Eman93 4,750 posts msg #96687 - Ignore Eman93 |
10/2/2010 12:55:15 PM
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Eman93 4,750 posts msg #96688 - Ignore Eman93 |
10/2/2010 12:57:17 PM
I would think this would make a great area to go short?
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Eman93 4,750 posts msg #96689 - Ignore Eman93 modified |
10/2/2010 2:16:08 PM
Inst the old adage Trade what you see?
Can we go up more..... yes
Can we crash and burn.......yes
Thats why they call it speculation....
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Eman93 4,750 posts msg #96691 - Ignore Eman93 |
10/2/2010 2:56:05 PM
At this point in the Market you need something to push it one way or another.... BOJ to have Monetary Policy meeting OCT4 and 5th
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jrbikes 624 posts msg #96696 - Ignore jrbikes |
10/2/2010 6:04:34 PM
OH my GOSH, you found Mariano Marciano, this dude is nuts!
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Eman93 4,750 posts msg #96698 - Ignore Eman93 modified |
10/2/2010 7:30:02 PM
JR
Dont know who that is...
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Walid 130 posts msg #96703 - Ignore Walid |
10/3/2010 12:42:57 PM
Some people like to call it speculation; I call it statistical analysis and forecast. Most of our indicators are pointing down now. Contrarian indicators also are in shape for an upward move. The market can be manipulated for a while but not forever. So, can we move up more? Well, America elected Bush Jr for a second term, so I guess anything can happen; but – at least statistically speaking – when this much clouds gather above our head, rain is more likely than a sudden sun shine. I am short this market via inverse ETFs. I will add more to my position once the neckline of the inverse head and shoulder pattern on S&P (daily) has been taken out.
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Eman93 4,750 posts msg #96705 - Ignore Eman93 |
10/3/2010 6:37:18 PM
Smart money massively short the NDX, now $7.9b worth, increase of $5.2b in 1 week. Previous record was ~$4.3 billion Oct '07 and Dec '04.$$-- sentiment trader dot com
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Eman93 4,750 posts msg #96707 - Ignore Eman93 |
10/3/2010 7:02:57 PM
Walid where you been?
Yes the clouds but will it rain.. next week should clear the air..
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johnpaulca 12,036 posts msg #96708 - Ignore johnpaulca |
10/3/2010 8:03:58 PM
Trend still intact....what happened to a trend is your friend?
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