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Fly, I just spoke with one of my friends who lives on a farm. He said they are selling off their cows because they cost way too much to feed/house. He said a lot of people in the business are doing the same. If I’m correct, this will cause a short term drop in the price until there becomes a shortage. Does that sound about right to you?
Today’s move was a knee jerk sell the news reaction. The market will soon get what it needs to be able to reflect the fact that GDP is strong (no matter what the fuckers say about “upcoming” GDP numbers), job growth is steady (which is the true forward indiccator), retail sales will surprise to the upside, inflation data will continue to bewilder people to the downside, crude will hang out in the 80’s and the Yen continues to weaken (another true leading indicator of what is to come - ya’know, yen carry trade and all that good shit). So, we had a 300 point drubbing yesterday. We cannot forget the volatility that that market has had, as well as the nice run up in the past two weeks. This was a weak attempt by the bears to scare the weak hands out of the market. A truely nasty move would have been 400-500 points - that would have been the real message. While I do not believe that a bullish engulfing bar is possible on Wednesday, a nice ralley is in order. Not some weak ass 30-40 points, I mean triple digits and enough to leave both bears and bulls scratchging their heads wondering WTF.
Tim Knight-
“Justice Prevails”
Look for the rally tomorrow.
December 11th, 2007 at 11:22 pmTomorrow we drop 200.
December 11th, 2007 at 11:26 pmI put ketchup on my cheeseburgers.
Buffet 1
December 11th, 2007 at 11:38 pmFly 0
Isn’t correctly called “catsup”?
December 11th, 2007 at 11:41 pmMVIS is ketchup
December 11th, 2007 at 11:43 pm“I put ketchup on my chesseburgers…and then give them to the poor as a cruel joke. “Sharks” will eat anything — they’re animals.” - W. Buffett
Half-truths are full lies.
December 11th, 2007 at 11:43 pmFly, I just spoke with one of my friends who lives on a farm. He said they are selling off their cows because they cost way too much to feed/house. He said a lot of people in the business are doing the same. If I’m correct, this will cause a short term drop in the price until there becomes a shortage. Does that sound about right to you?
December 11th, 2007 at 11:44 pmBuffet can be deceiving.
December 11th, 2007 at 11:45 pmCorrection-
December 11th, 2007 at 11:45 pmI never said that. Go fuck yourself, many times over.
Buffet as opposed to Buffett.
Fuck cows.
December 11th, 2007 at 11:52 pmAh yes, fuck cows, but more importantly fuck pigs.
December 11th, 2007 at 11:55 pmRomanian ketchup happens to be sweeter than American ketchup.
Odd, no?
December 12th, 2007 at 12:09 amThat is simply too bad. I hope you both eat a 2 1/2 inch rib eye that is infected with mad cow disease.
December 12th, 2007 at 12:10 amToday’s move was a knee jerk sell the news reaction. The market will soon get what it needs to be able to reflect the fact that GDP is strong (no matter what the fuckers say about “upcoming” GDP numbers), job growth is steady (which is the true forward indiccator), retail sales will surprise to the upside, inflation data will continue to bewilder people to the downside, crude will hang out in the 80’s and the Yen continues to weaken (another true leading indicator of what is to come - ya’know, yen carry trade and all that good shit). So, we had a 300 point drubbing yesterday. We cannot forget the volatility that that market has had, as well as the nice run up in the past two weeks. This was a weak attempt by the bears to scare the weak hands out of the market. A truely nasty move would have been 400-500 points - that would have been the real message. While I do not believe that a bullish engulfing bar is possible on Wednesday, a nice ralley is in order. Not some weak ass 30-40 points, I mean triple digits and enough to leave both bears and bulls scratchging their heads wondering WTF.
December 12th, 2007 at 2:10 amSomeone get me a fucking spell check.
December 12th, 2007 at 2:11 amOh, BTW - Futures up 85 you bear fuckers. That includes all of you weak bulls that lashed out yesterday. Bitches.
December 12th, 2007 at 2:12 amAlvari, I thought job growth is a lagging indicator.
December 12th, 2007 at 5:08 amEarly morning futures are a conspiracy
December 12th, 2007 at 6:08 amShed-
December 12th, 2007 at 6:41 amThe market being several hundred points from all time highs is a lagging indicator also.
Cheese, relax dude. It takes both sides to make a market.
Fact of the matter is that as long as the indexes continue to make lower highs, we are in a downtrend.
But, back to the matter at hand, is job growth, or is it not, a lagging indicator?
December 12th, 2007 at 7:24 amKetchup is considered a vegetable in the ghetto.
December 12th, 2007 at 8:16 amGet your vitamins kids. Tonights dinner is wonder bread and sardines….