Recent content by tardes

Go Erikrkolodny! You are one of the best teachers in this forum. I have learned a lot just by reading your emails Just ignore the idiots, like someone said before the silent majority appreciate your posts

I very much enjoy reading your views and would like you to keep this tread. I think you should just ignore the rest, you simply cannot please everybody.

OK, that is a good explanation. Even so I wanted to survey people's opinions I suppose yours is neutral. Cheers

Why did you bother replying at all? Your comments are just wasting everybody's time.

Either I wrote too fast or you guys are just comics and piss takers. The question was what level will the Dow drop before returning to the current uptrend

Dow next level 7100 or 6800? I suspect that if it breaks 7000 it will be the end of the current rally. But if it finds support in the next couple of days it will run for another 10% up

Are you looking for a dow drop to 7100 or 6800?

I got short as well, but during the day I started getting really nervous thinking that the rally was going to run for another two days. I was 12 points from having my position closed.

Serious question: Why 669? can you describe your technical analysis?

You are right, but are we not already seeing capitulation? professional shorters who think the market is too low and want out and futures traders expecting an eminent rally. If the market falls to 6400, that will be a drop of 5% and that will in my opinion qualify as capitulation.

My strategy: Short with small margin and long with huge margins If I lose on the short I will recover my losses on the long. If short works, i will make money on both.

I am going to put my neck out and say drop tomorrow, at least up to a certain level Dow 6400 and S&P 650. After that rally up to 1000 points.

I think you were too quick to take conclusions. I have never said that because of... we should all go long. What I was trying to say is that through cnbc and bloomberg we can get a feel for the market momentum because they interview many people, a bit like a survey.

I hold the same view