Tuesday, April 15, 2014

The Next 10 Trading Sessions

Murderer's Row.....Most of the Fantasy Valuation Stock's (FVS's) report during this period. Wall Street will see if there are anymore suckers left. They will spin it as best they can. We like to call their earnings valuations "PB Ratio" instead of "PE Ratio". PB stands for Price Bitcoin Ratio. If their dog and pony show is convincing enough, this party might continue. We can't imagine professional money managers really buy this stuff; however, maybe they think the public can be duped for more cash. It is really primed for a smash. Almost all the shorts are scared to death to play anymore. The Bulls are living on pure hope right now or greed is clouding their judgment. It can go higher - we wouldn't bet on it.

We are not afraid to short. According to our market scans, it looks like others are waiting in the wings. It is "sell the rips " not "buy the dips".