12 replies to this topic

[OEXCHAOS]

Yes, pretty much everything is negative, and that Head and Shoulders Top looks to be very clear.

 

Don't short it. It's a trap. I'm almost 100% sure of it.

 

Look at the massive shorting in the SH. I think we take out the neckline, and then turn right around and rally 5%.

 

[SemiBizz]

Bear Trap may morph into the Ultimate Sucker Rally...

 

In fact that's what it has been doing for a long time now...

 

I heard Arch Crawford say this morning... regarding the overall market longer term....

 

"sucks big time" and "keeps on rolling over"

 

 

[dasein]

Thanks Mark and Semi - I think Mark has it this time - be careful in any case - it is a split market.

[redfoliage2]

May be, may not.  We shall see in a few weeks.......

Edited by redfoliage2, 18 May 2016 - 09:19 AM.

[OEXCHAOS]

Bear in mind, this market could well make us both right, or wrong. :/

Still, it's damned hard to do much damage when you clog the system with this many shorts. Unclog it, and maybe we can have some fun in our Bear-suits.

 

Mark

[SemiBizz]

Arch Crawford expressed (something like)  he thinks the F'eds have some very skilled technical analysts that have a knack for turning the market right back up every time it falters...

 

[Geomean]

I think of the lyric "Shake, shake, shake" or a 40/80 day cycle bottom, but  as we move into a twenty day cycle top maybe the surfer's amongst  us will be singing "Catch a Wave (3) I you'll be sitting on top of the world"

 

https://www.youtube....h?v=CFwLp2iM73Q

[CRUISENAL]

Arch Crawford expressed (something like)  he thinks the F'eds have some very skilled technical analysts that have a knack for turning the market right back up every time it falters...

 

 

 

 

 

Where did you hear Arch  Semi???

[SemiBizz]

He was on Larry Pesavento Show 9 am ET.

[CRUISENAL]

He was on Larry Pesavento Show 9 am ET.

Thanks!