Replies to post #632488 on Zeev's Turnips Patch-No Politics (ZEEV)

[fabian]

Love this article headline:

"FTC considering ban on loan modification scams- AP"

Only considering a ban on loan modification SCAMS??

Wonder what the debate is about?
What are the arguments of those opposing a ban on SCAMS.

Probably just a poor use of headlne wording.
Fabian

[fabian]

A note of caution to the bulls...

We looked at the last 250-300 posts which goes back a few days. Not a single fAZ bought, not a single TZA bought, one lonely trade long calls in QID.
As long as quids, tza's, Fazcracks were bought with regularity and with "I double dare you to hit me again" assumed impunity, risk of a selloff was very low.

Now...even hard core aficionado's have stopped adding to their collection, and that is worriesome in a contrarian sort of way.
Especially at a gap fill.
Fabian

[qwave]

LQD is a good one to look at for potential downtrend. Also watch copper. Although the NASTY is up for the week the Semis have not followed. I think that tells alot about where the market might move in the short term. Distribution!!! I bought a bunch of short semis late last week and have a small 5% gain that I hope to turn into a 20% gain in the next couple weeks.