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It is not uncommon to enter a state of psychosis when the losses mount. You may want to seek medical help.

yes, we can only hope he didnt "double down" to try and prove his detractors wrong.

Looks like Apex Capital has now become Trough Capital.

Was he trying to sell this on that website as well? Or was this a freebie teaser to buy his book?

Next thing you know this Waggie fellow will be claiming that moonshot does not imply direction. Maybe moonshot can mean straight down as well.

yes this Apex Capital fella brought in another guy who had a similar wave count. Both of them posted how bullish they were at the highs and now find a technicality to amend their call. It probably doesn't matter anyway, since no one can trade these after the fact forecasts anyhow.

I guess no one uses the search function to see how this money losing experiment turned out last year. I, for one, did search this fellow's experiment in the index futures and saw for myself that it was not so hot. ElPrado is correct and yet he is being made to look like the loser. Too funny.

Well sir, had I listened to you and your friend the other day about this wonderful breakout, I might be selling my organs on Ebay about now to raise some cash.

Let me ask you something MacroEvent. Do you follow the Temporary and Permanent Open Market Operations? Is this part of your liquidity analysis? Or are you referring to something else?

well stated chap. I would also add that it was very telling the sentiment of many of the perma-bull variety as the statistically significant period associated with the end of month transition neared completion. It did appear that many were positioning size based upon 1230 with complete...

From what I gather, several members of the Midnight Rally Crew and the PPT were celebrating a religious holiday today. This may have contributed to the lag effect in bidding up the overnight market.

I should have posted earlier, but I got word that all members of the Plunge Protection Team were at synagogue today. It's a most unfortunate event for my fellow bull market brethren. I will do my best to keep you chaps informed should such an event transpire again.

This MacroEvent seems like a knowledgable chap, yet when I read his post history I find he is like the Howard Cosell of trading commentary. We get a very interesting analysis of who is doing what, when they are doing it, what the score is. Very interesting stuff, but how in the world does one...

yes, unfortunately it appears that many of the ET'ers did not get that memo. I can see that there are many loading up on broken down sectors expecting 100% up room to go.

The interests of the government are always going to be for a rising stock market. Whatever it takes to get it higher. That's why the renegades who attempt to play Russian Roulette with the Midnight Rally Crew will always regret it.

It looks like we have a renegade here. One of these anti-establishment types who wants to short against the midnight rally crew. They may give him a cookie tonight, but they will fleece him good when the time is right. Long live the Midnight Rally Crew!!!

yes, my friend. While the fools spend their sleepless nights trying to game the market for a few ticks on the dreaded short side, we can wake rested and full of optimism as we see they deposited more funds into our nest eggs. Long live the midnight rally crew!!!

Yes, but the powerful interests will make certain that you will pay big for your independence of thought and action. They will tease you with your measly 2 tick profits for several weeks perhaps. Finally as you are feeling confident that you can bet against them, they will drain your bank...

At our firm each trader has a minimum of 8 monitors. Some people disagree with this but so be it. We also only hire individuals who have no college education and must be under the age of 21. So far, so good.

When ranges contract and/or trends are not persistent, one is forced to operate in a more "counter-trend" fashion. One either does this or switches to different commodities or asset classes.