If you're short, I'm the sucker going long....: hmmm

Thursday, June 25, 2009

hmmm

I'm going to struggle again Tennis Vs the market....

11 comments:

Tony said...: I feel your pain. You mean your not watching Bernanke's lynching?; June 25, 2009 at 10:29 AM
Eric said...: flipping back and forth...

Witch hunt huh....

You know that this is just this series of Counter Knowledge and Finger Pointing.

and for the most part it's republicans trying to say "It was someting besides our deregulation"..

when they were cheering it on the whole time...

cause they are Narcissist morons...; June 25, 2009 at 10:34 AM
Eric said...: Then we wonder why nobody wants to be in public service....

Cause some fucking Do nothing Congressman is always down your back saying "In Hindsighe, I could have done it better"

When in hindsight... they couldn't get off their asses for 18 months.; June 25, 2009 at 10:38 AM
Eric said...: You missed the thing last night...

I almost napped through it...

the jist was 850 then bounce...; June 25, 2009 at 10:41 AM
Tony said...: Yeah, I got called away at the last minute. I'll have to look for the podcast.

Trying to bottom-tick sds.

Seems "everyone" is looking for a "healthy pb" here, which blows the sentiment up. Don't you think that 850 may be too generous for a pb? especially given the game theory thing, or will it overshoot?

FWIW, Barry (finally) revised his momentum and breadth readings to bearish.

Trend and sentiment are still neutral. Liquidity remains neutral to bullish.; June 25, 2009 at 11:02 AM
Eric said...: be careful...

the market is trying to be very Cruel...

if we can break down here....

in the next .... unknown period of time...

Ya.. well I'd say this is going to be Cruel to barry too...

there is something very Darwinian about all this... it's like it is down to he Hard core Players...

and Barry is on the cusp... and it's being a bitch to everyone.

Options monster is starting to talk technicals.... which is funny.. I'm going to puke when they say wedge.; June 25, 2009 at 11:11 AM
Tony said...: When T.Lo implies 850 then bounce, is the 850 Aversion or just a shorter term bounce?; June 25, 2009 at 11:25 AM
Tony said...: So far the day is looking like yesterday, now testing HOD at 11:30.

I guess diabolically thinking this goes higher to fake out everyone, then falls.; June 25, 2009 at 11:27 AM
Tony said...: Now SPY at yesterday's high, so much for lower high. It's possible we are building a left shoulder and may go to 91.50 if that's the case.

More volume than a fake-out or flag. Now SPY is short term overbought.; June 25, 2009 at 11:31 AM
Eric said...: 850 is dd

Unless we chop for 4 weeks....

then drop to 850; June 25, 2009 at 11:35 AM
Eric said...: may have to start treating Barry like Costanza; June 25, 2009 at 11:38 AM

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