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"A rare and dangerous Black Swan formation is developing"
It looks like it's about to throw up, a definite sign that you should have shorted the SPY. If you did, you would have made a killing, since the SPY is at 86 right now. -
DJIA
DJIA's resisting at 8200.... Again. I'm surprised we keep having these mini-rallies though. I guess they have to keep the "hopes" up somehow, before the big debasement. Just watch what John Thain is doing (hint: he's di… -
"You know. I'm still calling a 7500 bottom, if we don't see a bounce to 9600 first."
lul October 11th, 2008: "You know. I'm still calling a 7500 bottom, if we don't see a bounce to 9600 first." That happened almost like clockwork, it's kind of scary. Oh yeah, on October 6th, 2008: "We hit just u… -
DJIA -7.7%
DJIA falls 7.7% today, unsurprisingly. Fourth worst drop ever for the DJIA, in terms of absolute numbers. These 5% or greater daily swings are quickly becoming the norm -- note that high volaility is a key characteristi… -
JRCC
JRCC's bubble popped on Wednesday. I was calling for a top at 60 for about a week now (not here though). Too bad I didn't have any funds to do anything about it. UGH. Stupid ass Adobe. And CHK and HK are STILL unstop… -
Thursday
Today is going to be fun. SINA is resisting at $59 after hours, if it breaks $60 and closes above 60 tomorrow it will be extremely bullish. Possibly another +10% to $65-66 before pulling back. Everyone's saying it's goin… -
GRMN, OIS, VPHM, Predictions, Fed Cut, Analysis of Yesterday's Predictions
GRMN got PWNED today. Good thing I didn't go into that. And PNRA rocked today, again, good thing I didn't short that. :O Buffalo Wild Wings (who the hell has heard of that?) is up 20%, and is pretty much the biggest ga… -
CMG, AAPL, STP, JASO, BIDU
Chipotle demolished analyst expectations on its earnings report by posting: Revenue increased 29.3% to $305.3 million Comparable restaurant sales increased 10.2% Restaurant lev… -
Chipotle!
Entered into CMG today at 113.30 or so. Was hoping to get in at 110-111, but yeah, I was too slow -___-. Anyways, they report earnings tomorrow afternoon. I'm pretty bullish on them for several different reasons. Hopeful… -
Massive Breakout -- F'realz this time
DJIA closed slightly over 12,600, though it's a breakout, technically, I wouldn't say it's confirmed. This rally should last through to tomorrow as well, assuming nothing ridiculously bad comes out in the news. If we mov…
Recent Weblogs
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VIX
Closed out my VIX DEC 30 calls. Entered at $1.35, ... -
Market Follow-Up
Market rallied yesterday on Q3 GDP numbers, revers... -
Good News Everyone!
The recession is over! Let's ignore the coupl...


