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It really looks like buyers are being exhausted at 2790-2800. The push up at the close was weak, we couldnt even break above swing high. 2730-2750 next support.

Tobacco is good for stress relief....

Would have been better if we didnt trade above 2822 SPX swing high from march 22... This weakens the bear case. Lets see what happens.

Who needs netflix when you have entertainment like this getting delivered to your mailbox every few hours. Huge Egos, Fat Trading Accounts, Fast Cars, and Fast Babes. :thumbsup::thumbsup::thumbsup:

Fibo, thanks for this thread man. One of the best ET threads in a while.

Thanks for clarifying. I personally think this down swing is going to at least 2750. Thursday's touch of 2867 was a big important level from the move up back on Sept 6 - 10th. And if we close below 2720, test of lows coming very likely.

What is a HWB?

Another way to look for retail sentiment in traders / speculators is to go to stock twits and look at the ratio of comments. It's probably not the most accurate but its another data point. I've also used google search analytics to gauge interest in products / search terms and get a idea of how...

I find it interesting how you kept a similar thread back in the summer right before the big sell off came... hmm

From my anecdotal perspective I tend to agree that a lot of retail speculative money is on the side lines. My sample size is small but most people I speak to who have nothing to do with trading are sitting on the sidelines waiting for a correction in equities. On the other hand there has been a...

If the crash or bear market is to be sustained on a monthly chart perspective, there will be plenty of opportunity to get in near the top. Personally I went into cash a little while ago and just waiting to see what happens next before committing to a position. I do tend to believe that this is a...

The way I see it, from a technical perspective. We have been going sideways since January 2018, this is after a big rise of a few years. This is quite possible a distribution pattern that is happening right now. I just don't see the point of shorting this latest rally until it runs out of steam...

I think he is another reincarnation of NYSESTOCKS... :)

Why go through the trouble of making an account just to start this thread?

I fully support the idea that luck has a lot to do with the outcomes in your life but my conclusions from this idea are very different then the implications of the article. If you need luck to succeed then you must try as many times as you can...keep spining the wheel of fortune until it hits...

The article is pathetic. No one owes anyone equal opportunity. You eat what you kill. I know plenty of first generation Canadians who came here without much and most now have either well paying 100k+ a year jobs or a business. They had no connections and didnt speak english when they came here...

The houses at kit's point are pretty nice guys, you cannot compare that to Buffalo. The area and lifestyle is some of the best in Canada for sure. I can see value in that part of town but on Main street or further away from the water or Burnaby, these areas are not worth the prices.

Weekly has now a lower low on Dec 25th and we are now showing a possible lower high. Could be a big trend reversal on the big time frames. Dax had its weekly HnS play out in the summer. Will be interesting to see if this one does as well.

Stricter mortgage lending rules over the last few years and increasing interest rates might have something to do with it...