Quote:
Originally Posted by Vanity
I'm still waiting to pick up some dirt cheap stocks in the near 6-12 month period when I expect the market to crash, and harder than 08 at that.
I wonder if we can squeeze out some bull rallies tomorrow though with bernanke. Republicans sent a letter to the Fed telling them not to do anything lol.... I really doubt bernanke cares... IMO.
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Better if they sent the letter to Santa Claus.
About the first thing, check this
About yesterday: insurmountable resistance from 1220 on the SP500, the session was boring (since there is little movement from the beginning pulled) but i saw things interesting.
each time it aproaches they crack long positions by discharging, overall volume was very low, but are getting important packages for sale as it approaches the 1218 while demand was shy. An analysis of the open interests in options and futures makes a strong downtrend, there was little volume ratio and long positions put: call was 1.84, with contracts even 3:1 in near-the-money
Scholastic and statistics say that today goes up. But my view of the market (of course without precision) is that strong hands discharge and made their moves. Be carefull outhere
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There was me, that is Alex, and my three droogs, that is Pete, Georgie, and Dim, and we sat in the Korova Milkbar trying to make up our rassoodocks what to do with the evening. The Korova milkbar sold milk-plus, milk plus vellocet or synthemesc or drencrom, which is what we were drinking. This would sharpen you up and make you ready for a bit of the old ultra-violence.