BobVanders
Short

Bearish Kraken Wedge

INDEX:DOWI   DOW Industrials
Aside from the obvious Kraken that will bring doom to the world, we're in what appears to be the apex of an ascending wedge , so a break down out of the wedge should open up some tradeable move, we've come up relentlessly on low volume . I'm hesitant to enter long positions here even if we break up. I'd feel more comfortable thinking about long positions after a significant pullback.
LULZ
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Awesome Drawing. That looks like something BullCrazy would draw.
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Paste these to "spidercrunch" on chat :D

Moody's Investment Grade Companies Downgraded to Junk

Q1 2016: 44
Q1 2015: 9
Q1 2009: 32

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% of Junk Bonds trading at Distressed Levels

2015: 20.1%*
2013: 11.2%
2011: 16.8%
2009: 23.2%

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Number of US Companies rated AAA

2016: 2
2015: 3
2014: 4
2013: 7
2012: 7
2011: 9
2010: 27
2009: 41
2008: 43
2007: 55
2006: 54
2005: 53

Bloomberg
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+1 Reply
That Spider guy does'nt seem too wise.....
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