More BS from the "Village Idiot of ET".
And if you had any brains at all, you would be well aware that FADING polls on ET is one the greatest ways to make money.
I hear ya Mup!
I was getting freaking "punch" drunk stupid in the final hour of trading today. Couldn't wait for them to ring that BELL!
Have a great Weekend everybody!
:)
That would make for a very "nasty" final hour of trading . . . and scare the hell out of people over the weekend if they aren't already pissing in their pants!
:eek:
Note: Just bounced .618 and ran into resistance at 747 and change and collapsed, printing 743.39 SPX as I type.
Mup, they sure did "test" that 7195 area in the Dow Jones. Below 7120, I think that this thing could really "roll-over", but what the hell do I know?
We are back into the 2:39PM spike lows as I type.
I'm ready to "ring the bell"
:D
Looks like the "diagonal" view has been eliminated with the last move down on the GE dividend news . . . How about a double three anyone?
a-b-c-x- and another a-b-c back up?
I'm confused.
But the stocks that I am watching/trading are not. They have had a "bid" in them ever since 10AM...
Comes down to 740.71 SPX and then goes through yet another 6 handle "rip" job to the upside!
The market is indeed "absorbing" an awful lot of bad news today. That, no one can deny.
:)
GE just announced cutting its Dividend from 31 cents to 10 cents in order to save $9 billion.
Got a big push down, and then "spike" back up just now on the news.
Very tricky here.
Agreed.
Extremely "pesky".
Needs to start printing down below 744.00 in the SPX to give comfort to the Bears.
Am looking for crude oil to "roll-over" here after completing an (a)(b)(c)-(x).
Still in the (x).
Either we have a (b) wave low this morning and this is a "i" of (c) up, or we just did an a-b-c (iv) inside of (3) and are heading lower.
:confused:
Just ran into resistance yet again at 749.42 SPX vs the 749.62 printed an hour earlier.
But can we take out that 743.63 SPX minor print low?
:D
Hell, I gave a 738 SPX target back on January 30th when the SPX was still up around 850.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2287002&highlight=SPX#post2287002
:p