MrHanky Posted January 29, 2010 Report Posted January 29, 2010 We might bounce,but traders just looking for a place to get out.....
MrHanky Posted January 29, 2010 Author Report Posted January 29, 2010 CNBS....Bull market is not over OOOOfffaaaa
MrHanky Posted January 29, 2010 Author Report Posted January 29, 2010 AH yesterday,douchebag traders were paying over 30 for Mr Softie Barely held 28 today. Lots of damage done today.......
Grand Poopercycle Posted January 29, 2010 Report Posted January 29, 2010 'Butkis bearish' next month or so. 'Butkis, Ditka, Sayers and Payton bearish' by this summer.
Drano Posted January 29, 2010 Report Posted January 29, 2010 Didja notice it was the Battle of Hastings on SPX again today? Down 10.66
DrStool Posted January 29, 2010 Report Posted January 29, 2010 I was gonna say this afternoon that it looks like we are gonna have to refight the Battle of Hastings, but I didn't think this would be how.
Grand Poopercycle Posted January 29, 2010 Report Posted January 29, 2010 Speaking of ignorant assholes....... www.smartmoney.com/investing/short-term-investing/four-more-years-of-ben/
Jimi Posted January 29, 2010 Report Posted January 29, 2010 Speaking of ignorant assholes....... www.smartmoney.com/investing/short-term-investing/four-more-years-of-ben/ I have a boot I'd like Luskin to house internally for rest of his life.
Drano Posted January 29, 2010 Report Posted January 29, 2010 Speaking of ignorant assholes....... www.smartmoney.com/investing/short-term-investing/four-more-years-of-ben/ I know how 4 more years makes me feel...
Drano Posted January 29, 2010 Report Posted January 29, 2010 Well, now that I've actually read that article, I'm wondering whether I have to sign up for the SmartMoney account so I can reply, or if I should just drive over to my locally-owned hardware store to buy a pitchfork. I hope some people with accounts over there tear him a new, or preferably several, new ones....
Drano Posted January 29, 2010 Report Posted January 29, 2010 AMZN moves back up, AAPL moves back down in the afterlife.
Drano Posted January 29, 2010 Report Posted January 29, 2010 You know, the Dow is down only half as much as the SPX, in %. And down 1/3 as much as the Q's. Headline painting for the weekend? or are the Dow megacraps genuinely less vulnerable to a correction?
fxfox Posted January 29, 2010 Report Posted January 29, 2010 Lemur, i posted that EUR/USD chart with fib extension only to show that it is not the best place to go short. When I read that you did go short right at the fib extension i thought: "Oh oh, that boy gets into trouble". What you said about fibos is correct, there is always a fibo somewhere , but when EUR/USD is already more than 100 pips below its day high and it is late friday afternoon then why not say: "ok, here i have that fib extension, I close my short and go into weekend". Fibs are guides, as well as pivot/res/sup, nothing more. It looked like for me that you wanted to chase a move "EUR/USD must go down, because I say it" and from my own expereince in the past I can tell you that almost always when I tried to chase a move I got kicked in the ass. So I only tried to help. But that you dont respect trendlines, I mean wow, you are rejecting one of the core values of trading!
swordfish Posted January 29, 2010 Report Posted January 29, 2010 Do you see a difference? My chart (10 minutes ago) http://www.bankfotek.pl/image/519514.jpeg Song Mun chart, polish trader, Jan 26 (already posted two days ago, here on IDS or M2M, this is to remind thing) http://www.bankfotek.pl/image/519516.jpeg source: http://songmun.blox.pl/2010/01/Czyzby-zmiana-trendu.html original pic: http://songmun.blox.pl/resource/SP500_intra_structure.png
swordfish Posted January 29, 2010 Report Posted January 29, 2010 Lemur, i posted that EUR/USD chart with fib extension only to show that it is not the best place to go short. When I read that you did go short right at the fib extension i thought: "Oh oh, that boy gets into trouble". What you said about fibos is correct, there is always a fibo somewhere , but when EUR/USD is already more than 100 pips below its day high and it is late friday afternoon then why not say: "ok, here i have that fib extension, I close my short and go into weekend". Fibs are guides, as well as pivot/res/sup, nothing more. It looked like for me that you wanted to chase a move "EUR/USD must go down, because I say it" and from my own expereince in the past I can tell you that almost always when I tried to chase a move I got kicked in the ass. So I only tried to help. But that you dont respect trendlines, I mean wow, you are rejecting one of the core values of trading! thanks for fib, you should post more often!
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