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Surprised? Not really, but this administration has to be concerned about public opinion turning on them now that their socialist agenda has been exposed to the masses. I think they are going to have to try to get the public to support nationalizing the banks, such as blaming them for the stock...

Ha! I love the guy's passion as a GS-hater. I have to agree with him. There is no end to what people will do for money. It just pissed me off more watching that clip.

If you see opportunity in it, my friend, then that is all that matters. Happy trading :D

The stock is a buck and a half, near solid support for the last 12 months. Even if it tests the July low of .89, the risk to reward ratio is not good in my opinion.

I think a dollar-cost averaging approach to investing long term in single stocks might be effective even in times like these, but only with strong companies with decent volatility, such as AAPL.

Congrats on your qualifications. Contrary to what TraderZones thinks. I did not "cherry pick" those examples. I just plotted those 10 years of history because of the prior post referencing the depression years, and starting applying the indicator to the major peaks and valleys. Hey, it worked...

What are the tools you use to trade? Are you a fundie? How's that working for ya? If you use TA, I'd be interested in what you use. You can post examples, because, trust me, unlike yourself and so many others here on this shitty forum who just want to mock other traders, I am interested in...

flipper, I wouldn't get too one-sided on the market. I, as you, think this is it (I personally see a long term target of around 2500), but the bulls always seem to have one up their sleeve. Be careful out there. Monday will be a very telling day.

ONWARD TO THE IGNORE LIST, MOST STUPID ONE!

I've scoured the internet country-side for references, such as newspaper articles, editorials, etc. during this period, to read what the "pundits" said. Can you recommend anything? Also, for those who discount TA, and claim that TA only works because of self-fulfilling prophecy, there are...

Thanks for sharing this. It is very interesting and I agree with about 98% of it. I am unsure whether a wave e is necessary, but I can see where it can happen. Everybody is loading up on shorts because of the gap fill, and there might be a run-up to shake them out. The Oct 21 top was just "too...

Nice job. How much you charge for tutoring? :D

Sure enough. I think no follow through on yesterday's rally is a sure sign of a change in market sentiment. On the Dow, we do have important support below. Convergence of 50 day SMA and EMA at around 9750. Trendline support at about 9550. 200 day SMA at 9200. 200 day EMA at 8600. Then strong...

We need a big loss day to confirm this top. Not a piddly -200 day, but a -500 or -600 day, or more. By the way, on the monthly DOW, the resistance line I drew 6 months ago was touched on Oct. 21th, so we have confirmations of a possible top on the daily, weekly, and monthly. This is significant.

Dang it! You stole my thunder! :D

Not a chance! :D

Well, here they come! +200.

:D

They also know that the gap fill is also being watched by many and there are a lot of shorts with stops above the gap. I would not be surprised if they take a run at those stops.

So... how much will our children and grandchildren have to pay tomorrow for the 3.5% today?