Stocks gain on Strong GDP

spyguy

freindlyfired wrote:

And you know this how?

I'll repost some things Ive posted before on here... check my posts.

I dont understand how anyone can tolerate let alone support a dem or rep.
Not enough politicians have brain cancer, I wish it were contagious.

Learn something in life kid, otherwise you're no bettor off than my dog when your dead. Make your parents proud.

wishing people have brain cancer. something a relative of mine died because of. and you are talking about making my parents proud? I wonder what your would think of that comment.

DriftingByTheStorm

Stocks drop on ... ???

LOL.
Your big day Thursday got its ass handed to it.

We were up 145 this morning, but somehow closed down 25?

S&P back down to 1270's and dow back under 11,500.

Woopity woo.

If thats your idea of being saved.
lol.

spyguy

DriftingByTheStorm wrote:

Stocks drop on ... ???

LOL.
Your big day Thursday got its ass handed to it.

We were up 145 this morning, but somehow closed down 25?

S&P back down to 1270's and dow back under 11,500.

Woopity woo.

If thats your idea of being saved.
lol.

surprise surprise. infowars must have posted a headline.

DOW isnt under 11500 btw. oil still held their loses and the dollar held onto its strength.

DOW and S&P have been in a trading range. the DOW hit the high end of the range, triggering some short selling programs.

relax sally, this drop today was no big deal.

DriftingByTheStorm

No comments today, huh, bub?


Unemployment still on the rise.

Markets taking it in the ass.

DOW back to being within 200-some points of being in the 10,000 range.
:cool:

RolandTD20Kdrummer

Hey let's print more money out of thin air!

cmon 10 trillion

:cool:

DriftingByTheStorm

Yet another big happy day in the market.
Back down to DOW 11,128 and S&P 1229.

Oh yeah.
We must be "saved".
:rolleyes:

Look folks.
I just try to call it like it is.
If i don't say, "oh happy happy joy joy" on a day when the market goes up a hundred (or 2) points, its because i know nothing fundamental has changed, and everything looks like shit.

Prices in the market are proving that in spades lately.
Stuck at what used to be sub-basement levels.
Now it is "the range" that Mr. Spyguy talks about.
But you know, if stocks are trading in a range known as "the gutter" or "absolute shit", it doesn't do much to neutralize the truth.

spyguy

DriftingByTheStorm wrote:

Yet another big happy day in the market.
Back down to DOW 11,128 and S&P 1229.

Oh yeah.
We must be "saved".
:rolleyes:

Look folks.
I just try to call it like it is.
If i don't say, "oh happy happy joy joy" on a day when the market goes up a hundred (or 2) points, its because i know nothing fundamental has changed, and everything looks like shit.

Prices in the market are proving that in spades lately.
Stuck at what used to be sub-basement levels.
Now it is "the range" that Mr. Spyguy talks about.
But you know, if stocks are trading in a range known as "the gutter" or "absolute shit", it doesn't do much to neutralize the truth.

I was looking for this thread, to bump it yesterday, couldnt find it.

anywho, yes the dow and s&p are trading in a range...and we are in the low end of the range....I was expecting a bounce today but the employment # put a squash on that.

whats driving the market down isnt so much a bad US economy anymore, but worries on a global slowdown.

DriftingByTheStorm

spyguy wrote:

whats driving the market down isnt so much a bad US economy anymore, but worries on a global slowdown.

because, like ... that was SO hard to see coming?
:rolleyes:

C'mon man.

And you should be honest with folks when you talk about this range crap.
We are NOT in a "normal" trading range for the market.We are in somewhere between very and super depressed levels.And if the DOW loses another 200-400 points in the next week, we are going to see sell programs kick in, long positions being covered, and large institutions implementing even further deleveraging.

All that means is bad news for prices.
Baring some major input from the PPT,we are looking at a possible broad-scale collapse of the markets.
That isn't fear-mongering, and you should know it.

BTW, i don't mean some rapid and drastic collapse like a "crash".
I'm talking about a long, protracted period of sustained low valuations.

Next week doesn't bode well for the market either.
Earnings for financials\banking come out next week, and potentially worse, on Tuesday we get another Pending Home sales report, and then on Friday both PPI (inflation) and Consumer Sentiment.
None of that could be imagined to be "good news".
Right?

Although i have to imagine that any uptick in pending home sales will get the market up 250 points on a whim.  Only to come crashing back down on earnings for financials.
:sigh:

spyguy

DOW just touched positive territory

DriftingByTheStorm

spyguy wrote:

DOW just touched positive territory

PM me when we break back above 12,000 so i can put on my silly pants, and do the happy dance.

:cool:

PS.
I can NOT believe they have hammered silver back down to nearly $12 even.
Gold still holding at $800, still up 75% over little more than a year,
but for some reason silver has been gouged right back down to pre-crisis levels.
It just doesn't make much sense at all.
One month ago, many silver pieces were simply off the market. Sold out. Couldn't buy them.
Now silver has dropped from a high of $22 to the ridiculous fire-sale level of $12.20.
Bizzare.

spyguy

DriftingByTheStorm wrote:

PM me when we break back above 12,000 so i can put on my silly pants, and do the happy dance.

:cool:

how? you'll probably already have drank the little vile of purple liquid that Alex Jones has been waiting to deploy on his "people"