An irreverent look at Wall Street
wow...it's breaking down on the S&P. nothing is holding again.
Dollar has been getting strong which is repricing equities. Also the euro is getting pissed on lol. I think we'll see something happen from the EU central bank over the weekend.
It's just noise!!I let my hedges go in the latest downdraft
wow...noise it was?or was it all short covering b/c if the gov't in Europe does something all the shorts would be hosed?
All noise!!!let ur rip!!!!!15 out of 17 Mondays have been up!
Where are your bear friends today Palmoni? Hibernating?
i saw it retrace fib to the 78% for SP 1045ish...i was waiting to see but it just shot up...if it broke that does it really mean a freefall to the 900s?
I'll have a post for them!
Confessions from a bear.Disagree with ya on the problems in Europe being overdone. These risks are real and will have implications the whole world over. Also, you have argued against those who say we are in a depression by asking them where are the food lines and other images of the depression. They didn't have food stamps in the 1930s. Today, we have 35 million on food stamps. There is our food lines. Also, we didn't have unemployment insurance until 1935so we would probably see men on trains today as in the picture you posted earlier. We are in an economic depression. That being said, keep up the good work with your stock market calls. Just because we are in a depression doesn't mean that you can't make money. Fantastic job this past year! You have certainly done your best to help people make money. Bravo!
Health care is dead by Obamas own words.... Rally time :P
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