Ok NYC why is this market acting like a drugged whore? Put those fifteen years to work and give me an analysis of this sideways bullshit we are experiencing.
My DD is there, the market is shit with more shit projected through 02. All of the sudden a couple good earning reports come out and 1 to 3 dollar jumps across the board. FOR NO REASON other than......??????
Is this a Bull trap or are the bears being ‘drugged’ back into hibernation? The number of positive earnings out barely exceeds the number of negative earnings reports. CPI CPU well they say the market should be going lower IMO..The put to call ratio still is in the favor of puts why is this market not tanking properly? LIKE IT SHOULD BE.
I listen to several different opinions on CNBC, MSNBC etc and the general sentiment is that we still have plenty of downside. However that is always followed by a” but the Bulls could run at any moment”…What kind of lame position is that…It’s not, any ***** anal cyst can take that stance. So far the only person who has accurately predicted this quick upshot in the mkt was an RB poster by the name of Zen something or other, while trying to help me play the MCD options. Its almost like one should throw out the book and just ride the waves of idiot investors that like to balloon PE and pps way out of the stratosphere. This ‘I don’t want to miss the run up’ mentality can only be good for the power players on the side holding all the cash?.?.?.?.
