Edited by xD&Cox, 21 June 2007 - 03:28 PM.
Taking advantage of suckers
Started by
A-ha
, Jun 21 2007 03:26 PM
4 replies to this topic
#2
Tor
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Posted 21 June 2007 - 03:33 PM
Xd, I am one of your fans and maybe this is a fade post and I look dum, but I tell you this market doesnt look like its going down and the COT's are still constructively positioned.
I cant sell it, as the moment the market goesup 300 points the bears just look stunned, then the price goes down 100 points and th bears think thats it and are all over this thing like a rash. The price is still saying UP IMO.
Good trading to you whatever and however.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#3
relax
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Posted 21 June 2007 - 03:42 PM
the whole week selling any intrady gain has been very profitable
at some point bulls may blow up through the highs, trading has been very volatile the past two weeks
But interesting how this week had no followthrough after inflation data last week
watch the rates tomorrow - 5.20 - again selling any gain should work out
at some point bulls may blow up through the highs, trading has been very volatile the past two weeks
But interesting how this week had no followthrough after inflation data last week
watch the rates tomorrow - 5.20 - again selling any gain should work out
Xd, I am one of your fans and maybe this is a fade post and I look dum, but I tell you this market doesnt look like its going down and the COT's are still constructively positioned.
I cant sell it, as the moment the market goesup 300 points the bears just look stunned, then the price goes down 100 points and th bears think thats it and are all over this thing like a rash. The price is still saying UP IMO.
Good trading to you whatever and however.
#4
A-ha
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Posted 21 June 2007 - 03:42 PM
That is perception. Tape has a different say imo.
Tops take longer, if we shoot higher to make marginal highs tomorrow, it will not change a smallest thing in the larger picture.
We have been in a trading range , it may continue this way for a while.
#5
relax
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Posted 21 June 2007 - 03:45 PM
exactly let them make new highs, the steam is gone
this will be slow realization for the market, bonds will go down and together with Bank of Japan and ECB should cause a drop of 20 per cent
this will be slow realization for the market, bonds will go down and together with Bank of Japan and ECB should cause a drop of 20 per cent
That is perception. Tape has a different say imo.
Tops take longer, if we shoot higher to make marginal highs tomorrow, it will not change a smallest thing in the larger picture.
We have been in a trading range , it may continue this way for a while.
