Market gapping up, but is this a set up fro a "gap and crap" or do we just rocket thru highs the day before Thanksgiving?
Oh, and dollar down and market/gold up again... what else is new?
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7 hours ago
Wednesday, November 25, 2009
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ReplyDeleteand they crush the dollar again and everything else goes to the moon
ReplyDeletethis is so easy - why didn't we think of making everyone rich by destroying the dollar before - oh wait, because eventually the US will wake up and realize we are actually poorer on a nominal basis
but for now - cheers!
financials and short term treasury yields seem to be indicating trouble around the corner but everything else seems to disagree
ReplyDeleteRINO a many time mentioned stock here ripping to new highs
ReplyDeletedollar getting torched - market firing higher
ReplyDeletegold ripping
nothing to see here - same as everyday
i will tell you it is nearly impossible to short a market in a country where the govt/central bank have no concern on destroying the currency as nominally prices will rise so shorting is basically impossible because you may be right the market is going down but only in real terms not nominal terms - therefore yo will lose in absolute terms
ReplyDeletedollar getting destroyed
ReplyDeleteweeeeeeeeeeeeeeeeeeeeee.....everything else is up!
US bonds to - no idea what the hell that is about.
52 week low for the dollar - celebrate
ReplyDeletevolatility to 15 month lows
ReplyDeleteis that complacency?
do you start to get the feeling everyone is starting to believe in the santa claus rally?
do we close the year strong? stats probably say we do. plus, it just feels to me like no matter what we will get pinned higher into the new year.
that said, i am not long.