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Guess what! Futures down again. We bears keep on selling down the


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#1 wallofworry

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Posted 17 April 2007 - 03:35 PM

that we had a 3day consecutive gap up ? :redbull: ? :bear: :bear: :bear:

#2 Rogerdodger

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Posted 17 April 2007 - 03:40 PM

I thought they were up. LINK

IBM, INTC up, YAHOO down

Edited by Rogerdodger, 17 April 2007 - 03:41 PM.


#3 wallofworry

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Posted 17 April 2007 - 03:41 PM

naz100 down 3.5 ..............SO FAR !

#4 securelstmile

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Posted 17 April 2007 - 03:48 PM

naz100 down 3.5 ..............SO FAR !



Ibm cfo said U.S. weaker than Europe and Asia.

This bear suit is itchy.
The harder I work, the luckier I get.

#5 wallofworry

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Posted 17 April 2007 - 03:48 PM

naz100 down 3.5 ..............SO FAR !



now down 5pts. I guess we all know what happens to those bears when the market opens :blush:

we never seem to learn[constantly bearish futures are inevitably bullish]

#6 wallofworry

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Posted 17 April 2007 - 03:53 PM

So the bears are selling fundamental news stories. No wonder they get burnt fur so often. They are being used as cannon fodder.

Just to prove the point I just bought the DOW futures daily[spread betting account in Europe] at 12755

I will close at end of trading day Wed. I WILL NOT LOSE watch and see

Down futures = 90% chance of up close since the 2006 July lows



naz100 down 3.5 ..............SO FAR !



Ibm cfo said U.S. weaker than Europe and Asia.

This bear suit is itchy.



#7 securelstmile

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Posted 17 April 2007 - 06:41 PM

It is just a hedge. I think the market goes up and down. I was the biggest bull around for a long time second only to the big guy himself, cheif of all the land.
The harder I work, the luckier I get.

#8 thespookyone

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Posted 17 April 2007 - 09:34 PM

[quote name='wallofworry' date='Apr 17 2007, 04:53 PM' post='283464']
So the bears are selling fundamental news stories. No wonder they get burnt fur so often. They are being used as cannon fodder.

Just to prove the point I just bought the DOW futures daily[spread betting account in Europe] at 12755

I will close at end of trading day Wed. I WILL NOT LOSE watch and see

Down futures = 90% chance of up close since the 2006 July lows



[quote name='securelstmile' post='283462' date='Apr 18 2007, 06:48 AM']
[quote name='wallofworry' post='283460' date='Apr 17 2007, 04:41 PM']
naz100 down 3.5 ..............SO FAR !
[/quote]


Ibm cfo said U.S. weaker than Europe and Asia.

This bear suit is itchy.
[/quote]

"I will not lose"=well, never is a long time. I wonder what the percentage odds of closing up are on days following fairly overbought, starting to display negative breadth days like today? I'm not thinking 90 percent would be the answer. Intel report not really that fresh, yahoo was worse-won't help your odds.