Originally Posted by
Big Ben
Havpaper Champ...few things my cherry picking friend. 10% intra day correction I was referring to was the S&P 500/Dow. It has already happened and will continue to happen, especially when core prices rose and jobless claims "UN-Expectedly" rose. No one is hiring, period. Please don't give me a reference to your small niche town and reference some small company thats hiring forklift drivers, lol. As for the dead money paragraph please go and reread it, I gave charts and specific time framed examples of when it was dormant, your analysis of when it went from dead to back in play was, just after my post, which I am taking credit for, ty. You can't cherry pick info from a paragraph and make reference from it....it makes you sound a little...how do you say dumb, nicely?
As for last night, Asia was flat to down, Europe was flat to up and after our numbers just got released they started trending down. On my streamer all of the shorts are leading today, FXP and FAZ are very nice contrarian plays on the market when things look to be going down. I also wanted to note I heard from a large hedge fund the exact same reference I have been screaming....have some shorts, use ETF's, their are tons of people making tons of money on the down days, this market is not like it used to be, you can go from bullish to bearish a few times a day. Don't just be long stocks...its a sucker bet.
Good luck today,
Big Ben
Siri just move into the green 1c.