Monday, May 18, 2009

CPT and Me

The fundamental characteristic difference between Crash Prevention Team and me is simple. I manage and wait till the other side runs out of ammo... Unlike PPT, CPT is impatient, uneducated and fool. They think they can manipulate major trend shifts by gunning shorts in small time frames but the market knows what coming in next quarters. They are wasting tax-payer's hard earned money by helping stupid eager incompetent fat cats getting fat, by preventing the market forces, discounting mechanism of the efficient markets to do their work. The end will be horrendous.

Last night, futures rallied after brief breakdown and cash market opened within the channel I was expecting to be broken today... this caused more quant squeeze... the longer this process takes, the stronger the sell off will be.

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