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this initial fissure after a played out looking top is very encouraging. I am still up to my eye-balls in BEARX. Will add aggressive shorts on next obligatory hoper bounce.

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I doubt MSFT will rally. Tough fibo resistance above. Overbought.

 

monthly

 

engine.asp?skin=marketscreen&split=1&pri=&time=&cname=&lcprice=&symbol=msft&indicator=1,13,,;32,5,3,3;34,,,&dur=5y&freq=2&intr=&type=4&width=480&height=360

 

CMAPS show some potential leeway, though.

 

ROCK ON!

 

bearpic.gif

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Tanks Doc, Trying to decide whether to hold or take off my second half position ES short this morning from 928. I guess anywhere in here is good. Jeez, Tanks Doc, another great trade using the Stooltrader!!

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Anybody else wonder where Merciless disappeared to? Kinda makes you wonder if some tough Chicago guy mugged him for that briefcase full of Krugerrands and Merci is now speculating on cement futures with Jimmy Hoffa......

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I guess I should change the name to Stooltrader. People keep using it.

 

I can see the advertising now.

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AgentSmith...........

 

Re: AMZN and its abiltiy or non ability to be shorted....simply place a sell short order somewhere above the current ask and you will quickly learn whether or not shares are available through your broker. They should come back with "on hard to borrow list" or "no shares available" if you cant short it. If they are not available, doesnt make sense in tracking it anymore.

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Thought y'all would enjoy this chart. It overlaps the NAS bear market with the Dow of the Depression era... its uncannily accurate.

 

points to NAS 500 to 600 or so as the bottom... and the turn is imminent...

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Just took a position in AGF Managed Futures fund- paying AGF to play fuk-u-tures long and short in commode-ditties. Will let you know if it was a big phat mistake or not.

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Unable to load chart, must be too big a file. Dont know how to reduce it, if someone knows how, let me know. Trust me, you want to see this...

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Unable to load chart, must be too big a file.  Dont know how to reduce it, if someone knows how, let me know.  Trust me, you want to see this...

You're absolutely right, SG. Why don't you simply post the link?

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