all big rallies are preceded by ugly declines.......the uglier the decline the bigger the rally.......gonna go thru 1473 like a hot nife thru jamma.....yammma......snort
yawwwwwn
Started by
da_cheif
, Feb 27 2007 03:22 PM
15 replies to this topic
#1
da_cheif
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#2
Jnavin
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Posted 27 February 2007 - 03:25 PM
Looks as if we filled that gap at 1438.
#3
Vector
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Posted 27 February 2007 - 03:27 PM
a big yawner
LMAO!
snow-ball's chance in hell at lasting much longer
zzzzzzzzzzz
#5
Russ
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Posted 27 February 2007 - 03:35 PM
Better get out those bandages
a big yawner
LMAO!
snow-ball's chance in hell at lasting much longer
zzzzzzzzzzz
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#6
eminimee
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I don't care who's fur is flying...
Posted 27 February 2007 - 03:35 PM
not too much longer....we are about half way there....but I don't think the second half comes in a day. And I agree....these present highs will be taken out north soon....but we have more work on the downside first.
#7
ken29
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Posted 27 February 2007 - 03:40 PM
Maybe Da Chief is right, with TRIN @ 14 and VIX @ 19...............its time to back up the truck and buy stocks 
#8
slatedrake
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Posted 27 February 2007 - 03:40 PM
all big rallies are preceded by ugly declines.......the uglier the decline the bigger the rally.......gonna go thru 1473 like a hot nife thru jamma.....yammma......snort
So instead of having a correction at 1472/73 like you've previously mentioned, than perhaps the one we're seeing start today is that correction you were anticipating?
Before you start trading get your brain around risk control. Know how much leverage you're using and know when to go to cash if you're wrong.
#9
da_cheif
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Posted 27 February 2007 - 03:44 PM
T overplaying the bearish idea is indemic
#10
da_cheif
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Posted 27 February 2007 - 03:57 PM
all big rallies are preceded by ugly declines.......the uglier the decline the bigger the rally.......gonna go thru 1473 like a hot nife thru jamma.....yammma......snort
So instead of having a correction at 1472/73 like you've previously mentioned, than perhaps the one we're seeing start today is that correction you were anticipating?
thats my assumption.......nobodies gonna trust any rally from here for a long time.....just like 87 90 98 2002......todays wick reenforced those bad memories.......another brick in the wall of worry.....they may take a few days to mop up.......unless of course its the end of western civilization as we know it today........snort........short sharp declines are boooolish.....
