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Black Monday


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#1 denleo

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Posted 04 August 2007 - 12:44 PM

Where are all the crash posts? We had a bad Fiday and closed below 200-day MA. Crash? Denleo

#2 arbman

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Posted 04 August 2007 - 12:45 PM

Did you go short?

Edited by kisacik, 04 August 2007 - 12:45 PM.


#3 denleo

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Posted 04 August 2007 - 12:47 PM

Nope, I am flat. That is why the market will crash. Denleo

#4 Frac_Man

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Posted 04 August 2007 - 12:50 PM

I posted the BIG SLIDE[b] coming ............

On Thursday August 2nd at 3:19 pm est

Hank

Big Slide Down = Crash










Where are all the crash posts? We had a bad Fiday and closed below 200-day MA. Crash?

Denleo



#5 Tor

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Posted 04 August 2007 - 12:54 PM

I posted the BIG SLIDE[b] coming ............

On Thursday August 2nd at 3:19 pm est

Hank

Big Slide Down = Crash










Where are all the crash posts? We had a bad Fiday and closed below 200-day MA. Crash?

Denleo


Hank you said that back in the year, but it never happened. Like 1929. Whats different this time?

Thanks.
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#6 relax

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Posted 04 August 2007 - 01:14 PM

Tor has a point But fractals have been very good lately hank, what is your projection for this move

#7 SemiBizz

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Posted 04 August 2007 - 01:19 PM

The Crash posts have all been replaced by bottom pickers... Another great trend indicator.
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#8 rkd80

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Posted 04 August 2007 - 01:36 PM

can a crash happen with so many stocks making new lows? i know Gene Inger has said crashes occur from oversold conditions, but put/call ratios are really high and breadth stinks bad...from a technical perspective - can a crash occur?

The Crash posts have all been replaced by bottom pickers... Another great trend indicator.


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#9 SemiBizz

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Posted 04 August 2007 - 01:44 PM

can a crash occur?




This isn't hard to understand... in the previous market, support meant everything and since we were in a bull market, resistance meant nothing, because your expectations were to continue higher... So when resistance was broken a new high was made, and that was as expected... Now we're coming down on strong volume to support, your expectations should be that at a minimum that support will be tested again...not this V Bottom crap - those days are over...

Question that should be asked is not can a crash occur, it's can we reverse the trend and rally to a new high?

Somebody do a poll...
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#10 relax

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Posted 04 August 2007 - 02:24 PM

That's what happened in may june 2006 looked pretty bad there too But Semi, you've mentioned 8/8 as a possible bottom after that date are you expecting a move up followed by a bear market What are your IT and LT expectations Cheers

Edited by relax_dk, 04 August 2007 - 02:25 PM.