This just in folks. In case you haven’t noticed, anybody long in today’s tape got absolutely killed. Of course, the market was led lower by financials and materials. Rim announced some bad news which didn’t help the Nasdaq and generally overall the market was held hostage by some short selling fuckery.Of course, there is always some bozo financial expert coming on TV telling people that this is an opportunity to invest. Investing in this market like playing russian roulette, with a loaded revolver, and the guy to the right of you just blew his brains all over the table. Your turn? What’s the matter? Come on! It's an opportunity... don't you see?
The market today looks absolutely wrecked. No buyers. Shorts are piling on. And everyday there’s another fraud being uncovered (today it was Stanford Financial). Nobody has any conviction or confidence anymore. And I don't blame them one bit.
Folks, this is Johnny Newsmaker signing off. We now return you to your regularly scheduled programming… "Kids, Klowns, Karnivals and Kurrency" only on Ranting-TV…
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