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To: MythMan who wrote (387865)6/4/2009 10:13:03 AM
From: Real Man2 Recommendations  Read Replies (1) | Respond to of 436258
 
I know absolutely nothing. You can't forecast this market,
it swans when it wants to. Stocks just had a huge rally
and are prime for a correction and there are a few catalysts
for that.

One is Max pain on the SPY, currently 81. (about 810)

Another is 1 Trillion notional GM CDS thingy on the 12-th

The third thing is bondz, the clownbuck, and soaring
mortgage defaults and sharply deteriorating MBS

I think it all makes a case for a move
that could be swanny, BWTFDIK about them swans. They just
fly when they want, and da boyz sure seem in control
of all this meaningless stuff. -g-

optionpain.com

FWIW, I got out of poots on gold stocks, but lightened up
some more on them. I don't care if this thing rallies. -g-

The shpiral target was not reached, but it came close, and
way too early. No sell there, I'm expecting a correction
to complete inverse H&S bottom in the spoos -g-

Oh, and since spoos rallied from 666 to 800 in no time
at all as shorts were the buyers, most if not all bulls jumped
on the band wagon higher. A cleansing? -g-



To: MythMan who wrote (387865)6/4/2009 10:29:23 AM
From: Real Man  Read Replies (1) | Respond to of 436258
 
I guess the 666 buyers pushed us over 200 MA so they can unload
some on 200 MA buyers. There may be some distribution. -g-

This strongly favours your myth stuff, thou.

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