crooked_analyst Posted March 21, 2003 Report Share Posted March 21, 2003 OYSTER First off want to say PROPS TO YOU, you are not only a class act, but a very impressive trader. Im not sure what charts, graphs, software etc you use, but you are clearly the man to follow, watch, learn from here. I just wanted to thank you for your efforts to keep us informed, I just cant keep up with your swift moves... Was nice to see your cycles calling for a topping, as they confirm my 27.43 QQQ top, and 1423 NASGAP top as well. We have to see a minimal pullback of 38 or 50% of this move. On Q's, that puts us around (27.14 less 23.53) 25.34 ish.... a 50% fibo pullback Should be some more bad earnings warnings nigh... Speaking of class acts...welcome back, SG. You hung your ass out there for all to see and didn't waiver. Keep the posts coming. Link to comment Share on other sites More sharing options...
simple guy Posted March 21, 2003 Report Share Posted March 21, 2003 im STILL watching 1423 and 27.43 as mentioned numerous times for past week or so... Fundamentals underneath the economy are declining very very fast.... deflation is starting to finally hit consumer sector, 2/3 of GDP Markets do what they want, bear rallies are always fast, sharp, quick.... everyone bails right at the top... Im a stubborn mule, but I got plenty of equity and profit from Dec highs, so doesnt matter much to me, I can tolerate pain moreso than most... If she blows past 27.43, we head to 30 on Q's Link to comment Share on other sites More sharing options...
Oyster Posted March 21, 2003 Report Share Posted March 21, 2003 OYSTER First off want to say PROPS TO YOU, you are not only a class act, but a very impressive trader. Im not sure what charts, graphs, software etc you use, but you are clearly the man to follow, watch, learn from here. I just wanted to thank you for your efforts to keep us informed, I just cant keep up with your swift moves... Was nice to see your cycles calling for a topping, as they confirm my 27.43 QQQ top, and 1423 NASGAP top as well. We have to see a minimal pullback of 38 or 50% of this move. On Q's, that puts us around (27.14 less 23.53) 25.34 ish.... a 50% fibo pullback Should be some more bad earnings warnings nigh... SG...many thx......and I am glad you are still around here......because also good to follow this is only one cycle which move down now into October..... the other 2 I follow 1st tops near here 2nd is up into May I suspect we are near to topping here....where we have seen most of the gains into May in the last week.......we then see a setback higher low and then another move to highs in May....the other way is we go straight down and do not touch the sides.....both at the moment look for pullback near here hopefully. Link to comment Share on other sites More sharing options...
Madame Wrecked Him Posted March 21, 2003 Report Share Posted March 21, 2003 Maria says traders are targeting 909 on S&P..........She looks a little extra chipper this morning. Oh yes, it's those "traders" again. :grin: Link to comment Share on other sites More sharing options...
Bearman Posted March 21, 2003 Report Share Posted March 21, 2003 100 pts gain s-pee since mar 12 maddness Link to comment Share on other sites More sharing options...
soup Posted March 21, 2003 Report Share Posted March 21, 2003 would/could someone please explain to this mental midget, how in the world MU is still in business? How many quarters can a company bleed before the patient dies? Link to comment Share on other sites More sharing options...
soup Posted March 21, 2003 Report Share Posted March 21, 2003 just added a short on globex, maybe insane, but I ususally feel the need to fade the crowd, often at my own peril Link to comment Share on other sites More sharing options...
chiefywiefy Posted March 21, 2003 Report Share Posted March 21, 2003 I'm getting the feeling that any "retrace" is simply going to be a sideways pattern. Shorts trying to time the top keep getting blown out and those shorts on the sideline are to shellshocked to come back in. Where is the selling from this madness going to come from? I'll wait for a failed retest of a top or a reversal day to short. Link to comment Share on other sites More sharing options...
Guest bidhitter Posted March 21, 2003 Report Share Posted March 21, 2003 Soup...by all means whack ebay up over 90 Link to comment Share on other sites More sharing options...
soup Posted March 21, 2003 Report Share Posted March 21, 2003 bid: gave up on ebay quite a few points ago. THat pos is up almost 20 points in less than 2 weeks, inet bubble anyone? Link to comment Share on other sites More sharing options...
simple guy Posted March 21, 2003 Report Share Posted March 21, 2003 Momentum, Stochastics, RSI... higher now than Jan 10 NOTE THE GAPS IN THE 24.30 AREA!!! Link to comment Share on other sites More sharing options...
Drano Posted March 21, 2003 Report Share Posted March 21, 2003 Maria says traders are targeting 909 on S&P..........She looks a little extra chipper this morning. Oh yes, it's those "traders" again. :grin: Sorry, I just can't agree. It's being bought by Bargain Hunters! Link to comment Share on other sites More sharing options...
DrStool Posted March 21, 2003 Report Share Posted March 21, 2003 Pre Market update in your Anals. This will be replayed in Stooltrading at 9:25. Link to comment Share on other sites More sharing options...
strikerm3 Posted March 21, 2003 Report Share Posted March 21, 2003 When on earth is Iraq going to launch an offensive? It will have to be this weekend right? I will not go long into this weekend, no way. Link to comment Share on other sites More sharing options...
Guest Grizzly Bear Posted March 21, 2003 Report Share Posted March 21, 2003 Futures up big... It appears that the wise guys use overnight jams either way to set up key reversals. I have noticed that whenever there is a major double-digit move that seem to come from nowhere, it is often a signal that the wise guys are setting up an outside reversal day in the opposite direction. So...whenever the futures are up big--be looking for a daily leg top and reversal down. Conversely, whenever the futures are down big, be on the lookout for a daily low setup and reversal to upside for key reversal day. Makes sense to me that they would try to stretch their longs with upside jam, and stretch their shorts with the opposite. Link to comment Share on other sites More sharing options...
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