher from here it looks like bubble territory, if we are not there already.
We're closing in on the bank LIES on their bal sheets. Go to market-ticker.o*G today 3-19, read it. He's one of the best investigative blogs. Bernanke, Geithner, closing in on them folks.
Grayson demands AIG emails, go to georgewashington2.blogspot, he's one of best also-- don't stand for this intervention, deceipt, manipulation, gutting the middleclass for these elites, take it to the streets if we need to.
this just in: "Court Rules Fed Must Disclose Bank Bailout Records." Load up on FAS. Banks get bailed out and no one will go to jail and we all get rich! All the way to the supreme court and to the moon!!! XLF going to $40 next.
I think the market will really begin to run to a DJIA to 12,500 by Sept. base on fake employment numbers and the goverment spending money is doesn't have...road construction, census & seasonal workers, ect.
CEOs will all be talking peaches and cream on the next round of earnings....the CEOs will be talking recovery & blue sky's ahead with a tailwind.
The big financial scam is and will be swept under the rug.
China is the only wild card, but they will lie about any problems they have.
Hey Big Wet, Hope your hanging in there man. I'm still hanging in, but not sleeping to well. I'm down about 70% now, and more money then I've ever been down before. Not going to take the loss however, just keep waiting for this most fraudulent manipulation in U.S.stock market history to end, and whenever it does I'll be there to collect every cent of my money back plus some. Nothing else can describe this stock market and government now except shameful!!
big wet, 140 banks gone under last year, 30 so far this year. the crash is happening and FAZ is down 98%. its a scam. make your dimes during the day, but stay in the game.
RALLY FRAUD EXPOSED, little by little, Lehman fraud and PRIMARY DEALER CREDIT FACILITY = free money to buy stocks. read about it on zerohedge. The greatest fraud in US financial history continued.
wet your going to ride faz till its a penny stock. stock being a hero and sell it. #1 rule never buy a stock against a trend #2 your opinion doesn't mean nothing in this business
I hear what you're saying about the banks, the debt, US States all upside down, local govnt & school districts not even able to meet 1/2 there expenses, the economy -- I totally agree with you, but in the end it doesn't matter. The market is rigged and there's no sense it fighting it. If this whole thing hasn't collaped by now, I don't see what will make the bottom drop out of it now. The sad thing is everyone thinks I'm a moron for thinking there's a problem with the economy right now.....
the common equity is MINUS 7 BILLION. the common shareholder currently owns nothing nada zip. they dont tell you that when they put a price target of $20. the retail investor wants to think they buy for $13 and sell at $20 ... its that easy. they dont care they are buying a piece of paper worth NEGATIVE FOUR BUCKS right now.
look at your daily SPX... clear 3 waves up completing at 1145 at best. the RUT hit 666 today so whent that happend i bought some SRS calls and BAC puts. look at daily closing prices. 50 points first leg. back to 1095+50 = 1145. then roll over into OPEX. everyone will be looking for the double top to take profits. the rush to the exits on the reversal may be quick as we dont quite get there. this is a short term traders market. long term money is leaving as you can see by volume.
you are right on about Hawaii. no wonder CPF was down while most financials went up nicely today. picked up some FAZ yesterday and sold all but two long positions today.
I was expecting a dump today. I'm still almost all in cash, I dont trust this jobless rally.
Still holding my TSN short, I'm in the red but waiting for a double top before throwing in the towel.
You are correct about Obama being from the hood and having a socialist mentally. I used to live in Chicago and I can attest the socialism is out of control, the city is broke yet sales tax is 10% (highest in the nation). We call it Shitcago.
good news BW I bought FAZ, XLF broke 16 good luck your moment to shine is here.
scanlonized 1 year ago
End of quarter- they will prop, and all media propaganda will be about Fri jobs being "POSITIVE... TURN-AROUND IN ECONOMY."..watch for their buildup CMBC pimp'nwhore show tomorrow, the jobs contains 125K Census hiring, S&P GAAP p/e is 23, at historical fair value (p/e 15) S&P would be 892. (30% OVERVALUED NOW)
irenderit 1 year ago
watch out BW72 , the banksters rule ! the FAS did zoom zoom zoom AGAIN it busted 100 this week. 104 is at the door. good luck Once XLF hits 40 FAS should be around 500 or 600. wow this market is on fire.
scanlonized 1 year ago
@scanlonized Seems like a big top to me. Anything is possible but the last 2 candle sticks thursday and today look real bearish. Total reversal pattern. Turn it around and you get March 9 2009. Good Luck
Bigwet72 1 year ago
SPY just lost its embedded stochastic, its under 80.
Down we go!
webozzy21 1 year ago
Damn! That's going to leave a mark! FAZ down 6% in 1 day. Sorry to tell you Big Wet but FAZ is going to zero. What a piece of shit. Get out now before you lose everything!
Seriously, this isn't even funny anymore, FAZ is a lie, it's a fucking joke. Just admit that you are wrong, take the loss, and move on. It's been more then a year now, we're in a RAGGING bull market!
Stocks are blasting higher, now is not the time to be a bear. Get out, get out now!!!
elwalvador 1 year ago
Stick a fork in it...it's over.
Don't take a stand by holding FAZ...live to fight another day...they won this one.
CEO's are raising estimates left and right.
You're playing in a rigged Casino, cash -in what chips you have left and walk out.
Gazerbeam72 1 year ago
Come on guys Bigwets been retired for a while now. We're on our way to Dow 15,000
jmmacalalag 1 year ago
SPY stochastic has been embedded (over 80) for a very long time.
You need to go back to April 2007 to find a that.
How much longer can it last...
webozzy21 1 year ago
from jessescrossroadscafe today (see chart there):
The SP is reaching a high note here. It is an attempt, in my judgement, to pump up financial assets, led by price manipulation and not any economic fundamentals or legitimate price discovery. It might go higher, but higher from here it looks like bubble territory, if we are not there already.
irenderit 1 year ago
Hey Big Wet, Just wanted to let you know I'm still here hanging tough. Just a little longer my friend, and we'll be paid! Hang in there!!
uckfayu 1 year ago
We're closing in on the bank LIES on their bal sheets. Go to market-ticker.o*G today 3-19, read it. He's one of the best investigative blogs. Bernanke, Geithner, closing in on them folks.
irenderit 2 years ago
Grayson demands AIG emails, go to georgewashington2.blogspot, he's one of best also-- don't stand for this intervention, deceipt, manipulation, gutting the middleclass for these elites, take it to the streets if we need to.
irenderit 2 years ago
this just in: "Court Rules Fed Must Disclose Bank Bailout Records." Load up on FAS. Banks get bailed out and no one will go to jail and we all get rich! All the way to the supreme court and to the moon!!! XLF going to $40 next.
scanlonized 2 years ago
I think the market will really begin to run to a DJIA to 12,500 by Sept. base on fake employment numbers and the goverment spending money is doesn't have...road construction, census & seasonal workers, ect.
CEOs will all be talking peaches and cream on the next round of earnings....the CEOs will be talking recovery & blue sky's ahead with a tailwind.
The big financial scam is and will be swept under the rug.
China is the only wild card, but they will lie about any problems they have.
Gazerbeam72 2 years ago
Hey Big Wet, Hope your hanging in there man. I'm still hanging in, but not sleeping to well. I'm down about 70% now, and more money then I've ever been down before. Not going to take the loss however, just keep waiting for this most fraudulent manipulation in U.S.stock market history to end, and whenever it does I'll be there to collect every cent of my money back plus some. Nothing else can describe this stock market and government now except shameful!!
uckfayu 2 years ago
big wet, 140 banks gone under last year, 30 so far this year. the crash is happening and FAZ is down 98%. its a scam. make your dimes during the day, but stay in the game.
SGDeGalvez 2 years ago 2
Come on man, they won the battle. There's no use fighting them they've won hands down.
jmmacalalag 2 years ago
RALLY FRAUD EXPOSED, little by little, Lehman fraud and PRIMARY DEALER CREDIT FACILITY = free money to buy stocks. read about it on zerohedge. The greatest fraud in US financial history continued.
PDCF=PPT
irenderit 2 years ago
SPY stochastics are still embedded, so still technically bullish.
When stochastics dip below 80 you'll have your correction.
Still holding my TSN short, I'm down 4%.
Good luck.
webozzy21 2 years ago
Looks like FAZ headed to $8 and FAS to $104. wow Up day after day. Long and strong!
scanlonized 2 years ago
wet your going to ride faz till its a penny stock. stock being a hero and sell it. #1 rule never buy a stock against a trend #2 your opinion doesn't mean nothing in this business
techwealth 2 years ago
Comment removed
Pumpersniff 2 years ago
I hear what you're saying about the banks, the debt, US States all upside down, local govnt & school districts not even able to meet 1/2 there expenses, the economy -- I totally agree with you, but in the end it doesn't matter. The market is rigged and there's no sense it fighting it. If this whole thing hasn't collaped by now, I don't see what will make the bottom drop out of it now. The sad thing is everyone thinks I'm a moron for thinking there's a problem with the economy right now.....
Gazerbeam72 2 years ago
To the MOON !!! BUY BUY BUY
scanlonized 2 years ago
Good Job as always big wet! I love the little kids guitar in the background next to the big guitar. A family that plays together stays together.
Pumpersniff 2 years ago 6
I fully agree and I'm glad I found your videos. I'm all in FAZ and selling call options. Loaded with GS puts also.
TraderTim100 2 years ago
rock on big wet !
keep em comin .
cheers.
cosmicguerilla1 2 years ago
word
tickhound 2 years ago
TOOK JULY 13 PUTS in FORD
the common equity is MINUS 7 BILLION. the common shareholder currently owns nothing nada zip. they dont tell you that when they put a price target of $20. the retail investor wants to think they buy for $13 and sell at $20 ... its that easy. they dont care they are buying a piece of paper worth NEGATIVE FOUR BUCKS right now.
maximumvalues 2 years ago
look at your daily SPX... clear 3 waves up completing at 1145 at best. the RUT hit 666 today so whent that happend i bought some SRS calls and BAC puts. look at daily closing prices. 50 points first leg. back to 1095+50 = 1145. then roll over into OPEX. everyone will be looking for the double top to take profits. the rush to the exits on the reversal may be quick as we dont quite get there. this is a short term traders market. long term money is leaving as you can see by volume.
maximumvalues 2 years ago
you are right on about Hawaii. no wonder CPF was down while most financials went up nicely today. picked up some FAZ yesterday and sold all but two long positions today.
ll0llll0ll 2 years ago
you have a good head
post more clips
ur great
last night too!!!
shalom
from israel.
zermati1 2 years ago
I like your passion.
I was expecting a dump today. I'm still almost all in cash, I dont trust this jobless rally.
Still holding my TSN short, I'm in the red but waiting for a double top before throwing in the towel.
You are correct about Obama being from the hood and having a socialist mentally. I used to live in Chicago and I can attest the socialism is out of control, the city is broke yet sales tax is 10% (highest in the nation). We call it Shitcago.
Good luck.
webozzy21 2 years ago
Comment removed
bullreporter 2 years ago