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hats off to nitro http://www.elitetrader.com/vb/showthread.php?threadid=120638 47 isnt that far off from 60.and remember he made this post up in seconds after hearing some news. nice job.

just saw that the DJI has had its biggest % rally since March 2003. and that kicked off a 4 1/2 year bull market. look it up if you dont believe me.

this really isnt that big of a rally. Ive seen one day rallies of 5-7%.Im talking stock indexes not individual stocks. that right there tells me we have a lot more upside left before we take a pause.

blackguard's proprietary trading model says if we close above 1300 ca$h we are in a new Bull Market. this is the same trading system that called the Aug 17th and Jan 22nd lows. additionally, the system predicts an ES value of 1350 ca$h either this week or next week.

last time I remember was in July of '06.That kicked off a 15 month bull run. I think the same thing will happen now. its the start of a new Bull Market.

http://www.elitetrader.com/vb/showthread.php?threadid=120638

tuesday is when big fund managers come back from their 4 day weekends and buy up everything in sight, especially when the market is at a ridiculous valuation like it is now. then they take wednesday off and come back on thursday and repeat the process. thats the theory in a nutshell.

I think the worst is behind us. I mean at this point this selling has gotten ridiculous.its completely absurd.markets look out about 6-12 months, so why not focus on the Future? I think longs will bring out some heavy artillery tomorrow and blow these shorts out of the water.

how do you know he's short?just because he said so? do you have any verification, besides his 'word'? I wonder how many short sellers he put out of business with that call....

you dont understand.the Fed wants $150 oil.heck they would like $500 if they could get it there. ever occur to you they may be pushing the price up?well, thats what they are doing.I wont tell you why,you can figure that out yourself. Imagine paying $30 for a gallon of gas.What would you...

you are very smart and I commend you. the two names I really like are YGE and JASO. those are guaranteed home runs for the next few years.

you probably know the rule of 10, basically blackguard's Rule of 12 is a variation of it.I invented blackguard's Rule of 12 and I can show you when and where I invented it. it worked twice today for 5+ points each time.I dont know where you get 2 points.it worked around noon, then again...

blackguard's Rule of 12 anyone?

blackguard's Rule of 12 caught that little dip perfectly. Im doing some backtesting on this strategy and so far have found nothing but positive results.especially when the Rule matches up with Fib levels and Gann lines. I still think we end up green today.this selling has been nothing but...

blackguard's rule of 12 anyone?

I think we may have finally hit bottom this morning. 1388 is the target this week.1600 by mid-year.then 2000+ sometime in 2009. longer term, I think this market can easily go to 5000.

good points. Just like in roulette you can get 100 reds in a row.does that increase the odds of the next one being black?no, its still 50/50. however, 2008 is different from the 1940s or 1970s.internet, cp's etc make info move around a lot faster. In my view that translates into short...

interesting, thanks for the research.

to clarify things: that link I posted is just the begining of things to come, the tip of the iceberg so to speak.The plan will come around in steps.that was just step one, targeting naked short sellers.Eventually all short sellers will be targeted and basically the SEC the FED the government...

also, has there been a period where the market was down 6 months, or 7 or 8?