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time for gap up


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#1 dcengr

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Posted 24 February 2011 - 07:06 PM

Plus extremely low Rsi5.. Gadafi will be dead.. let the pomp show continue
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#2 fluid

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Posted 24 February 2011 - 07:21 PM

Plus extremely low Rsi5..

Gadafi will be dead.. let the pomp show continue


I dont trust this market, if this thing goes up then it is going to crash, or to be more accurate will become a disorderly decline. You know what you are doing, those are my thoughts.

#3 pdx5

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Posted 24 February 2011 - 07:43 PM

I think you may have it right. Barring any earth shaking news, I plan on loading up longs on Friday.
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#4 selecto

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Posted 24 February 2011 - 07:48 PM

Bummer for the bear if peace breaks out over the weekend.
Looks like it could.

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Edited by selecto, 24 February 2011 - 07:55 PM.


#5 dcengr

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Posted 24 February 2011 - 07:55 PM

Plus extremely low Rsi5..

Gadafi will be dead.. let the pomp show continue


I dont trust this market, if this thing goes up then it is going to crash, or to be more accurate will become a disorderly decline. You know what you are doing, those are my thoughts.


Up yes crash yes... b wave
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#6 andiron

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Posted 24 February 2011 - 07:59 PM

friday should be another down day..load for monday and 1st of month as seasonality favors it...if bounce is feeble we would know more..

#7 jjc

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Posted 24 February 2011 - 08:01 PM

All I can say is tricks are being played; A large move is in the offing... Shake before the bake or ..... I need one more high on the dow daily for the real consolidation.

Edited by jjc, 24 February 2011 - 08:03 PM.


#8 dcengr

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Posted 24 February 2011 - 09:45 PM

Let me say how I think tomorrow will be played out... All the bears are waiting for a pop up to short it.. THIS IS NOT A SURPRISE. Likely a nominal gap.. say 10 points to start the day, bears start to pounce on it.. push it down maybe 5 points.. then the drive that kills the bears come in.. 15-20 points from there.. Going into the weekend, bears will just be dead.. SPX will be at like 1325-1330... Ok that's my wet dream... we probably just crash like fluid says.. good thing I'm only 1000% long. THEY CAN TAKE MY MONEY BUT THEY CANNOT TAKE MY FREEDOM!
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#9 redfoliage2

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Posted 24 February 2011 - 10:13 PM

Let me say how I think tomorrow will be played out...

All the bears are waiting for a pop up to short it.. THIS IS NOT A SURPRISE.

Likely a nominal gap.. say 10 points to start the day, bears start to pounce on it.. push it down maybe 5 points.. then the drive that kills the bears come in.. 15-20 points from there..

Going into the weekend, bears will just be dead.. SPX will be at like 1325-1330...

Ok that's my wet dream... we probably just crash like fluid says.. good thing I'm only 1000% long.

THEY CAN TAKE MY MONEY BUT THEY CANNOT TAKE MY FREEDOM!


dc: Somehow your stuff got synchronized with mine. Buying dips should work well tomorrow

Edited by redfoliage2, 24 February 2011 - 10:21 PM.


#10 thespookyone

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Posted 24 February 2011 - 10:17 PM

Hey DC. Hate to be a wet dream killer, but... I'm thinking we head right on down to SPX 1287 before we start your B wave up. Early bear flippers need a lil friendly whoopin too, ya know? :)