Disqus - Latest Comments for KidDisco

Re: Freeloaders Unite!

KidDisco — Sun, 08 Nov 2009 18:10:55 -0000

i understand what the fed's stance means fundamentally. nevertheless,
this is how the fed has always stood. nothing has changed to indicate
things are getting anymore worse, only that they're not getting much
better and that the fed will stay low for as long is needed.

bears have been calling tops since mid april. i know because i'm a
bear. nevertheless the market has done nothing but go up since then
and there is nothing here that really suggests otherwise.

Re: Freeloaders Unite!

KidDisco — Sun, 08 Nov 2009 17:37:21 -0000

oh yes... this i completely agree with. i think the time to load up is
near.

Re: Freeloaders Unite!

KidDisco — Sun, 08 Nov 2009 17:22:56 -0000

its true, technicals are not looking good. i would agree we are *near*
an inflection point. i'm not ready to say we're there yet. mostly
because with really bad news in the form of unemployment, the markets
did break to the downside. it seemed to me that the markets were
actually waiting for confirmation of BAD news so that they could push
forward with their dollar carry trade backed by a Fed that will keep
rates low as long as the economy is weak.

i'm not saying this is sustainable. if anything, if/when the
correction comes, it will be even more violent since more suckers will
have been lured back into the markets. but in the mean time, my money
is still on the market continuing higher.

Re: Freeloaders Unite!

KidDisco — Sun, 08 Nov 2009 17:05:07 -0000

yes, i agree that at some point, people will wake up to the fact that
a falling currency is really an indication of an economy in decline.
however, for now the theme on wall street is weak currency = strong
markets.

i'm not saying this new spending is necessarily bullish. just saying
that if one were to make a guess, one would have to go with recent
market drivers...

Re: Freeloaders Unite!

KidDisco — Sun, 08 Nov 2009 16:09:12 -0000

I do, actually. the implication is that the dollar will weaken thanks to the additional spending over 10 years.

As we all know by now, that is stock positive...

Re: Does This Look Vulnerable?

KidDisco — Thu, 05 Nov 2009 12:36:48 -0000

It looks about as vulnerable as it did back in July...

Re: STEC as an Object Lesson

KidDisco — Wed, 04 Nov 2009 12:45:04 -0000

Stops? What are those?

Re: No Bid Wednesday Rub Down

KidDisco — Fri, 30 Oct 2009 15:09:53 -0000

i bet ON them yesterday by way of upside calls. needless to say, i got
raped.

Re: No Bid Wednesday Rub Down

KidDisco — Fri, 30 Oct 2009 15:08:46 -0000

nevermind... that was truly a dumb question....

Re: No Bid Wednesday Rub Down

KidDisco — Fri, 30 Oct 2009 15:08:45 -0000

sorry for the dumb question, but what's FUW?

Re: No Bid Wednesday Rub Down

KidDisco — Fri, 30 Oct 2009 15:08:44 -0000

i'm thinking we get a bounce anyway. but if its blowout GDP number,
there's going to be a whole lot of short covering...

Re: What Needs To Happen Now

KidDisco — Fri, 30 Oct 2009 12:44:20 -0000

Looks like a double bottom to me...

Re: Rally is over

KidDisco — Wed, 28 Oct 2009 23:09:54 -0000

In keeping things as simple as possible, it seems everything now hinges on the dollar. Specifically, the dollar against the euro.
This sell off was sparked by a bad bond auction on Monday which kicked off a mini dollar rally, crushing oil and commodities, recent market leaders.

Right now, the Euro is on top of its long term trendline from the March bottom.
I won't believe this rally is over until that line fails, confirming a bottom in the dollar.

Re: Rally is over

KidDisco — Wed, 28 Oct 2009 21:40:53 -0000

I'm curious as to why all the gloom suddenly. This move down doesn't seem any more severe than any we've had in the recent past. Percentage wise, its about 4-5% from the top. We're right back down to our 50 day moving averages.

Seems like a normal shake out to me.

Thoughts?

Re: No Bid Wednesday Rub Down

KidDisco — Wed, 28 Oct 2009 19:29:41 -0000

Does anybody get the funny feeling that tomorrow's GDP numbers are going to be a blowout and that this latest dip was some demented bear trap?

Re: Counting Wiggles

KidDisco — Tue, 27 Oct 2009 12:18:16 -0000

I hate zero flatlines...

Re: Skeptical Bear Monday Rub Down

KidDisco — Tue, 27 Oct 2009 10:55:51 -0000

goldman looks like its coiling. if i were a betting man, and i am, i'd have to bet on a move to the upside.

so goes goldman, so goes the market...

Re: Skeptical Bear Monday Rub Down

KidDisco — Mon, 26 Oct 2009 20:01:20 -0000

something like that. i don't believe this market will go out with a
whimper like this.

i need blow off tops in the euro, oil and gold. capitulation selling
in the dollar. touches of the 50% fib from top to bottom etc...

Re: Skeptical Bear Monday Rub Down

KidDisco — Mon, 26 Oct 2009 17:24:45 -0000

thoughts?

http://www.screencast.com/u...

Re: Liebe Ist Für Alle Da!

KidDisco — Fri, 23 Oct 2009 18:55:11 -0000

Agreed. I'm thinking bears will probably reload at the 50% retracement
from yesterdays highs to today's lows.

Re: Weird Channel

KidDisco — Fri, 23 Oct 2009 14:21:06 -0000

little divergence on zero lite...

Re: Weird Channel

KidDisco — Fri, 23 Oct 2009 13:54:32 -0000

i wonder how much jeff bezo's net worth went up just today.

Re: Our New Indicator

KidDisco — Fri, 23 Oct 2009 12:14:14 -0000

my condolences to AMZN shorts.

Re: Liebe Ist Für Alle Da!

KidDisco — Thu, 22 Oct 2009 11:08:22 -0000

FWIW, i get the feeling this market is going to rip out. The selling yesterday was weak on zero and the selling pressure has been consistently weaker.

Re: Insanity

KidDisco — Wed, 21 Oct 2009 15:38:09 -0000

Zero is not moving. i don't trust this sell off...