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IDS World Markets Mon 2nd March 09


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#361 Rounder

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Posted 02 March 2009 - 05:02 PM

buy on close might be worth a shot for an overnight trade. Problem is, if you're wrong it's gonna hurt like hell.



LOL... small problem. The only support on the fraudex's today was 4pm.

#362 Charmin

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Posted 02 March 2009 - 05:03 PM

151


Doc wasn't linked to the Bear Chat board before, so I wonder if the number will be much larger
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#363 unSane

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Posted 02 March 2009 - 05:04 PM

LOL... small problem. The only support on the fraudex's today was 4pm.


Strong support at the bottom of the page.

#364 BusKow

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Posted 02 March 2009 - 05:04 PM

1 & 2 day holding on to the end...thought that big ol' 10 day would crush 'em, but nit yet...

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Prudence, indeed, will dictate that governments long established should not be changed for light and and transient causes, and accordingly all experience hath shown that mankind are more disposed to suffer, which evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations , pursuing invariably the same object, evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security.

#365 Cassiopeia

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Posted 02 March 2009 - 05:06 PM

Does anyone notice that there's

no

bear

cheering

any more?

Yes. I noticed it even back around the Nov low to a lessor degree. It is strange as I had been away from the board for a long time. It was not like that before. Money can be made on sides, sure, but we are in a bear market. :blink:
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#366 Pretzel Logic

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Posted 02 March 2009 - 05:10 PM

Yes. I noticed it even back around the Nov low to a lessor degree. It is strange as I had been away from the board for a long time. It was not like that before. Money can be made on sides, sure, but we are in a bear market. :blink:


I gotta say, for me at least, making money on the bear side now no longer feels like it's discretionary, or something to put away for retirement -- it's not "fun money" in other words... it feels more like something that will be necessary for long-term survival.
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#367 psyche doctor

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Posted 02 March 2009 - 05:12 PM

I gotta say, for me at least, making money on the bear side now no longer feels like it's discretionary, or something to put away for retirement -- it's not "fun money" in other words... it feels more like something that will be necessary for long-term survival.



That's why I only sleep 3 hrs a night and trade 21.




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#368 DrStool

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Posted 02 March 2009 - 05:16 PM

Everyone realizes now how truly sad it is to have been right all along. Back in the early days of the turn we were all giddy that finally we would be proven right. It's different now.

What amazes me is how much bottom picking is going on.

When I posted that chart of OIH a few weeks back I was bearish on it because it had come up to the long term downtrend line and had exhausted its upside potential on most cycles. Yet 3/4 of stoolies felt the chart was bullish. Even most bears are bulls under the surface, especially if it involves energy.

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#369 PyurAureo

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Posted 02 March 2009 - 05:34 PM

?

#370 DrStool

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Posted 02 March 2009 - 05:38 PM

SPY had a bad tick of 7.60.

Bad ticks always get revisited. :lol:

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