Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Monday, August 10, 2009
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17 comments:
SPY and XLF have both dropped below VWAP Dollar and bonds at session highs.
Still see this as a breather, no real weakness on big caps. Selected names very weak: GENZ, for example, is below major support.
I have a lot of faith, that on the 3rd down bar you will buy into the short position, and we will bounce.
Then you respond... FUCK you Asshole....
course Terranova has my playbook.. that fucker
Ye of all that faith! Actually I went a fair amt short on Friday, and added some shorts today (with a couple breakout long plays). I'm just not real keen on holding these shorts if they don't die soon. GENZ, SEE, EAT so far responding. Thinking about going short some reflation names: RS? looks weak below 34.
I may still respond "FUCK you Asshole", though... depends on my mood (that's how I roll).
Your boy Terranova is shorting oil!
Whoever Terranova works for took a 2x4 to that Knucklehead, and taught him some stuff.
They had to, he was losing them business.
Regardless... we want to see some kind of 2 or 3 bar bounce after the pull back that Fails....
THAT IS THE Real Turn!
Looking at FXP as TLo pointed out the potential Trader vic 2B top thing on China. (Okay to delete this comment if you think it's inappropriate, but she did put the chart on the nonpay part.)
yes!! and after the Up bar in the US, the minor sell off on shanghai is nothing compared to what they will do if we can get a nice 75pt down day.
overnight they will lose 3% minimum
The only reason I'm being sensitive is that Cheese dick that steals my charts ... He stole one over the weekend, and Just reprinted my lines, as opposed to showing the wedge I posted last night.
he just reprints all the analysis that he Aggregates off of about 15 blogs.
Hmmm... what's his URL? maybe I'll just get his RSS feed and then I can take you off.
lol.
Seriously, maybe we can scam him somehow....
the real support/resistanc/Trap point is 99.50.
I'll tell you cause I don't think he reads my comments, and I'll show a chart after 9pm your time.
lol... Just a Chinese narcissist... they are an entitled bunch of fuckers...
as opposed to my Irish Kin that is used to getting buttfucked... But we aren't as good at getting Millage out of the guilt of getting skewed like the Jews.
And the fucking Italians.....
don't get me started....
lol. Lunchtime, have to go make some pasta and drown it in garlic and olive oil. Mangia!
Whassa Madda for U?
everybody is a Punter these days...
They will mark up a position then mark it down. Just Assume it.
Also... "They assume that last 30 minute buy up"... but as we have seen in volume that "Smart money" buying is drying up.
Even Upside is doubting the short position...
I already posted that, you punk!
Lots of tinder out there, one spark and this thing could go down like the Hindenburg*. Fear and greed, and so far the greed is holding on. Upside has one foot on the brake and will reverse on a dime... note his FAS/FAZ trades today. Jumpy jumpy jumpy.
(How 'bout that for mixing several metaphors?)
*Oh, the humanity!!!!!
see that punter weeklyta ... he is making that shit up..
that is what it looks like when you paper trade bullshit...
Looks like he's using ibankcoin's charts too. Wad.
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