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Hmmmm, with very tiny risk required, one could already have taken profit off the table and made 4 times more than was risked. This is how real traders make money. Kiss my ass.

Funny how many are on the streets and have degrees. I have no degree, and I have a big house, 2 cars, and a full time maid.

I'm not making a top call, I'm making a great area to attempt a trade call

Any one know this guy's name?

I didn't blast him for giving calls, I would admire any one who shared, he doesn't do that. I blast him because he's a liar and a phoney who tries to trick new traders into giving his lame ass money.

Thanks. If it doesn't work out I'll lose a tiny little bit of money. Teeny teeny tiny. If it works, I'll make a ton. This is directly opposite of what Bone would do. Which is take massive losses, and tiny wins.

You're wrong. A stronger Chinese currency would destroy the profits of American corporations, but would bring jobs back to the USA, jobs were very much need. We don't have free trade at the moment, it's only free for China. US goods are stolen and copied, and what can't be stolen is taxed...

Awesome, I'm going to use a 100 contracts so I can earn 10,000 dollars per day.

I'm just asking. Would you consider that a sign of over bought, or a bullish sign.

And that means up from the previous close, in other words, they closed higher of Friday than they did on Thursday.

No, on Friday, 488 of the stocks in the SandP500 ended the day up.

I believe the sarcasm from the video is that that is not a chart of the SandPs, it's a chart from the Dow in 1929 to 1930. It's scary how much alike the charts actually are, just before the big crash came.

It's very easy to see. Look at the recent high of the $SPX. Put you a horizontal line on it. See if you can find the very obvious left shoulder, and the head should present itself to you.

488 of the SandP 500 stocks were up on Friday, and only 12 down. Is this bearish or bullish?

But surely the 6 month high/ lows is skewed because of the flash crash.

So that's a 22 point loss this time, and a 29 last time? That's around 51 point loss so far? Ouch. I've never had a draw down that big before. Is this normal for you?

This video is great: http://www.youtube.com/watch?v=0f6lTPPS1Es It's about this very subject, but I'm not sure if you'll catch the sarcasm or not. That's not really a chart of the SandPs. It's a different chart, of a different time.

Is that all? I thought it was more. He's been right about a lot of the news events as well, which is exactly why I don't trade news events.

There was resistance, 1144. I don't think it's an accident that we stopped a monster rally right at that very level.

China. And then gold, once the US starts to tax Chinese imports and destroys the Asia Pacific economies. The Chinese love their gold.