Search results

I have something to say, thank you. I read this post and had 75% of myself in cash going into the New Year. Your post made me print up a chart of the S&P and if it wasnt for this post then I wouldnt have done my homework so well. As today started, I stared the S&P closely as indicated in...

Ben Bernanke has now declared today a holiday. Short selling day.

The four most powerful men in the world... The President of the United States The Russian President The Captain of a US nuclear submarine and.... Ben Bernanke. One wrong word and the markets come crashing down. Even Jim Cramer doesnt seem to have this unusual power.

Ok men. Its been bull market for a long time now. A lot of you guys have all this confidence from last year and your wallet fat. This year, the market is going to see what they can take back from you. Believe me, Mr. Market is going to take it back. So I ask you, Brains or Bulls? You...

Sorry, I got you on ignore so I cant read your message. My advice, use your brains not your bulls. I was saying in an earlier thread that the S&P has to get through a certain point on the chart. It didnt and now there is a wild correction. This time of year, interest rates always seem to...

What did I say yesterday about brains and bulls? Use your brains and not your bulls.

I stepped away from the trading desk to get some coffee and now all hell is breaking loose.

sorry dude, had to put you on ignore. your bothering me, no offense.

I never said it was a double top. It was the previous inhabitants of this thread that were illustrating that point. I said the resistance point is right at 1431. The meter has been stuck at 1427 all day. Its important for it to break through 1431 with vigor. I figure it has two chances...

Thats not a technical chart. Go look at it on www.stockcharts.com Come back with something that has candlesticks, moving averages, and a few other things. I want to see lines drawn. No no. Dont be lazy. Its time to get to work.

It sure doesnt want to go past 1430. The market internals appear to be weakening now. What do you say? end of day rally or will it hit tommorrow. Usually the second day is a good day too.

57.05 is magic floor for oil

BTW, side note, oil has to bust through the floor of 57.05 for it to go really lower. 57.05 and its all the way down from here.

Its not going to put in a double bottom right now nor tommorrow. Its going to take a week, maybe longer, and its on my list of things that I monitor on a daily basis. The fundamentals are not good *right now*, but they will be later and thats when this will make a double bottom. Give it a...

Not going to happen. Im stuck here with the rest of us behind screens.

Im looking at the SPX right now and it just keeps sitting at 1428 and doesnt want to go any further. It really has to advance past 1431 with confidence. 3 dollars more to go, whats up?

If anyone cares, I think this will pull a double bottom somewhere between 15-16 area. VSE should be going lower from here. I will look at it again under 17 to see what I will do with it.

For myself, I wouldnt care. This is just a message board, its not real life.

1825=Resistance for NDX 1431=Resistance for SPX

Whats going on?