Wednesday, June 4, 2014

Hey, remember when QQQ weakness was a portent of something or other?

Hey, remember when the horrible weakness in the Nasdaq was proof that the US market was topping? Y'know, a crash was imminent, all that jazz?

Whatever happened with that?

You know, that QQQ weakness that was ironclad fucking proof that the SPY was grossly overvalued, and its time would come, and with that the US markets would collapse?

So have you unsubscribed from all the worthless blogs and newsletters that blathered on about the weakness in the Nasdaq? Y'know, the guys who denied there was a simple internal rotation going on, that really the weakness was indicative of a top?

Because if they got that fucking call wrong you can just ignore them from now on.

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