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why is it that almost every trader here see a crash


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#1 Wavetimer

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Posted 24 April 2011 - 04:21 PM

just going over alot of the tools I use to trend and some are at a level that states the sp can reach into 1493 on or about 6/18 the trend on this leg has just started if you want to short I WOULD JUST PLACE A STOP BELOW THE 4/18 CYCLE LOW TO SHORT TILL THEN YOU RISK STEPPING IN FRONT OF WHAT SEEMS TO BE A VERY BULLISH SIGNAL .I REMAIN LONG FROM ALMOST THE LOW AND HAVE STOPS , WE MAY HAVE JUST STARTED WAVE 3 OF 5 AS I SEE

#2 dcengr

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Posted 24 April 2011 - 07:11 PM

Or you can short here and put a stop above the last high too. Why not?
Qui custodiet ipsos custodes?

#3 arbman

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Posted 24 April 2011 - 08:02 PM

Or you can short here and put a stop above the last high too. Why not?


If the market goes higher with divergent breadth from here, it would be a better set up to short, after all the market rallied with a divergent breadth set up from the latest lows. I am not interested in selling short here, but rather executing quick long trades instead until the new highs are made with the energy and materials again...

#4 BearItch

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Posted 24 April 2011 - 08:31 PM

"Almost every trader here sees a crash." I love these generalizations.

Edited by BearItch, 24 April 2011 - 08:31 PM.


#5 SemiBizz

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Posted 24 April 2011 - 08:43 PM

Here's something to go with your transcendental Medication WT. :lol:

2 hours long. B)

Worth every minute of it... :rolleyes:

Jim Rickards - Economics and National Security - Dec 2010




Edited by SemiBizz, 24 April 2011 - 08:44 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 OEXCHAOS

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Posted 24 April 2011 - 11:15 PM

"almost every trader here see a crash" WTH? C'mon! I mean, really? REALLY!? I'm a little bit bearish, but I think we resolve higher. I have to think...no I know most are BULLISH here! Sheeeze, it's a face. M

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#7 OEXCHAOS

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Posted 24 April 2011 - 11:17 PM

In fact, if you cut and paste something that disrespectful in the future, I'm going to ban you. Read the darned polls. What the heck do you think we post them for?

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#8 fluid

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Posted 25 April 2011 - 01:53 AM

just going over alot of the tools I use to trend and some are at a level that states the sp can reach into 1493 on or about 6/18 the trend on this leg has just started if you want to short I WOULD JUST PLACE A STOP BELOW THE 4/18 CYCLE LOW TO SHORT TILL THEN YOU RISK STEPPING IN FRONT OF WHAT SEEMS TO BE A VERY BULLISH SIGNAL .I REMAIN LONG FROM ALMOST THE LOW AND HAVE STOPS , WE MAY HAVE JUST STARTED WAVE 3 OF 5 AS I SEE


Nice one wavetimer, once again you are on the button.

#9 gti_99

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Posted 25 April 2011 - 07:18 AM

"In fact, if you cut and paste something that disrespectful" in the future, I'm going to ban you. Read the darned polls. What the heck do you think we post them for? <_< That is an awfully outrageous accusation. I read Wavetimer's statement as lighted hearted just to make a bullish point. There in fact was crash calls here. :angry:

#10 OEXCHAOS

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Posted 25 April 2011 - 08:49 AM

"In fact, if you cut and paste something that disrespectful" in the future, I'm going to ban you. Read the darned polls. What the heck do you think we post them for?

<_< That is an awfully outrageous accusation. I read Wavetimer's statement as lighted hearted just to make a bullish point. There in fact was crash calls here. :angry:


I'm truly undecided as to whether I should apologize for my intemperate comments.

To be sure, the heading on this thread is so goofy (note that there are 72% Bulls in the weekly poll!!), one can only reasonably assume that the post was made to troll or generate views only.

I've been running this site for long enough to know when we're being gamed, and it sure looked like that.

Of course, maybe I'm wrong. Maybe the post was simply posted without any regard whatsoever to the actual mood on the board, and was posted purely to advertise the services of the individual in question. In which case, it wasn't trolling, it was spamming.

The only other possible conclusion is that it was a bad attempt at humor. Occam's Razor, it would seem to me, would dictate one of the two former conclusions, NOT the latter.

I give professionals a great deal of leeway and protection here. I guess it grinds my heinie to have my good will abused with gamesmanship.

M

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