Folks stop trying to fight this uptrend

We are only in the beginning stages of a multimoth uptrend that will go to New Years. 2 weeks ago after Japan fell 450 points we would have been down 300 on the dow already, today we are up. Nothing will stop this uptrend, it is from above. Have a great day and good trading to all

We are only in the beginning stages of a multimoth uptrend that will go to New Years. 2 weeks ago after Japan fell 450 points we would have been down 300 on the dow already, today we are up. Nothing will stop this uptrend, it is from above. Have a great day and good trading to all

Do you think today will be up or down?

Just testing your magic ball

I don't have a majic ball and I don't know about today. When I know days I tell you about it. Like that one day I predicted we would have the biggest fall on the dow in history and everyone was laughing at me. Today, I don't konw what happens, but we will be much higher by new year. If you are a daytrader, I really can't help you today.

I don't have a majic ball and I don't know about today. When I know days I tell you about it. Like that one day I predicted we would have the biggest fall on the dow in history and everyone was laughing at me. Today, I don't konw what happens, but we will be much higher by new year. If you are a daytrader, I really can't help you today.

Don't need your help

We are going down into election days ....50 to 70 points down

OK, Swiss good luck with that. Maybe you will get that. I don't think so but anything is possible.

I do believe we will be higher by new year, but I am short term bearish. in this market a short team decline can wipe out 10% to 20% of your account, so better safe then sorry.

At the risk of repeating myself, Nov. 4-6 is a big turn date. I don't think it will be a high ... but who knows. I think it is worth the wait before annointing this a bonafide rally and an October bottom that will hold for more than a 2 weeks. cheers, john

At the risk of repeating myself, Nov. 4-6 is a big turn date. I don't think it will be a high ... but who knows. I think it is worth the wait before annointing this a bonafide rally and an October bottom that will hold for more than a 2 weeks.

cheers,

john

john

I am on the sidelines at this point with the exception of going short gold via DZZ. You have stuck to your guns and doing well in this wild market. Congratulations. Also your dates are election time so what in heavens could happen. In watchful waiting mode regards the broad markets until I discern a clear trend. For now it looks to me like that trend will be down. Will see.

Best to you.

hi johngeorge, This year has been all about financial survival and preservation of capital. I know many people, investors, hedge funds etc. that have been eviscerated in the past few months. As for me, I'm not shooting out the lights. Just trying to hold on to what we have and trade lightly when the risk/ reward is there. We are too close to our "number" to do anything more aggressive. Good luck to you. cheers, john

We are only in the beginning stages of a multimoth uptrend that will go to New Years. 2 weeks ago after Japan fell 450 points we would have been down 300 on the dow already, today we are up. Nothing will stop this uptrend, it is from above. Have a great day and good trading to all

There is something that will stop this uptrend.....That is called tax selling....