i was wrong
#1
Posted 29 December 2006 - 03:40 PM
#2
Posted 29 December 2006 - 03:57 PM
#3
Posted 29 December 2006 - 04:03 PM
amount of decline is irrelevant, the manner in which it declines is crucial, look at a 5min chart, best described as chinese water torture. last friday and this friday are identical in terms of setting up sentiment for another rally next week, imo.I dunno if a -25 point in the dow can be declared a scarefest, but I'm sure someone who's leveraged 1000% long is probably quaking in his pants .
Meanwhile, the rest of the world marches on.
#4
Posted 29 December 2006 - 04:07 PM
amount of decline is irrelevant, the manner in which it declines is crucial, look at a 5min chart, best described as chinese water torture. last friday and this friday are identical in terms of setting up sentiment for another rally next week, imo.I dunno if a -25 point in the dow can be declared a scarefest, but I'm sure someone who's leveraged 1000% long is probably quaking in his pants .
Meanwhile, the rest of the world marches on.
I want to throw darts too. I'll predict that Qs will be up 25 cents by 10:30am, then go down .50 by 12:00pm, then up another 25 cents by the close for wednesday.
All pulled right out my @ss with nothing but a guess to back it up. Its about worth that much too . But those reading this post may get some amusement out of it, if anything else but to relieve boredom.
#5
Posted 29 December 2006 - 04:18 PM
#6
Posted 29 December 2006 - 04:43 PM
#7
Posted 29 December 2006 - 05:43 PM
amount of decline is irrelevant, the manner in which it declines is crucial, look at a 5min chart, best described as chinese water torture. last friday and this friday are identical in terms of setting up sentiment for another rally next week, imo.I dunno if a -25 point in the dow can be declared a scarefest, but I'm sure someone who's leveraged 1000% long is probably quaking in his pants .
Meanwhile, the rest of the world marches on.
last friday and this friday are identical in terms of setting up sentiment for another rally next week, imo.
Hmmm, not looking for a big down into OPEX anymore? Doesn't really matter since we should know very soon.
KC