Ah, this was just to get the masses past the first-time pain threshold

Guys, thanks for AVP, did not have time to do a full count on it, but looks like a classic B Wave, I took it this morning

did hankee get all the power he wanted?

News on Pickens

so the next time I hear someone telling me what these big names did, or thought, or said, I should remember that it might be that rare occasion of them being wrong, assuming that they never speak out of self-serving interests.

One who solely relies of wisdom of Pickens 'n Chickens 'n Gartmans 'n Fartmans is eventually doomed to be had for the plucking and the stench

and we appriciated the way you handle this.

he has found his gold mine, those who pay 13000 for his wisdom

it did not disappoint, led the pack again., see how it shot through the gap around 60

It pays sometimes to go against the madness and the fear of the herd.

financial crisis, debt deflation, monetization, total melt down, asset rotation out of crap into precious, whatever CNBC says, it's all a dog and pony show, the admission price can be expensive, though :-)

I think it is more a matter of percetion, and market psychology. The perception of future inflation was what they wanted to go away, seems like it has, now maybe they can print

And within that framework, money rotates from one sector to another.

IF I wanted to make a short list of banks that may finally come out of this OK, I could of course crunch a lot of numbers, or I could cheat and look at what Buffett has:

he owns USB and WFC,

this is only FYI, FWIW

I guess deflation is on hold for now!

Yep, you are right, my good Sir. this is the 4th high distribution day in a week or so (I have to check) but the point is after back to back distrib. days like this we may get a seller exhaustion and some sort of a bounce. It also is in full accord with a 5th wave behavior, especially if we get some +'ve divergence on the lows. It's like a spring, you can only press it so much, it snaps back at some point.

A shorter's dream, nothing less!

Gartman said: "The news is horrid, but the trading activity is positive indeed... and a market that won't go down on bad news is not a bear market"

But XLF is down 8% today, which market is he referring to as not going down? I guess I am missing something here

why do people insist on giving gifts?

DRI

I may be done trading for today, but who knows

yes. I can't login too.

anyone musing the bonds for a short?

they don't have to short, just standing aside would do

AEM has been the leader so far, if it keeps that up, one can use it to play the laggards. Of course, as soon as I figure that out, market changes its behavior ;-(

I wonder where the bulls are today?

this will not end, IMO, until selling pressure overwhelms misterious buying agents of the future markets. It's been like that before, I think it will be like that again, but who knows when the sellers break their distress point