Zekeko

Market Memory: An Abbreviated Tale Of Two Bottoms (Part 1)

Thanks but it's true. Look at this mkt! Nobody wants to buy into the move but they have to. Watch out as shorts rush in again close to 1100. If they get clobbered again that will make the mkt go to 1200. Shorts will SHAT their pants again. Usually SHORTS are contrarian thunkers. Not this time everyone thinks the mkt should dump. It's the most obvious trade out there to short the mkt and this why we keep rising.


On Sep 14 08:59 PM iNVestorUnrest wrote:

> ok that's the funniest comment I've read in a long time!!

Market Memory: An Abbreviated Tale Of Two Bottoms (Part 1)

Can you invest in huggies? Proctor and Gamble or Kimberly Clark may be stocks to own cause me thinks Shorts SHAT their pants and need a clean up in aisle 1.

I know people were shorting all week long into that jobs report number. I think I smell a doo-doo

Market Memory: An Abbreviated Tale Of Two Bottoms (Part 1)

It's a good argument to ask the mainstream media like CNBC what bottom are they talking about because that's all they talk about. Are we going to retest the bottom? CNBC may be the best contrarian play out there. When they pump you dump! When Cramer says buy you run to the hills! When they scare investors out you buy. I know it's never simple like that but I like your point that the Dow jones and S&P 500 are distractions when the real story is about individual stocks.

You may be right on that this market can jump higher because way too many people missed the bottom and aren't invested. Everyone on CNBC telling you it's overbought and about to drop wants to buy the market much lower that's all. And they are getting crushed shorting since 666.