Tuesday, June 12, 2007

 

Quick Alert: Bears Mowing Down Bulls



What the fuck happened to Pac-man and Jungle Hunt?

NOTE: I like HANS here on this rally.

UPDATE: The title of this post has been changed, in order to fit the mood of the markets.

Comments:
Better get more oatmeal with a bigger bowl. Starting to look like a fakeout.
 
A Bull that's had his balls cut off is a Steer.
 
The oatmeal wore off.
 
Broker,

Did you eat any oatmeal at all during the height of the bear market in 2002?

Or does oatmeal simply act as a catalyst to move the market in your favor, whether you're long or short?
 
Unfortunately, oatmeal was unavailable during the bear market.
 
I just went long the qid and shorted sds, pair trade.
 
I just sold your mother and bought another can of Monster, pair trade.
 
Decliners lead advancers 5 - 1.

Load up on more oatmeal, boys. We have about 30 minutes left...

And don't forget to drink more Monster.
 
Too late Stock.

I may have to use my powers for evil, instead of good.

Now scouring for short sale set ups.
 
Time to sell the laggards and raise cash.

-DT
 
This action is fairly typical for options expiration week. One big down day, usually on Tuesday, followed by a big up day on Wednesday or Thursday.

Be mindful of all the shorts that this decline sucked into the market. Even if the market has changed to an intermediate downward trend, we're due for one more corrective rally to fool the bulls.
 
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