Jump to content



Photo

False alarm


  • Please log in to reply
27 replies to this topic

#21 eminimee

eminimee

    I don't care who's fur is flying...

  • TT Member
  • 14,307 posts

Posted 11 October 2007 - 02:53 PM

Oqm,

Forget about the European dude. Next time you see a 120-min chart with triple divergence, get cautious at minimum.





......or ED's...

#22 HoseB

HoseB

    Member

  • Traders-Talk User
  • 1,061 posts

Posted 11 October 2007 - 03:00 PM

Long the futures. You see how easily scared this market is :)



But this did hurt momentum.


The markets going up cannot save the world from inflation...inflation will kill what profits you get in your 401k or whatever...so what if they market goes to 20k...inflation will tag along and kill all the buying power..then what?


We are all supposed to ignore inflation... because the Talking Heads and Gummint liars tell us to.
40,000 headmen couldn't make me change my mind....

#23 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 11 October 2007 - 03:23 PM

Oqm,

Forget about the European dude. Next time you see a 120-min chart with triple divergence, get cautious at minimum.



or ED's


Ok, ok, you got me, I missed this one...
Its a good thing I was long for the past 2 month, or I could've really got hurt on this sell off. :D :D :D

I don't know what ED's are, btw. Probably something from ewaves.


it gets pretty exciting making 7 figures a day


We got it, you're cool :)

Edited by ogm, 11 October 2007 - 03:24 PM.


#24 eminimee

eminimee

    I don't care who's fur is flying...

  • TT Member
  • 14,307 posts

Posted 11 October 2007 - 03:47 PM

"We got it, you're cool" Yes...very. . . and it wasn't 7 today...I meant 6..... well over 7 figures since the Aug low though... ED is an ending diagonal which I've been going on about adnausiam... ...and I'm sorry to be a little excited...but when on the brink of capitulation and you hang in there because of the belief in your own TA ....it makes you want to pound the chest a bit.....and I am.

Edited by Teaparty, 11 October 2007 - 03:53 PM.


#25 Drano

Drano

    Member

  • Traders-Talk User
  • 481 posts

Posted 11 October 2007 - 03:53 PM

"We got it, you're cool"
Yes...very. . . and it wasn't 7 today...I meant 6..... well over 7 figures since the Aug low though...
ED is an ending diagonal which I've been going on about adnausiam.

..as opposed to the kind of ED that they advertise drugs for on TV.

Come to think of it, that definition might work too...

#26 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 11 October 2007 - 03:54 PM

...and I'm sorry to be a little excited...but when on the brink of capitulation and you hang in there because of the belief in your own TA ....it makes you want to pound the chest a bit.....and I am.



Congrtatulations on a profitable day then :)

#27 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,145 posts

Posted 11 October 2007 - 05:52 PM

I'm sure "some European guy" had everything to do with this...

Nope...it was a man from the 12th Congressional District who started this...someone who hasn't gotten his way and is willing to intensify the current war on terror at the expense of our troops and country.

Beware of the enemy within ladies and gentlemen.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#28 milbank

milbank

    Member

  • TT Patron+
  • 4,714 posts

Posted 11 October 2007 - 07:29 PM

I'm sure "some European guy" had everything to do with this...

Nope...it was a man from the 12th Congressional District who started this...someone who hasn't gotten his way and is willing to intensify the current war on terror at the expense of our troops and country.

Beware of the enemy within ladies and gentlemen.

Fib



Since your avitar says you are from "Kahlifornia" I will assume you are from California, Since many states have a 12th district, I can only assume at this point you mean the 12th Congressional District of California which is Tom Lantos's district. What did he do that caused the market to drop today?

Or are you referring to John Murtha from the 12th district of Pennsylvania?

OK then, what did he do that caused the market drop today?

Edited by milbank, 11 October 2007 - 07:32 PM.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe