Thursday, September 10, 2015

"That Wasn't A Crash. This Is A Crash..."

Watching Emerging Markets melt down was so much fun, they decided to double down...

"Is everyone done shopping for the next leg down?"
Nasdaq down volume / up volume (15 day moving average):




The Dow is stuck in Lehman Land...What could go wrong?



Etraders, piled straight back into their favourite momentum names that monkey hammered them only a few weeks ago...Some people don't want to learn, they just want to be put out of their misery. 

As we see, Skynet is working them for their last dimes to keep this asinine overlapping rising wedge alive...



Who wouldn't want to buy this? 




Every momo stock has the same bearish rising wedge pattern, indicating someone piled back in too fast...