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You won't have to wait another 30 years for the next slaughter, cause this isn't a V shaped recession. It's a W shaped one and the trough of the W might be very long. We might be entering the second phase of the w now that the first rebound part is almost over with.

I'm holding short into the weekend and it's been a very very long time since I have been short.

Or just stay on the sidelines like all those trillions of phantom money they keep talking about.

Now for some cross analysis. Here is a chart of the UUP etf on the NYSE. I'm sure everyone here understands the relationship between the USD and markets so the chart speaks for itself. Difference here is that I used a different set of moving averages 8/20 Looks like money is going into the...

green shoots leads to red poops. :D

I am so tired of the penis waving contests on et. I want to learn something not hear peoples BS, so yeah if all they have to offer is words without any commentary or analysis I don't need to waste time reading it either. That is why I asked what his input was because all he gave was it will test...

So enlighten us on how you would approach this from a price action pov.

TA is the only thing that works for me, albeit I have developped my own system after a lot of hard work and unfortunately some stupid mistakes and losses. I am eager to listen to whatever you have to say TA related because as far as I am concerned, everything else is just noise and bs.

I honestly don't know wtf your trying to say. Is this some sort of elitist ET talk? Either way you seem to be saying that market=down not that hard. On a side note, window dressing is over with. "i now hear this term more and more". Is this going to be a new word in markets for dummies...

-263k, time to rally because we can look forward to better numbers next month or maybe they will lowball it again and again it will surprise to the downside and again the market will rally because rallying off of terrible news is very bullish. All that money sloshing around with no home. :D...

:P

Ok I go buy some latex futures now.:D

CNBC is purely for entertainment only. you can watch that channel until your blue in the face, it won't do squat to make you a better investor. In fact it will probably do the opposite.

Stock market is one big casino. Once you accept that and don't have the expectation that it will react exactly to how you expect it to then you can start to trade it properly.

He probably doesn't trade and if he actually does, that's scary. For me the ONLY way to trade is technically. It's as simple as that. Everyone has their own variations and what they use.

Holy shiite that is the worst advice I have ever seen on this forum. Are you stocktr3dr?

Go read a stats book please. Short term it looks like it will go to 1000ish but the trend is still intact. Unless it violates around the 960ish level its still very bullish for now. Bears can throw all the reasons they want to short the market but anyone who shorted the last 6 months got an ass...

Did the FED say anything yet about taking away the free money? IE the "quantitative easing"? My guess is that nothing bad happens until that happens. This whole runup was the result of A) The market being grosely oversold to begin with B) Free money for the big boys to throw at the market...

Sure it is! Just ask AIG.:D

gold.