well, guess that's it for today. the rebound is weak so bears still have hopes. thank you guys I'll see you tomorrow.
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Mr. BachNut wrote:Per my ARMs sell warning setup, I should close short on an up close. Unless things start to move, today is basically unchanged. Based on very limited precedents, there is the possibility of range trade or mild megaphone action over the next day or two with unchanged. So, I'll probably carry overnight with a tight stop or close it in the aftermarket for modest profit. They say never short a dull market. Well, today was pretty dull.
The close was weak. I'll hold the short overnight and tighten the stop. Could go either way or both tomorrow.
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Dr Al. When are you going to follow me on my No visitor blog, there's cool stuff there once in awhile [/quote]
If I can give u your TWO girlfriends in one, then u can post ALL yr stuff RIGHT HERE, where it counts http://www.youtube.com/watch?NR=1&featu ... Kwqo4h2UQ0[/quote]
I never leave here, unless I ask to.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Madoff was the 2008 fall guy when people, IMO, like The Lloyd and Jamie Dimon should be in the adjourning cells in the same prison.
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I don't think the markets will be tradeable in 5 years, if not shorter, due to taxes, regulations, and lack of participants. In researching a novel I came across the above link. It all keeps coming back to a complete lack of moral standards just as planned. So the crime will continue. Yes, there has always been crime. But nanosecond crime is the greatest we have seen with a compliant SEC that is instructed to do nothing to the key players as oligarchs are protected. If anyone hasn't read "The Quiet Coup" by former IMF president Simon Johnson I urge you to read the 10 pages available at The Atlantic online. A manipulated higher stock market does not an economy make. But it can lay the groundwork for an economic collapse that cannot be contained. When? I wish I knew, and I wish he were wrong. History speaks that he will not be.
Bravo! Even though the prediction is a bit too scary.
Madoff was the 2008 fall guy when people, IMO, like The Lloyd and Jamie Dimon should be in the adjourning cells in the same prison.
...
I don't think the markets will be tradeable in 5 years, if not shorter, due to taxes, regulations, and lack of participants. In researching a novel I came across the above link. It all keeps coming back to a complete lack of moral standards just as planned. So the crime will continue. Yes, there has always been crime. But nanosecond crime is the greatest we have seen with a compliant SEC that is instructed to do nothing to the key players as oligarchs are protected. If anyone hasn't read "The Quiet Coup" by former IMF president Simon Johnson I urge you to read the 10 pages available at The Atlantic online. A manipulated higher stock market does not an economy make. But it can lay the groundwork for an economic collapse that cannot be contained. When? I wish I knew, and I wish he were wrong. History speaks that he will not be.
Bravo! Even though the prediction is a bit too scary.
I hate the prediction. But did you think one man could wreck the world in 3 years and people would say it's all because he's cleaning up Bush's mess...STILL?
When law enforcement guys I know say they don't like what they are seeing, I tend to worry.