Now the downfall will happen. We should end down strong today.
Top is in.
Started by
stocktrender
, Apr 15 2010 09:50 AM
22 replies to this topic
#2
selecto
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Posted 15 April 2010 - 10:00 AM
Oh, come on!
If you are going to make a call like that,
you really need to express the underlying
technical reasons, maybe even break out
a chart.
#3
punter
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Posted 15 April 2010 - 10:04 AM
Oh, come on!
If you are going to make a call like that,
you really need to express the underlying
technical reasons, maybe even break out
a chart.
There's no top. Not yet. Don't fight the trend.
Keep Calm and be Long
My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!
#4
NAV
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Posted 15 April 2010 - 10:06 AM
Let there be light and there was... 
#5
zoropb
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Posted 15 April 2010 - 10:14 AM
Time frame?Now the downfall will happen. We should end down strong today.
for the day, for the week, for the month, thanks in advance
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#6
stocktrender
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Posted 15 April 2010 - 10:16 AM
I made my technical reasoning yesterday. Not going to type it all out again. A few weeks. 10 % fall minimum. Maybe more. Minimal fall should be 8%. Usually at least 10% though.Time frame?Now the downfall will happen. We should end down strong today.
for the day, for the week, for the month, thanks in advance
#7
draggen33
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Posted 15 April 2010 - 10:19 AM
In all honesty the top will be in one day !!
It could be today !!
My reasons , don't really seem to matter , yet come on we are over extended , and Ill use sy hardings 2nd yr pres thing we are due for a big correction in unfavorable season then a 50% push higher.
Come on guys 14% on $RUT in 2 months thats a bit to much without seeing a pull back
http://www.streetsma....com/comm4.html
To be fair Im in july $7 calls on TZA , underwater as of two days ago , yet Im in it
It could be today !!
My reasons , don't really seem to matter , yet come on we are over extended , and Ill use sy hardings 2nd yr pres thing we are due for a big correction in unfavorable season then a 50% push higher.
Come on guys 14% on $RUT in 2 months thats a bit to much without seeing a pull back
http://www.streetsma....com/comm4.html
To be fair Im in july $7 calls on TZA , underwater as of two days ago , yet Im in it
#8
tommyt
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Posted 15 April 2010 - 10:43 AM
today a rest day...expect a nice gap tomorrow with the next big earnings...still holding premium and not makin much.
#9
uburack
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Posted 15 April 2010 - 10:44 AM
In all honesty the top will be in one day !!
It could be today !!
To be fair Im in july $7 calls on TZA , underwater as of two days ago , yet Im in it
Why TZA? Are smallcaps particularly vulnerable to a correction? What is the underlying for tZA?
Thanks in advance.
John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.
#10
stocktrender
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Posted 15 April 2010 - 10:45 AM
Watch at 2 PM today for the big move down. Profit taking is what you will hear on the tv set. But don't be fooled. It is the beginning of the end. If we fall over 100 points on the dow, we may go up tomorrow, to get more people bulled up but that will be it until we get a 10% correction.today a rest day...expect a nice gap tomorrow with the next big earnings...still holding premium and not makin much.
