The tell was that even a Goldman pump and dump play where they are covering their shorts after making a short S&P call couldn't lift this market at all. This after yesterday's QE3 bullish call from Goldman. You can't get any scummier than that.
A very weak market, and I fully expect us to go down to 1290 on this move, which will likely get bought for another oversold bounce. Expecting 1290 by next week.
skip to main |
skip to sidebar
Twitter Feed
Blog Archive
-
▼
2012
(174)
-
▼
06
(29)
- Investor Positioning
- Only Looking Short
- Crude Oil Canary
- A Grind
- Range Bound
- Nothing Day
- It's a Bear
- Big Picture View
- Rerisking
- Getting In
- Triage
- Squeeze Ahead of the Event
- Coordinated Central Bank Action
- No Shorting
- Micro Trading
- Schizophrenic
- On to the Next Rumor
- Smart Money is Selling
- Bailout World
- The New Widow Maker
- Did Chinese Insiders Buy Stocks Ahead of News?
- Invite Only
- Exquisite Short Opportunity
- Making Hamburgers
- Even Weak Dollar Can't
- U.S. - Europe Gap
- Stay Short
- Deadly Price Action
- Mass Dumping
-
▼
06
(29)
Search This Blog
Posts
Followers
Favorite Books
About Me
Disclaimer
The information contained on this website and from any communication related to the author's blog is for informational purposes only. The analysis and commentary do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading or investment strategy. The materials on this website do not constitute an offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.
No comments:
Post a Comment