Thread: Bad Santa....

Ya, Where is our HOHOHO RALLY

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I'm thinking Santa has opted for a warm weather vacation in the Caymans and is sipping mai tai's on the beach with Mrs. Claus on our dime...very bad Santa!

I think the Santa Rally is about to turn into a Santa Retreat! The bear has re-awakened.

No....more encouraging please. ;-)

Originally Posted by Tsunami

I think the Santa Rally is about to turn into a Santa Retreat! The bear has re-awakened.

easy come, easy go. ho ho ho.

Originally Posted by kb9nvh

No....more encouraging please. ;-)

Well, if the 2020-25 area holds tomorrow then there is hope, but there has been way too much "hope" for a Santa rally in the news lately. Hope doesn't make the market goes up, reality does, and reality shows that economies are rolling over into a recession right as the Fed has started a rate raising campaign. As somebody commented on financialsense.com, this Fed move might go down as the dumbest in history. I see the futures have already crumbled to 2025. For those still in stocks, I hope it's just a wave 2 low in that area and reverses straight up tomorrow. I don't expect that though, the technicals are set up perfectly for a big drop.

It looks like all I can expect is some coal in my stocking. I've been a good boy but Santa doesn't care.

Lump-Coal.jpg

I'm not leaving out milk and cookies for that SOB. Maybe an ecoli laced Chipotle burrito.

I'm not putting jackshit back into this market until it shows some clear up direction this is BS

Well, THAT was a horrible ending to the day and week...