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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Eman93
4,750 posts
msg #96711
- Ignore Eman93 |
10/3/2010 10:00:13 PM
I know I have been on the wrong side of this move,,, Yes the trend is a trend until it is broken...
If I were long from the bottom I might still be holding some of it... but I am not..
I feel going long at this point is just chasing,,, need to see a bust through technical resistance levels....
Your not getting any sell signals?
I am kicking but in my practice forex account long 500k USD/CAD... LOL.
Best Free Stock Charts has real time streaming charts for forex
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johnpaulca
12,036 posts
msg #96713
- Ignore johnpaulca |
10/3/2010 10:15:05 PM
E....no sell signal, not even close, we will get a pullback sometime and I'll be ready for it but until then ride the trend and don't listen to the stock Gurus, they are wrong most of the time anyways....lol.
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Eman93
4,750 posts
msg #96716
- Ignore Eman93
modified |
10/3/2010 11:31:39 PM
USD/CAD is dumping..... breaking Fridays low..... if this holds should see a gap up in SPX..... may go long above 1150... to look for a test of 1170... should get there fast with a squeeze
RUT is a buy above 680 flagging on the hourly char if we btfo... next resistance at 705ish.. lows or highs of 720. all the moving averages are in bull mode...
GLT its a new week.....
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Eman93
4,750 posts
msg #96718
- Ignore Eman93 |
10/4/2010 12:01:38 AM
OK have both sides... should see something happen one way or the other this week.
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