But before I say that--does anybody notice the ingeniousness of the bankers who trumpet their hires, after they already have fired the people the new hires will replace? But instead of paying double the salary, they get someone else that is hungry, to do it at half the cost, and then they get a tax credit to boot for helping with the economy!!
Now 1252, is in the crosshairs of th ebulls--the pre-Lehman number, which like anything else oin this market, is just another target this is goiong to get stampeded through.
And you bears? Who weren't rigorous with your work? Who touted doom? Who thought that the market gods would allow them to cover their shorts, and in size? Who instead, believed their own siren song of bullsh*T?
I'm sorry my friends, but now the market is going to be as cruel to you, as the market was to the bears. The recovery back from 666 to 1211, was a slow grind, but the move from 666 to 840 was fast. What happens if we get that again?
Or wait--doesn't that, then, get us to 1440? The target trumpeted by only one person on wall Street; and the target trumpeted here on this blog?
It's going to happen, and its going to rip the heart out of the bears.
Who never had one with the bulls.
Payback's a b*tch!
Tuesday, October 20, 2009
So Caterpillar is now at $61.
What happened to the bears?
And why wasn't Wall Street buying this name?
Apple was advertised on this blog at 80. How about Caterpillar? It was advertised here at 33 just a quarter ago. Ebay at 12 and tech stocks on March 16.
Why wasn't Wall Street involved in these names? How is it now, that they see something?
Because they just saw this?
How is it that after a 66% move in the NASDAQ names, does Wall Street now see something in this 666 bull market?
My next target on the S&P is 1440 by June. Look for it. But it would be nice if the bulls rest a bit first!
Because this bull isn't even pissed yet!
Wait until it looks like this!
Whoops--Did you see that image before? Oh that's right. Back on March 11!