No replies to this topic

[nimblebear]

This is deep dive time folks. I don't think you want to play gutless wonder, and go long anytime in the next 2 weeks. The Feds and PPT had their hands full on Friday, and with the super low volume, and mass exodus of investors out of the market, even in the recent rally, its apparent the Algo's, and HFT's, and traders who like to play chicken with semi-tractor trailers, clearly are the only ones left in this market. Whats interesting is the world markets are at significant cross roads as well, and since there is no PPT likely able to support them too, or even willing, those markets ill dive further before everyone cries uncle here, and lets this puppy drop. Suffice it to say the lows thus far in 2010 will be sliced through like a hot knife through butter, and Doug Kass will be made the total fool that he is/was when he made his nubile call back around the recent bottom. I have nothing against the guy, but he made a mockery of someone else on CNBC, so I hope they call the two of them back, and let Mark Haines read em and weep. Too bad Laundry didn't stick with his collapsing bearish T call, and instead predicted this sucker would rise into a high in August. He could still be right of course, but everythin I look at, including the many many fundamentals that keep flashing big bright red warning signs, yet the market keeps ignoring them, are about to come home to roost on this vaporware market. Should be a funner month from here. Mark's favorite "fade".