9 replies to this topic

[BigBadBear]

no doubt close up 100points or at least positive. When will the bears get it....negative opens are NOT bearish

[jjc]

no doubt close up 100points or at least positive.

When will the bears get it....negative opens are NOT bearish

Careful with tonights action. Don't rely to heavily on a morning reversal IMHO.

[BigBadBear]

yeh sure. The market will reverse with a 30pts futures drop just like it HASNT the last 100times the early futures sold off. How can I say this nicely...the only people selling r sucker bears{thats sucker in a nice way}

[Mtrader]

Bull market buy when gap down in the morning.

[outsider]

When will the bears get it....negative opens are NOT bearish

Positive opens don't seem to be bearish either! Must be a bull for the time being, anyway.


---Out

[PorkLoin]

This reminds me of an article from 8 years ago, "The Trade Nobody Can do."

http://www.mail-arch...m/msg09807.html

A pretty decent explanation IMO.


Doug

[BigBadBear]

see what I mean

[thespookyone]

"no doubt close up 100points or at least positive." Well, I've got more than just a little doubt. Just about every etf chart shows the same thing-the hit of the top of the rst. So, to me, the question is-how many times has the market broken out of a reverse symetrrical triangle with NO correction? I know the answer, do you? I guess, for the bulls, it is one of those "it will be different this time" situations. Long Q puts since late Friday-and don't need it to be different this time. Good luck to all. Spooky

[SemiBizz]

[skott]

see what I mean

see what you mean? didn't you say we were going to reverse and be up 100pts or at least be positive today? we did have a negative open that you wanted for the bullish outcome.