Comments on: Reversal Day a Rare Delight for Bears http://www.rickackerman.com/2010/03/reversal-day-a-rare-delight-for-bears/ Trading Newsletter for Gold, Silver, Stocks and Mini Indexes Mon, 13 Feb 2012 11:15:09 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: Rich http://www.rickackerman.com/2010/03/reversal-day-a-rare-delight-for-bears/comment-page-1/#comment-4677 Rich Mon, 15 Mar 2010 13:13:30 +0000 http://www.rickackerman.com/?p=15028#comment-4677 Aloha All Interesting day pending in el mercado. Citigroup becoming a player gunning WMT and SPX. Moody's, having closed the barn door after Subprimes got out, now won't let the Sovereigns in. And a paucity of poor Prius proof presented professionals. Perhaps a wild day in the markets. Planning to enjoy the roller coaster, more shorts than longs. Regards*Rich ps: Implied volatilies opend high then collapsed as market uptrend resumed. Bot some GE Puts on the rally - it's above its Bollinger Bands, 2 and 3 SD... Aloha All
Interesting day pending in el mercado.
Citigroup becoming a player gunning WMT and SPX.
Moody’s, having closed the barn door after Subprimes got out,
now won’t let the Sovereigns in.
And a paucity of poor Prius proof presented professionals.
Perhaps a wild day in the markets.
Planning to enjoy the roller coaster, more shorts than longs.
Regards*Rich

ps: Implied volatilies opend high then collapsed as market uptrend resumed.
Bot some GE Puts on the rally – it’s above its Bollinger Bands, 2 and 3 SD…

]]> By: mario cavolo http://www.rickackerman.com/2010/03/reversal-day-a-rare-delight-for-bears/comment-page-1/#comment-4674 mario cavolo Mon, 15 Mar 2010 03:20:06 +0000 http://www.rickackerman.com/?p=15028#comment-4674 Speaking of stock market reversal days Rick, a recent news article here is headlined "China orders reporters trained in Marxist theory (March 11, 2010, AP) Huh, what's that? Well lets skip long winded analysis and get right to the juicy key point and meaning: The South China Morning Post reported Thursday that Li Dongdong, deputy director of the General Administration of Press and Publication, said some reporters, blah, blah, blah.....here it comes boys: BECAUSE " Communist theories of journalism say media should serve the leadership and not undermine its initiatives." WOW. That's a COMMUNIST MARXIST idea regarding the role of the media and how it reports on government and market affairs? I love the way the Chinese just come right out and say the truth, that the media MUST be biased to serve the country (or markets or whatever), whereas in the west everyone's trying to make believe the media is not biased in the manner it serves up the news. It must be my imagination, for example, that I've spent the past three weeks watching a splendid synchronized corporate, public and media org PR blitz on the rocketing price of energy creating every nuanced chance possible to trade up the price of oil when demand for the slimy stuff is flat at best. ...oh yea, about that reversal day... Cheers, Mario &&&&&& <em>The op-ed page and Letters to the Editor are where the main differences will occur between your basic commie newspapers and U.S. newspapers. Personally, I'll take heavily biased U.S. newspapers written and edited by Ivy League elitists any day over The Peking Daily.</em> <strong>RA</strong> Speaking of stock market reversal days Rick, a recent news article here is headlined
“China orders reporters trained in Marxist theory (March 11, 2010, AP)

Huh, what’s that?

Well lets skip long winded analysis and get right to the juicy key point and meaning:

The South China Morning Post reported Thursday that Li Dongdong, deputy director of the General Administration of Press and Publication, said some reporters, blah, blah, blah…..here it comes boys:

BECAUSE ” Communist theories of journalism say media should serve the leadership and not undermine its initiatives.”

WOW. That’s a COMMUNIST MARXIST idea regarding the role of the media and how it reports on government and market affairs? I love the way the Chinese just come right out and say the truth, that the media MUST be biased to serve the country (or markets or whatever), whereas in the west everyone’s trying to make believe the media is not biased in the manner it serves up the news.

It must be my imagination, for example, that I’ve spent the past three weeks watching a splendid synchronized corporate, public and media org PR blitz on the rocketing price of energy creating every nuanced chance possible to trade up the price of oil when demand for the slimy stuff is flat at best.

…oh yea, about that reversal day…

Cheers, Mario

&&&&&&

The op-ed page and Letters to the Editor are where the main differences will occur between your basic commie newspapers and U.S. newspapers. Personally, I’ll take heavily biased U.S. newspapers written and edited by Ivy League elitists any day over The Peking Daily. RA

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