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Stampeeeeede!!!
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Stampeeeeede!!!

Stampeeeeede!!!

by The MoleApril 2, 2009

UPDATE 10:00am EDT: There ya go – the bulls are out of the gate:

I saw some of you rats trying to short this sucker and thought to myself ‘I hope they get out quickly’. I guess we’re having the Blue Plate Special today. If 830 doesn’t hold next stop is the 850 – 860 region – watch that long term diagonal, which I will explain shortly. After that we’ve got 880, which is roughly the 23.6% fib line of Primary {1} of Cycle wave c.

UPDATE 10:19am EDT: You guys need to read thisBarry Ritholtz and IRA have been investigating AIG and allegedly found a lot of dirty laundry. The first link is K.D.’s interpretation and the second one is to Barry’s original.

UPDATE 10:34am EDT: Okay, I promised to explain that diagonal – I have it right here:

Oh, and just to rub it in – Zero subscribers just enjoyed that little drop to the downside. Perfect entry & exit 🙂

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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