16 replies to this topic

[HiFiGuy]

methinks intraday retest of 1403 just failed.

[Russ]

none of that has anything to do with the stock market......you want to worry about something?...worry about DEFLATION......the market is in the early stages of discounting a world wide inflationary economic boom of unparalleled proportions.......watch the sky....

That is the same thing Don told me just before the market sold off violently on Feb.27. After giving some bearish viewpoint he told me that it has nothing to do with that. He was wrong, but can never admit to being wrong. As I stated before the HGX will go down into June of 2009.
http://bigcharts.mar...&mocktick=1.png
http://bigcharts.mar...&mocktick=1.png

Edited by Russ, 19 March 2007 - 01:33 PM.

[da_cheif]

none of that has anything to do with the stock market......you want to worry about something?...worry about DEFLATION......the market is in the early stages of discounting a world wide inflationary economic boom of unparalleled proportions.......watch the sky....

That is the same thing Don told me just before the market sold off violently on Feb.27. After giving some bearish viewpoint he told me that it has nothing to do with that. He was wrong, but can never admit to being wrong. As I stated before the HGX will go down into June of 2009.
http://bigcharts.mar...&mocktick=1.png
http://bigcharts.mar...&mocktick=1.png

sold off violently on feb 27???.....lol.....another pimple on the elephants [bleeep]......long from 1095...added at 1383........watsamatta ...you forget the idea about the drop into www i talked about and the opportunities it would present?????

[Russ]

[/quote]sold off violently on feb 27???.....lol.....another pimple on the elephants [bleeep]......long from 1095...added at 1383........watsamatta ...you forget the idea about the drop into www i talked about and the opportunities it would present?????[/quote] The Dow fell over 500 points in one day. You asked someone if the Trin had ever been this high before, answer was 1955. I would consider that a pretty violent event.

Edited by Russ, 19 March 2007 - 02:34 PM.

[da_cheif]

[quote name='Russ' date='Mar 19 2007, 03:33 PM' post='278058']
[/quote]sold off violently on feb 27???.....lol.....another pimple on the elephants [bleeep]......long from 1095...added at 1383........watsamatta ...you forget the idea about the drop into www i talked about and the opportunities it would present?????[/quote]


The Dow fell over 500 points in one day. You asked someone if the Trin had ever been this high before, answer was 1955. I would consider that a pretty violent event.
[/quote]



wasnt dat great???.....u forget....the higher you go the bigger the declines relative to the declines that preceded it......500 pts aint what it used to be ..... ......you aint scene nuttin yet...1000 pt one day declines are coming........and they will be nothing but minor irritations.......

[Russ]

[quote name='da_cheif' date='Mar 19 2007, 02:48 PM' post='278063']
[quote name='Russ' date='Mar 19 2007, 03:33 PM' post='278058']
[/quote]sold off violently on feb 27???.....lol.....another pimple on the elephants [bleeep]......long from 1095...added at 1383........watsamatta ...you forget the idea about the drop into www i talked about and the opportunities it would present?????[/quote]


The Dow fell over 500 points in one day. You asked someone if the Trin had ever been this high before, answer was 1955. I would consider that a pretty violent event.
[/quote]



wasnt dat great???.....u forget....the higher you go the bigger the declines relative to the declines that preceded it......500 pts aint what it used to be ..... ......you aint scene nuttin yet...1000 pt one day declines are coming........and they will be nothing but minor irritations.......
[/quote]

Yes Volatility King has awakened, I don't disagree that the markets will go higher, but I think there is likelyhood of more downside first. I could always be wrong but past stats says some more down should come first. As far as internals, so far a/d has only diverged on the daily, it would be more convincing to see it do it on the weekly.

[Darris]

If you are lucky, you might get one last chance to cover under 1410 ES mini, but the gap up tomorrow morning will probably stop you out 1st.