I should create a blog about the dumb shit said on financial channels.

One days ago that still resonates is "The VIX has broken out of it's down trending trading channel, So I think that Volatility will come back." This of course after a 200 pt decline in the Dow.

so what he is saying is that now that the volatility index is high, there will be volatility.

Let me just add that now that oil is trading at 86 dollars per barrel, I think that oil will be sold for 86 dollars per barrel.

Another good one today was.
"it seems like we have a trend now of 5-10% corrections, and then we trade to all time highs, so you can safely dip buy anything."
....
Dude, one time is not a Trend, and with all the "Dip Buy" talk I hear. I think that is over. Further more.... In an uptrending market you can buy the dips, But in Downtrends you want to Sell Strength, It's roughly the same trade but the oposite... But you do have to see the trend.

Hehehehee Cramer just said "Sell Appl" and RIMM, Also with his outright sell sell sell on AMZN. That shoots 3 of the 4 horseman of the Apocalypse....... With him saying "Take profits" repeatedly over the past week..... Guess what market is going to test the lows?
Especially with him being the asshat who started this "Tech RUN" with stuff about how strong the Cap-Ex, cycle in business this year would be.....

Speaking of trends....
When housing Keeps getting worse showing no bottom. How do I know this? When in a downtrend and the numbers get worse, it takes the bad numbers getting better, declining in their decline. so, when that happens, we are in the middle of the decline. So, if we have had declining housing for 1 year, we will then decline for another year, and hit bottom. Now that it's been going on for 1 year, at best housing will bottom in a year.

Another Trend.
6 months ago
"everything was great" Liquidity was fine.
3 months ago
then we have a problem with liquidity. then it was well the economy is strong
1 month ago
The economy is weakening, but the consumer is strong, global strength is fine.
1 week ago
The economy is probably in a recession, but the consumer is slowing, and global strength is fine

Anyone see a pattern....

and BTW no one wants to buy those fucking CLOs. and when they say no one, they mean europe and asia.

And FUCKING cnbc
"dow down 1.5%"
"S&P down 1.5%"
and Nas up 15% for the year.....
WTF kind of Apples to Tomatos are they running.
BTW Nasdaq big loser on the day at the time down 2%...
but do we hear "is the Tech run over?"