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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (98449)

2/1/2013 6:56:55 PM

From: 2MAR$

Respond to of 217544

SPY got the help it needed with China PMI plus jobs report, with all the Fed pumping there's just no place to go but into stocks now and its feeling very artificial , even fund mgrs are taking profs being prudent ,so many great short set-ups on earning's beats are there . Even mighty Master Card as a gap fade yesteday to the tune of some 18pts . Goldman Sachs , Deutch Bank , JMP , REITs , Homebuilders are of course loving all the liquidity

People flooded 17bil worth of funds into the market last couple of weeks and many will get stuck at the tops again just like the last time. MA did very little for weeks yet this one play netted almost $20 down in matter of 1hr yesterday morning fading the gap.

Of course it was at a doube top all time high was the reason, fund mgrs arent stupid & just covered SPY short & moved to MA , NFLX & AMZN ...and a little biotech KERX that got too far ahead of itself.

To: Cogito Ergo Sum who wrote (98449)	2/1/2013 7:10:13 PM
From: 2MAR$	2 Recommendations Read Replies (2) \| Respond to of 217544

AMZN had every penguin on the street upgrading it to $315/30 after the night before on earnings dropping to 255 then bouncing $30 to 284, what the play was shorting those upgrades the next day? Fade that of course! In almost every case like FaceBook today the fundies are ramping the stocks back up then dumping into it, all manipulated like a Bach orchestra getting people to pile in thinking its going up, then comes the dump. They know they have shorts so timid right now they can pull these morning gap ups with a flood of buy orders to ramp the stock to dump shares they're all holding from 25% lower. Check FB chart today, classic pump n dump but $2 more when you have 15mil to dump adds up, market's way up but actually some of the best shorting around as funds cash in chips just let them do their ramp thing then join in when the dumptruck arrives ;o)