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Re: gixxer11 post# 3655

Friday, 06/15/2012 1:11:43 PM

Friday, June 15, 2012 1:11:43 PM

Post# of 39190
The more money the Fed and ECB print, the more tight the coil becomes. The market is so artificial now thanks to Ben BerYankMe that the only hope for traders is for world powers to hit the printing presses. Retail investors have caught on and are out of the game, which is why there is no volume. The fund managers are continuously catching pennies tossed by Ben with their quant machines and that's all that's going on.

When the music stops, the big flush will come and this turd of an artificial market will be cleansed. I suspect that day will make the flash crash look like a small hiccup. I have my TVIX GTC order out there and it is somewhere north of 100% of today's price. I'm confident it will hit in the next 6 months.

Catalyst may be EU, Iran, fiscal cliff or the fund managers may just decide to come back to Earth.

I am not hoping for the demise of the US, but I am cheering the demise of the current artificial market and the hope for a return to sanity after the cleansing occurs.