Wednesday, July 19, 2006

 

maria says pause in august on rate hike

funny thats NOT what mr. b said. oh cnbc why cant you send maria and the gang to iraq so they can learn reality reporting?

well folks,,, yhoo,intc, qcom, rmbs are the crappers of the day it figures these are the same stocks the cnbc crew hyped in the bubble 2000. in about 5 years we will be saying the same for goog,, and pretty much anything cramer pumps.

a little data for you:

july14 is up big time 85% of the time,, it didnt happen this year,, but thats ok,,, cause the traders almanac has been running a couple of days behind. the data after the july14 power up (2nd biggest day of the year) does NOT say we go up,, actually i think it says down until later in the year.

today will be the bears day in history to tease longs/pigs/bulls that they swallowed the biggest suckers rally of this bubble.

now we wait for kudlow to strut around like he is a man,,,, and cramer to declare the bear is dead.

 

cnbc pumping mr b again

mr. b notes he was using the data at the time (last month, not the recent data) then cnbc went on to say the $usd was tanking,,,,,,, somehow i just dont see a -.40+/- dip as tanking. well our crew at cnbc must do what they must to get those darn GE shares up.

take advantage of this rally to sell to shorts who got suckered up into buying more fund dumping. THANK GOD FOR BLOOMBERG!

 

s&p sell program 1220 on our way to 1150+/-

faber report- tgt vs wmt what a waste of time.----duh,, he is only a few months LATE on his review.

cnbc had the nerve to say the american data on tuesday was good and thats why stocks closed up/flat. no,,, its because we were running out of willing fools to sell to so the selling stopped. soon the s&p will get a sell program,, i figure somewhere in the 1220+/- area,, and we wont look back until about 1150+/-. traders forget we tend to rally nearer the fomc meeting--and you know cnbc pumpers will play fed and tell you 1&done or this is it,, or some other crap. anyway,, this is alot like watching a painful slow death with torturous jabs here and there.

its almost amazing that the cnbc crew went to college..anals tell them to 'buy this or that' some even note that next year wont be great for abc company............. hello! then why would i want to buy it. i ONLY want companies that can grow stronger in a bad market not just be another bagholder for a stock that cant be stronger in the worst of times!

anyway,, get ready for it.. TOMO has been buying bonds and currencies NOT stocks,, they stopped that about a week or so ago. odds are they are using their new currencies as collateral while shorting the markets.

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