(If you want to skip the rant and the foul language there are two good links at the bottom) -
At some point you just want to throw up your hands and yell out WTF! When is this bullshit gonna end? So did you notice another 3:30 rally? A note to the manipulators, if you are gonna do it let's get back to the good 'ol days of 300 point moves in the last 30min and no one will complain any more. At least make them tradeable.
Let me preface this piece by saying that I am content and have been playing both the long and short side of the market as noted here, so I am not a frustrated permabear investor. I am a frustrated American that has the common sense to see thru the wafting green cloud of stench that has been laid to throw the scent of the hounds chasing the prey.
CNBS and the multitude of manipulated rags around the country are simply screwing the average investor. Over the past few weeks talking to individuals (lawyers, doctors, professionals) around town I get the impression that they (90%) HAVE NO FREAKING CLUE that we are about to get our asses handed to us. I try to tell them we are screwed and they look at me like WTF Shanky, go sniff some more glue and suck down two more 5hr energy drinks and leave me alone you hyper foul mouthed freak. They say Cudlow said this, Cramer says that and my advisor just loaded me up on some AAPL, its gonna be great! OMFG, soot me now (that is if you can get any more ammo cause there is a reason people are buying the hell out of it).
Why the fuck are people so damn stupid? I know that is a stupid question, but one worth asking anyway. Well dear reader, you are NOT stupid because YOU READ, YOU HAVE A DESIRE TO SUCCEED, and YOU WANT TO BE INVOLVED. Congratufuckinglations, you are in the 1% of the people I actually respect on this planet. You care about your family and education and success and to some degree proper moral ethics. It is the stupid ass MF's that sit on their asses and take things for granted (and I'm not picking on those on welfare here) that are spoon fed bullshit news and only want to hear and believe the positive spin that dominate our society that have life on cruise control are getting ready to have the wakeup call of a lifetime.
Well folks, the land of the "FREE" is about to become the land of the "EXPENSIVE". The free ride is over. The rally is almost toast then to deflation and then inflation. They have pulled off this pumped and dumped, short squeezed, dilution filled, accounting frauded, PPTed driven rally and have the sheeple believing in "change" again. Boy is this gonna hurt. Like a 10ft enema sans KY I tell ya.
Ignorance is bliss! ROF LMAO. Ignorance is gonna take it up the ass and like it! Not me and not you baby! We give a damn and as bad as things get at least we, the ones that attempt to see thru the green shits, have a chance to put on our protection so we won't get the governments STD's. At least well have the KY in hand when they come tax our carbon foot print.
Glad I got that off my chest. Thanks.
Now, The Big Picture has a great post on "How to Fix Financial Television" that you need to read and participate in the comment section.
And Tyler at ZH has this evidence to document the PPT player JPM jacking up the market today. Sad when they don't even bother to hide it anymore.
UPDATED LINK - What really pissed me off today was Obinhood telling the Supreme court to go to hell and like it in the Chrysler case. This is really bad and indicative of times to come. From ZH - Richard Mourdock's Take On The SCOTUS Decision
CPC cracked downtrend line today.