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short again for the low next week


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#1 opinionated

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Posted 22 June 2012 - 10:11 AM

But next week looking for 1280ish Good trades all O

#2 TechMan

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Posted 22 June 2012 - 02:43 PM

It seems that whenever we see words like "C word" or "Crash" posted here, the market rallies. :=)

#3 opinionated

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Posted 22 June 2012 - 05:56 PM

YUP! I should have known better, to many looking for it as usual. Operation TWIST and put buyers covering. I heard the isee numbers were 63 actually higher than yesterday. I am just honestly amazed the economic data the last few weeks then across the pond that anyone is willing to buy, but then again I suppose they know the printing presses will rescue them. O

#4 TechMan

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Posted 22 June 2012 - 07:40 PM

Yeah, OP, tow things I'm most afraid of - crash calls and too many people agreeing with you.

#5 DrSP

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Posted 22 June 2012 - 08:13 PM

Keith, Good luck trading to you!

Yeah, OP, tow things I'm most afraid of - crash calls and too many people agreeing with you.


Techman, I believe the bears are salivating at a crash because of what happened in summer of 2010 and 2011. While a crash may still be possible, but can all of these bears time the crash? I doubt it.
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.

#6 TechMan

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Posted 22 June 2012 - 08:35 PM

Techman, I believe the bears are salivating at a crash because of what happened in summer of 2010 and 2011. While a crash may still be possible, but can all of these bears time the crash? I doubt it.


Looking in the rear view mirror while driving may be hazardous.

Like I said, if you're just making contact to try to get on base first, you'd end up hitting homeruns sometimes. But if you're always swinging for the fences, you'd get struck out more often than not. Just keep trading the market.

#7 Mr Dev

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Posted 25 June 2012 - 10:01 AM

Techman i agree with you in general regarding message boards and crash calls, but i haven't made a crash call since a week before the Flash Crash

and i did call it to the day. Here im not calling it to the day.. but i see a dramatic drop ready to take place.. with the markets starting down

-1.6 to -1.8% here Monday morning or -180 for the DOW is certainly supporting what im reporting compared to the general contrarian view again crash

callers. also i've posted an opposing view to those that fell we grind lower.. as i stated i dont feel we would have a slow long term grind, i'm more bullish on

the markets than that. see Market Thought Warning for my UPDATE :bowtie:

Edited by Mr Dev, 25 June 2012 - 10:05 AM.


.. .. ..
Mr Dev

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