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Another 33% serving short.
30 yr mortgage rates falling again.
Right after Uncle Ben jabber I positioned 33% short. Looking to take another 33% on a bounce.
By end of day I will be short. I want to see what Uncle Benny has to say. If the market rally then close of business short position, if weak.... then all in sometime tomorrow.
Sure did.
Headman, I am the new FF around here and don't forget it, LOL :) All silliness aside, I will be ALL IN SHORT end of day Friday. Wish me luck!
Just enough to get us to S&P 1225 area. Then all down hill.
S&P 500 super resistance around 1200 and marks 2 yr high. 1100 had little resistance. Looking at the 61.8% fib it gives 1228. I don't go around calling chicken little. I think Ben B is telling the market what it wants to hear to get through elections. What if the dollar continues down, market down and gold- commodities reach break neck levels. Everyone will know Mr. Market has just called Mr. B bluff and he is not loaded for bear. Tomorrow and the next 2 weeks will tell. Put the 1200 as a feather in the hat.... you will thank me later.
Signs of Gold top is when you see Mr.T the front man.
Intermediate term top of 6 to 12 months.
S&P 1200 was my top for months. We are getting close.
STEM, GERN on fire today.
I say make it a two week trip to cover all bases. ROFLMAO
May I suggest the following dates :)
American College of Addictionology & Compulsive Disorders – Certified Addictionologist Program
Golden Nugget 1/16/2010 1/17/2010
Adult Entertainment Expo 2010
Sands Expo & Convention Center 1/7/2010 1/10/2010
I guess he was trying to be funny. I was truly sad for a moment. My internet connection not good here in Marfa, Texas.
Lee has passed? Today is sad day indeed.
Holy Smoke Batman. This is a wake up call.
Invite to Houston is always open. I promise you will have a Bootscooting time.
PROVIDENCE, R.I. — Federal Reserve Chairman Ben Bernanke says the economy could be helped by another round of asset purchases by the central bank.
Senate Expands IRS Form 1099 Reporting Requirement to Include All Rental Property Owners
More than 10 million Americans are in for a rude awakening in January.
http://www.cnsnews.com/news/article/75911
Around here not long ago posters did not believe the PPT existed. They thought it was truly a FREE MARKET.
No kidding! I always feel better after looking at others around the room. Coming to the conclusion... I am not so "bad off" after all.
Good for you. Same old mess going on with the market. QE2 coming soon and lower interest rates (I am not making this chit up).
The implication on stock prices is comparably obvious: to readers who have been confounded by the impact on stocks when there is $10 billion worth of POMOs in a week, we leave to their imagination what the impact on 4x beta stocks will be once the Fed floods the market with $90 billion worth of weekly liquidity, which is what we calculate to be the peak repurchase activity between the months of January and March, as QE2 ramps up to its full potential.
http://www.zerohedge.com/article/why-qe2-qe-lite-may-mean-fed-will-purchase-almost-3-trillion-treasurys-and-set-stage-monetar
P.s. Nice Photo Zab!!
GS on the move
Country Club "tuff" to join and Dixie cups are mandatory. LOL
ORCL intraday is one of Beauty. ORCL up 10 Billion in market cap today (up 25 Billion naming Hurd), HP board a bonehead.
Oracle nice!!!!!!!
Oracle BABY!!!!!!!
"In fact, go out and sell all your personal belongings, liquidate your 401(k), and buy Apple stock with every last dollar you own".
When I read that I thought of you. hehehehe
Apple the Most Valuable Company in the World? Bet on It.
http://www.fool.com/investing/general/2010/09/12/apple-the-most-valuable-company-in-the-world-bet-o.aspx
Max pain for shorts. S&P 500 top should be 1200.
Just made Drudge Report. The fix is starting to gain traction.
Zab, overseas action this morning.
Irish bonds - big move.
Mr Market will LIKE IT!!!
She has a way with words as she whispers.
perhaps if you opened your mind your sphincter would follow suit. . .
I can see you now... mowing the lawn in Birkenstocks.