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starbucks4ever (97.86)

Today could be a lop

Recs

11

April 26, 2010 – Comments (12)

All bearish talk has died down. There is a deafening silence among the bears, not unlike the deafening silence among the bulls on Mar 9, 2009. In addition, the debt on the debt clock has stopped growing. I have noticed that market rallies tend to coincide with the periods when the debt increases rapidly, and pullbacks tend to happen when the debt clock stalls.

12 Comments – Post Your Own

#1) On April 26, 2010 at 2:41 PM, brickcityman (< 20) wrote:

Funny, when I just checked it was incrementing...

 

Perhaps congress came back from a late lunch?  Or Geither got prodded awake from his siesta?

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#2) On April 26, 2010 at 2:55 PM, starbucks4ever (97.86) wrote:

brickcityman  

I have no idea why I'm seeing this correlation. Maybe debt increase is making people think about future inflation. Or maybe the money that government borrows from the Fed is going directly to banks who invest it in the stock market bubble. Or maybe I'm just imagining a non-existing correlation, that of course is absolutely possible.

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#3) On April 26, 2010 at 3:12 PM, portefeuille (99.66) wrote:

There is a deafening silence among the bears, not unlike the deafening silence among the bulls on Mar 9, 2009.

some calls I made at around that time (see here).


 

two posts by checklist34 from around that time.

March 03, 2009, Mark to market relief bounce... coming up? 

March 10, 2009, I'm betting big on BDCs, insurance, and banks ACAS, BX, ARCC, ALD, HIG, etc.

 

 

 

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#4) On April 26, 2010 at 3:14 PM, portefeuille (99.66) wrote:

(those are 150 "outperform" calls that may be interpreted as a sign of slight "bullishness", hehe ...)

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#5) On April 26, 2010 at 3:22 PM, portefeuille (99.66) wrote:

150

149

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#6) On April 26, 2010 at 11:38 PM, starbucks4ever (97.86) wrote:

porte, 

It's a bad omen to brag about one's real life trades. Gods are jealous!

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#7) On April 26, 2010 at 11:43 PM, starbucks4ever (97.86) wrote:

Also the title should read "Today could be a top". I tend to be somewhat careless with my spelling, but hopefully, it was not misunderstood.

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#8) On April 27, 2010 at 12:51 AM, portefeuille (99.66) wrote:

well, most of those calls are not related to "real life trades", so I might be fine, hehe ...

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#9) On April 27, 2010 at 12:52 AM, portefeuille (99.66) wrote:

just wanted to mention that the "bulls" were not particularly quiet at the time, they are always more or less quiet. somehow only the "bears" are constantly excited about something ...

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#10) On April 27, 2010 at 3:58 PM, outoffocus (23.56) wrote:

Looks like you might have called the lop.

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#11) On May 01, 2010 at 5:04 AM, HarryCaraysGhost (99.60) wrote:

somehow only the "bears" are constantly excited about something

LOL porte, +1 rec.

+1 rec to me for reasons I am unwilling to discuss

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#12) On May 06, 2010 at 4:50 PM, starbucks4ever (97.86) wrote:

#10,

Yes, looks like that :) 

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