SOOO CLOSE TO DOW 13000..On the verge of an EPIC WIN

This is the mother of all bubbles and it was called that several years back by several respected traders and market oracles.

It's just a matter of time and doing the math.

Oh great clueless one....

1) True that oil prices have DOUBLED since Obama took office....but you misunderstand and seem to have NO CONCEPT of what happens if IRAN goes to war.
You think oil prices are UP???....you ain't seen NOTHING YET if that happens.
...the cratering NYSE and NASDAQ will be the least of the worries.

2) Do you have ANY concept of what you are talking about Italy, Portugal, Spain, Ireland...and the EU debt issues?
You are either being WILLFULLY IGNORANT....or REALLY dumb.
...or even potentially a government shill.
Which is it?




Last Edited by Useless Cookie Eater on 02/13/2012 07:15 PM

Look at TNA and TZA to trade the full market ups and downs. When the big one happened in 2008, it touched $300 per share. These are ETFs that run 3 times the opposite percentage the Russell 2000 index. Right now, I'm all in on TZA shorting the index.

When it all falls this year hard, and it WILL fall hard this year, it's my insurance.

With his threads reaching the double digits and his posts in the hundreds with the same exact message I think he enjoys the thought of making other people mad.

And is mis understanding people arguing with him when we try to say "No you aren't rubbing anything in, you are fucking stupid, you don't understand economics, things are bad and you are just doing yourself a disservice by willfully ignoring the problems to try and say things are great right now"

Thats why almost all of his posts reference someone being mad at his message, he is a renegade out to fight for the unpopular opinion regardless of what people say to him.

So not only is he ignoring real economists urging possible problems in the near future he seems to be 14.

actually it the VOLUME that counts-not the DJIA number-and volume is lowest it has been in decades=NOT A WIN!

You know what.....you probably hit the nail on the head.

OP at work.........

[link to www.bloomberg.com]

“Europe’s increasingly weak macroeconomic prospects, which threaten the implementation of domestic austerity programs and the structural reforms that are needed to promote competitiveness,” are also factors, Moody’s said in a statement. These factors will continue to affect market confidence, “which is likely to remain fragile, with a high potential for further shocks to funding conditions for stressed sovereigns and banks.”

That is economics speak for, "Hey, it's a big turd sammich, and we want to feed it to the peasants (middle class & lower)."

If Zazz thinks this won't spill over onto Wall Street he needs a basic arithmetic class.

Basically what I said earlier.

yet another all time high for my 401k. 5 star post

Don't worry about all these haters!!!

I cant believe they didnt jump on board when the dow was 8k,9k,10k,11k. Man I was all in at 9k

:upyours:

markets go up, markets go down

They're just pissy mad at me! Someone finally make a prediction that will hold water!

Meanwhile all they get for their troubles are Lorna Doones given to them by their mommies!!

A troll stating facts..wow what is your definition of a troll?

And they all called for a crash DEFINITELY by 2011.

And we all know how that played out.

Market's up about 10% since then.

If they were actually "FACTS"....I, and others on this thread, wouldn't be calling you out for TROLLING.

Hey IS-BE!

I'll give you two pieces of bread and some mayo. She gets the meat.....

So the DOW has NOT been up about 10% this year?

It is NOT approaching 13,000?

That's the title of my thread!!

Can you read, or does your Mom help you out?

I've come to believe the OP may actually be Ben Bernanke, especially when you look at the other garbage he posts.

right!! What are these people gonna do when 12/21/2012 comes and go's like 12/31/1999???? bahahahaha

Funny, that's what they said about Iceland..

Big crash over there huh?

Some added proof of OP's ongoing economic delusions......

On DRUDGE....right now.....

"MOODY'S Downgrades Italy, Portugal; Changes Outlook on France, UK to Negative."
[link to www.drudgereport.com]

Direct link......
[link to www.moodys.com]




Last Edited by Useless Cookie Eater on 02/13/2012 07:50 PM

another lame effort attempt

The problem is you can't hold most 2x or 3x ETFs.

The vig will eat you alive

They are designed to deteriorate in value. Thats why most have had multiple reverse splits

You need to be nimble and trade in and out of the ETFs which ride the indices, but you can't hold them

The problem, as always is in TIMING

But, for what it's worth, there was huge volume in SPY 132 puts today and in VIX March 35 calls last Thursday

The market is giving every hint of prepping for a sell off imminently, capped by its inability to push through 135 resistance

JMHO, and I don't mean to bore people here with trader talk, but yes...eventually the macros may affect market direction, but as they say - the market can remain irrational for a lot longer than any of us can remain solvent trying to short it