For me and Alphas Edge, this is a week of wet dreams; it is all about earnings and economic data. As many of you know, I am still holding to my Goldman Sachs Jan 2011 75 puts and my Bank of America Jan 2011 7.50 puts. So, maybe Goldman will disappoint on Tuesday, although I’m not expecting them to. Simply put, Goldman is the best bullshiter there is. […]

Price per future earnings is blurry and unrealistic. My gut tells me we are about to retest the lows of March. If as we start to retesting the economy starts to freeze again, breaking those lows are a very realistic possibility. We are near 8000, but if we break to 7800 after Goldman’s earnings July 14, look out below. […]

find it so hilarious that only now people are realizing the stock market is 100% manipulated by insiders. How many times did I go out of my way to warn others to get the fuck out of the market right before a big drop…countless. Did you think I was Ms Cleo with a big black 8 ball? Hell no, I just used simple logic to guess what way the market would go. I basically said to myself…if I was a greedy banker working at Goldman sacsofshit and didn’t give a dam about society, what way would I move the market. It’s not hard really…if the manipulators are all in…than you know that they can only make real money betting on a correction and then selling…if the manipulators are all out…than you know the opposite is true. Yes, it is really that simple…have a bunch of account with a few identical programs that buy/sell stocks incrementally based on delta volume increase or decrease and a shit load of capital that is 51% of the float and NO ONE can stop you. […]