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Dow 20,000


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#1 libertas

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Posted 06 January 2017 - 11:49 AM

OK, so there are guys walking around with red hats. But there are any number of outfits (Citadel, GS, etc.) who can move the Dow 50 points in a few seconds at no cost to themselves. Why aren't they doing so? Why have they not done so?



#2 SemiBizz

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Posted 06 January 2017 - 12:09 PM

You mean -  why didn't they blast it over when we were at 19,98X the other day?

 

So they could DUMP MORE....

 

and they did, but this morning there's no sellers at 19,900.

 

So virtually everyone expects 20K to be tested now...


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#3 redfoliage2

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Posted 06 January 2017 - 12:12 PM

It's a bait for a greyhound race ..............................................



#4 SemiBizz

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Posted 06 January 2017 - 12:27 PM

It's going to be such a letdown when 20K is tested... because what is there to look forward to?  30K, 50K, 600K ???


Edited by SemiBizz, 06 January 2017 - 12:27 PM.

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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#5 libertas

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Posted 06 January 2017 - 12:30 PM

3K?



#6 libertas

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Posted 06 January 2017 - 12:37 PM

ah c'mon. 2.40 away. Are you kidding me?



#7 SemiBizz

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Posted 06 January 2017 - 12:40 PM

See, they are good.  Got to give us the "illusion of resistance" at 20,000...

 

Whenever they are ready, they will come back and crush it on a jump the creek move... 5 min. 5 hours, 5 days or 5 weeks from now, whenever....


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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#8 libertas

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Posted 06 January 2017 - 12:50 PM

I know they are good. I just calculated, I have 0.06% of my portfolio allocated to the stock market. I don't like being f****d with.



#9 libertas

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Posted 06 January 2017 - 12:54 PM

On the other hand, when this bubble pops, being short will be the opportunity of a lifetime. So I watch carefully.



#10 SemiBizz

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Posted 06 January 2017 - 12:58 PM

19999.63

 

See they can stop on a dime... well 37 cts anyway...


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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics