Wednesday, April 14, 2010

Treachery and treason

Boy did I want to look smart and show you few charts and say:
"Easy ride is over – air pocket is gone, now there is going to be a fight for each 1c on SPY"
2010-04-14_2032 Would not a lot of you LOVE that chart – is not that what we WANT?
Then I turned to QQQQ and …the "Air Pocket and following heavy volume zone" means…nada, zilch, null, nitchego…
2010-04-14_2034 All ISEE, overvaluations, nonsensicality, obvious disconnect of "Their economy" with "our suffering" (most of us, even in the families with 2 people working are unable to just GET BY) , all the logical reasons mean NOTHING – for as long as there is that stupid portfolio manager who is dumping someone's else money into bottomless hole called "efficient market" and for as long as there is even more stupid portfolio manager willing to pay the greater price – this "rally" will be going on.  It is 100% similar to tech bubble, to housing bubble – everyone knows it is bogus, everyone knows they are selling air to fat and lazy, but this is their game and that game will be played until it is stopped by some unforeseeable forces…
Game on…and it will end when least expected…NOW?

Here some treat for you – someone said "CNBC people" started to connect higher oil price with better economy (morons) – here is TDSetup Sell 9 Weekly after 13 count known as 9-13-9 – let those ..kers buy…
2010-04-14_2042 Enjoy the clip (in the very beginning there is some stupid sound/visual effect by one of "the people" who thought that was cool, but that is The Best sound there is out there).

Treachery and treason
There's always an excuse for it
And when I find the reason
I still can't get used to it
And what have you got at the end of the day?
What have you got to take away?
A bottle of whiskey and a new set of lies
Blinds on the window and a pain behind the eyes

P.S. Well well well – I think I found the charts everyone is least expecting…

2010-04-14_2126 2010-04-14_2127
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