Nasdaq is broken.... 1900 will be hit in a couple of weeks
A monster H&S forming on the Dow is telling us the true story....
1150-1120 SPX - 10200/10000 DOW
and last but not least....because I am short
Insider
IT'S OVER
Started by
Insider
, Feb 06 2008 11:55 AM
31 replies to this topic
#12
beardown
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Posted 06 February 2008 - 01:18 PM
I`m taking the other side 
#13
Insider
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Posted 06 February 2008 - 01:19 PM
Repetita iuvant....
Insider
Insider
#14
pdx5
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I want return OF my money more than return ON my money
Posted 06 February 2008 - 01:29 PM
Classic dead cat bounce today in a classic bear market.
Fasten the parachute belt.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#15
KnowNuttin2
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Posted 06 February 2008 - 01:31 PM
Nasdaq is broken.... 1900 will be hit in a couple of weeks
A monster H&S forming on the Dow is telling us the true story....
1150-1120 SPX - 10200/10000 DOW
and last but not least....because I am short
Insider
Insider...If we get down to 2050-2000 on $COMPQ it would be a massive buy! Don't know if we get there but I'm READY for the 2006 lows in this index. Take a look at your charts. Best NK2
#16
Rogerdodger
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Posted 06 February 2008 - 01:39 PM
Thanks. We pulled right up to the resistance I was watching from yesterday.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#17
Mr Dev
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Posted 06 February 2008 - 01:47 PM
ECB will cut the rates tomorrow, it is impossible to expect a sizeable decline for tomorrow. Maybe it will go to down 1150 on Friday.
good point. and 45m before anything from the ECB
you have the BOE announcing,... and likely cutting rates.
Why likely ...cuz the feds will likely ask them to in order to stabilize markets?
Hmm hate to be to short anything on rate related pump days,...just to much volatility.
If volatility becomes Overbought ...it is often used as a sign to lift the markets while it pullsback.
something to watch for sure.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#18
redfoliage2
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Posted 06 February 2008 - 01:56 PM
What about tomorrow it does not cut as hoped?ECB will cut the rates tomorrow, it is impossible to expect a sizeable decline for tomorrow. Maybe it will go to down 1150 on Friday.
Edited by redfoliage2, 06 February 2008 - 01:56 PM.
#19
Mr Dev
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Posted 06 February 2008 - 01:59 PM
What about tomorrow it does not cut as hoped?ECB will cut the rates tomorrow, it is impossible to expect a sizeable decline for tomorrow. Maybe it will go to down 1150 on Friday.
well that could be a good time to increase an already short position, but what if they don' and that
is magically interpreted as positive by the markets...ie no panic.
hmm we never really know..
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#20
Insider
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Posted 06 February 2008 - 02:14 PM
ECB will not cut interest rates tomorrow
100% sure
Insider
