Okay now that I have a good decent cash position I for one am praying for a rally and judging by the action in the spoos we may get one
Just in case the bulls out there need some reasons to rally the NYSE and NAZ casino I will provide updated list for them:
1. Oboma unveils plan BIG BANG (no you sick bastards)
2. Chinese Stimulus Package (proof Asians have smaller packages)
3. My main Nigga G20 gonna hook everybody up
4. Bottom is in!!!!!!!! (Me providing smackdown to T brown...see comments by seabassbanker)
so I am making a list and checking it twice...and a note to bulls don't shoot your wad in one or two days like the last couple of weeks...let this go for a week or more so that the vix can get down to reasonable levels and put skew get back to parity...gracias
EDIT: 8.15 am PT
DAMN you bullz...I wanted a good rally to sell into and all you give me is a weak gap and crap...geeesh...where is bill miller and tom brown when you need them...someone call abby joseph cohen STAT
4 comments:
Yeah Ok, I'll plan on some kind of rally. All this reckless stimulation will eventually cause a wreck IMHO. I'll just try to trade this chit.
Yeah I am not looking to get long and agree with you on the stimulation/intervention aspect
But hey why not encourage the bullz a bit...
Chinese Stimuli Rally, was weak and quick. Maybe "Market" is thinking smarter than I give it credit for.
Looks like a little PPT action going into the close, again.
heheheheh yeah maybe market is getting smarter i suppose...or the perma bulls just getting more broke
yeah the close was really really volatile and I was watching SPY...not much volume and the size on bid or ask was very small with market jumping all over the place
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