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Tuesday, January 04, 2011

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Wave Rust

how much is margined etf's, i wonder?

those $40 gaps for gold and 15-30 ndx gaps have to be killing off a few poor slobs.

if you really look closely at the flash crash, it wasn't the declines before may 6th that got it started, it was the no bounce just before it started. nasty.

gld and q's trading would be a slaughter fest in half the time of the flash crash. 10 minutes would do it.

etf traders might be sitting on top of a crisco coated flag pole.

who wins with any fast correction?

the guy whose computer bids $.01 for some hapless stock about 5 minutes into the mini crash.

the SEC gets another chance to investigate evil markets.

blame it on bush.


wave rust

Shooter McGavin

That chart ends around SPX 1180, so it has actually _rallied_ over 7% since.

Sherman "Double Long"McCoy

As the old market cliche goes, "Stock markets climb a wall of worry". The misguided notion that margin loans predict anything is cute, and so 80s. What's really happening is that all those insiders who sold and all those individuals who panicked out at the lows are suffering from sellers remorse, and buying back in.

Do you ever look at bank stocks? Rumours of their demise are greatly exaggerated. As it becomes obvious that the banking sector is benefitting massively from 0% funding, stocks will get their next leg up.

The bear case is totally lame. I mean, when's the last time a bear made money? Last decade!

Account Deleted

ES Chart
http://niftychartsandpatterns.blogspot.com/2011/01/s-500-futures-before-opening-bell_05.html

?

McCoy,

"What's really happening is that all those insiders who sold and all those individuals who panicked out at the lows are suffering from sellers remorse, and buying back in."


That is not true. If insiders were buying stocks that they previously sold they would have to file with the SEC. They have not. Thus, your statement is factually incorrect.

Mamma Boom Boom

>if you really look closely at the flash crash, it wasn't the declines before may 6th that got it started, it was the no bounce just before it started.<

Fact is, the flash crash was the culmination of a trend that just kept getting weaker and weaker. I had been on a sell signal for months, prior to it, if you remember correctly. One by one the legs were being pulled out from under the market until it hit an air pocket. Simple as that!

Neo-Mamma

jjjj

Neo-Mamma

Do u have an opinion for market deraction???

thanks

Mamma Boom Boom

jjjj, you betcha! It's well documented, just go back a few days, you'll find it.

jjjj

I am too old for this....thanks for nothing

Mamma Boom Boom

Sorry jjjj, didn't know you were old. Here's one statement I recently made:

This coming market correction will start on purely technical conditions. But, will evolve into the realization that we are only in the beginning stages of the largest financial collapse in the history of the world. Larger than the Tulip Bubble, larger than The Great Depression, and at least as large as The South Sea Bubble, of which the aftermath lasted 40 years.

The reason is because of the immense amount of fraud at the highest levels of government and with well connected business men. Never have these conditions existed in developed economies, only banana republics. And making the situation worse is the puzzling apathy of the citizenry.

The bottom line is: the bottom of this hole is a long way down. You heard it here, first.

Neo-Mamma

Posted by: Mamma Boom Boom | Tuesday, January 04, 2011 at 07:17 AM

jjjj

Thanks a lot.... but when???

Mamma Boom Boom

jjjj, soon. That is an intermediate forecast. For example: after the flash crash, right at 1040 at the end of May, I put out a buy signal. Just about everyone was looking for the market to tumble a lot further. A look at a chart will tell you I was a little early. But it was a heck of a call. About 2 weeks ago I switched to the sell, and it is proving to be a little early. It's not a short term indicator, I have others for that, and they are still in limbo caused by low volume over the holidays. But, soon the short term picture will clear up and we'll be 100% in gear.

Hope that helps.

Neo-Mamma

jjjj

Thank you very much

Sobranie

Mamma, the bond bubble is what you are referring to?

Mamma Boom Boom

Sobranie, if you mean debt bubble, then yes that's a major portion of it.

Jacques DeMolay

The Statue of 3 Lies reveals the truth.

Fibonacci levels CFDs

Great explanation of the trend of the graph. I have to say that you have a brilliant idea shared and mostly many can attest to what you have shared. Thanks a lot for sharing your thoughts about it. There are always a good reason to read and browse this post. I have to admit that I have learned a lot from it. Keep up the good work.

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