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You know, it's true that the stuff that gets put on the internet really never goes away. I'm sure he would love if there was some type of statute of limitations for embarassing performances posted to the internet. You guys crack me up.

not in either 2007 or 2008 did an emergency cut ever come during trading hours. always happened in the morning.

Look at that, 1030ish looks like it's support so far. Who knows what will happen between now and the close, though.

Agreed. BIG round number, it's gonna be a battle. I want to hear how all of the Gann traders/witch doctors are going to treat the number 9,999. I'll ask you guys directly: "Gann traders, is Dow 9,999 going to be support, or just going to become overhead resistance?" For those of you...

95% of mutual funds are negatron on the year, not really sure what you're saying. So....I guess I'm gonna....go....now? Good Talk Neo, (if that is your real name) :cool:

Usually, the return move finds overhead resistance at the neckline, and/or the minimum point at the beginning of the 2nd shoulder. So, we won't exactly see DOW 14,000 if that's what you're implying. Another little bear market bounce maybe. This little tidbit of information was brought to you...

Agree to disagree, my friend. I still don't like listening to Macke scream over the Fast Money Five.

Well, if the Friday numbers aren't terrible, it's a totally fabricated number. For what it's worth 600 teachers were laid off in Dallas today. That is something that you wouldn't think would happen, but it did. 600 teachers, whacked from DISD in one fell swoop. Everyone's getting axed...

Well, I personally don't like the way any of this is shaping up, no sir. We will get a little bounce and head lower. Check the link, rethink your price targets. http://elitetrader.com/vb/attachment.php?s=&postid=2102476

Worst would have to be being long in a bear market. Shows you're a dumbass AND the economy is in the toilet. Everyone is in a bad mood and Jeff Macke yells constantly on Fast Money, literally just yells the entire time. It's amazing.

So, let's throw some nice, round numbers around here: approx upper limit of Head - 1430 approx neck line - 1230 Therefore, if we're gonna go by the old H&S adage, then we shold see an approx price target of 1030. I've marked that on my charts. Sad thing is, that might just be a point...

pretty much sums it up. I did not mean 1,000 pts on the S&P for you ES swingers, so don't take it personally. see the chart, be the chart. :cool:

I love how it's always the same folks asking "Gee, golly, why isn't this stock gaining 20% a month like it used to?" that never read a 10-Q, do any worhtwhile TA, or listen to a conference call. It's the same old story.

Two reasons: 1. Way, way overdone trade. Anyone can see that. Just a big orgy. 2. With respect to POT, cash/cash equivalents decreased by about 40% last qtr, while short term debts increased by over 1000%. Losses on derivatives contracts, and A.R. securities. Fundamental...

Remember in January 2008 when AAPL started falling through the floor, seemingly for no reason?? Same stuff going on with POT/MOS/Ag plays in general. Large amounts of hedge fund redemptions. They crowded into the trades, now the herd is making a mass exodus out of it. Now we're gonna see the...

This plan is a big, desperate stab at a monster that we created through greed and regulatory complacency. This "investment" will hardly pay off. Hundreds of billions of dollars in order to get back to the way we were in early 2007??? Not a sound investment. All that jazz in hopes we restore...

The war on terror expenditures, albeit large, have been spread out over the course of 5 and a half years. The money has gone to produce bombs, guns, tanks, troops, and to subsidize kbr, haliburton, and many other things. Bernanke and Paulson want about the same amount of money, and could...

I agree wholeheartedly. Credit contraction, shrinking M2 supply, increasing rate of unemployment, slumped markets...etc. It's a no-go. I just think that the lifting of the shorts ban might be like a shot of nitrous to the market decline. It will be interesting to see how the...

What was once, shall be again!

Think about what is going to happen once the short ban gets liften off of the financial stocks. Really makes one wonder.