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  1. M

    MrktObserver4U's Journal

    ES futures continue to grind away ever so slowly upwards. This, perhaps a good indication of restored confidence in the markets. One thing I notice is that the moves up take quite a bit of time to develop and a smackdown occurs only to jump right back up again - kind of like the movie Rocky...
  2. M

    Election - Market Reaction

    Its being built in as I write this :D
  3. M

    The Barack Obama bubble:

    Blah blah blah blah blah blah blah! Tell me something I don't know! Politics and religion are a waste of time. You either believe or you don't. Quit trying to press others to believe.
  4. M

    The great volatility is over

    Its still here but at lower levels. You are just too impatient having to sit in your chair all day forcing trades and getting churned out. This kind of post reminds me of a crack addict who goes off the shit for a week and goes crazy. All those profits eroding eroding eroding....
  5. M

    Load up on Visa and Mastercard

    This guy sounds like Kudlow. :D
  6. M

    Gasparino Has Completely Lost It

    The guy takes his job way too seriously.
  7. M

    How did October Treat You?

    Man, you are a nutcase. What the hell are you smoking. Its obvious to me you are desperate. A 20% market move in one day is absurd. What a clown you are. QID swinging got me over 45% this month in portfolio. The rest in ES short (covered last Friday) and stocks (covered last Friday as well)...
  8. M

    Ben Bernake did NOT cause this mess

    I concur. However, you can blame it on people with IQ's less than 100 and mostly from countries south of our border for contributing to this. You can also blame it on current tax laws for home selling. It encouraged flipping in daytrader style fashion. But who you can really blame it on...
  9. M

    Will this scalping strategy work?

    A stupid approach. Going for 2-3 cents with a 10 cent stop is for losers. 4:1 risk to reward? Good luck. Do you really think you can win 4 times in a row and then lose once and wipe out everything you made over the long haul day in and day out? Good traders are at least half as right. You...
  10. M

    MrktObserver4U's Journal

    After an overnight dip, ES wiggled its way to new a new high off its Monday bottom but struggled in the last hour today after FOMC announcement to reduce Fed funds rate 50 basis to 1%. This is a tough area here for both sides testing the intermediate term trend (down) with the short term...
  11. M

    MrktObserver4U's Journal

    Today, in most eyes, is shaping up to be an event day situated around the FOMC announcement this afternoon. Many are expecting a 50 basis point cut but who really cares at this point. Given the volatility in this market, whatever number it is, I expect something completely different to...
  12. M

    RIMM has a PE of 15!

    And Hannah Montana is 15 years old! What a coincidence! P/E's are for idiots!
  13. M

    Watch Goldman Sachs, Looks To Be In Trouble

    Tell us something we don't know.
  14. M

    Stocks to buy now

    The place holder could be Lucy Van Pelt. Better yet Dan Marino holding the laces toward you ala Ace Ventura :D
  15. M

    MrktObserver4U's Journal

    2:15PM EST ES support 878 continues to hold. Pullbacks into 880-881 land should be bought imho.
  16. M

    MrktObserver4U's Journal

    1:26PM EST ES trading near highs at 886.25 after bouncing off 878 lows on this wave. Continuance looks like a real possibility here. Volume remains light but looking like it is setting up for a huge pop. Shorting is death here, imho. Pound the table!
  17. M

    MrktObserver4U's Journal

    12:46PM EST ES 880: I feel a big short squeeze coming on. Lets watch the bears scramble :D 1:00PM EST ESZ8 new highs 885. New supporting coming in at 878. Pound the table bulls, pound the tables.
  18. M

    MrktObserver4U's Journal

    11:38AM EST Looking at 865 ES support and significant follow through as technicals are starting to look better. May take some time to work out as early stages of a potential pennant pattern looks to be forming. Follow through over next few hours could encroach 900 levels. S&P 500 earning...
  19. M

    MrktObserver4U's Journal

    Stock watch: GS looks very dangerous here to the long side. Would look for a dip off current $96 levels. NCC is bouncing off $2 levels and looks to be heading to test overhead resistance at $2.40. Currently trading $2.14 GOOG pulling back after hitting $350 on Friday. Currently trading...
  20. M

    MrktObserver4U's Journal

    10:52 AM EST ESZ8 continues to ping pong around 860 and actually looks strong at these levels. Follow through over 900 puts the market in a strong position. This could be setting up to be a big day.
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