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Company now expecting $360-$390 million in quarterly revenue vs the $550 million analysts were expecting. Company says it is now expecting .17 cents per share vs the .33 cents per share that the Street was looking for. Also selling $300 million in convertible securities to help pay off a...

Blah, blah, blah..... Averaging down one downtrend loser after another . . . You are such an ignorant FOOL. :D

Down and Dirty! :eek:

And how does that correlate to you being LONG THE UYG ( from May 23rd in the $29 handle ) and claiming that it will be 40% higher 5 months from now? http://www.elitetrader.com/vb/showthread.php?s=&postid=1943674&highlight=UYG#post1943674 UYG: $24.26 (-3.65%) :confused:

Typical thread on ET. No REAL discussion of technicals whatsoever . . . Instead, it's the old "If we stay about 1350 we will be NEUTRAL" and "just chop around for the next 1-2 months." Puleeeeeeeze. I could find a much better "in-depth" discussion of ES technicals at my local sports bar...

Mup and a couple of others had this "nailed" down in the Technical Analysis Forum . . . See chart below: :cool:

The BIG GUY definitely NAILED IT today! :D

Looks like nearly another 5 handle measured-move down to 1352.00 on the SPX before a counter-trend "bounce" just now . . .

a 15 handle "measured-move" targets 1347.25 :)

Sure does look like we could see that 1347 area!

I disagree. A rising dollar would attract a TON of CAPITAL into the U.S. Equity market and it would dwarf any "adverse" effects on material, mining, and energy stocks. Those sectors are relatively small when compared to the rest of the U.S. equity market. Feel free to take a look at the...

Some of you people need to realize that the Energy Sector only makes up 15% of the S&P 500. Duh.

"measured-moves" are very simple ( yet effective ) technical patterns that occur in stocks and commodities that appear as an "A-B-C" in either uptrends or downtrends. Once you are able to identify the length of "A", you are able to then add ( as in the case of an uptrend ) or subtract ( as in...

Yes, I should have mentioned the phrase . . ."IF IMPULSIVE". Should find out shortly by today's close. Ahhhhhh.... the beauty of this! :)

A classic "measured-move" down of -8.5 points should target 1357.25 at the very least!

If 1=5 we could essentially get 1300.00 on the SPX. However, if we get a .619 of the 67 handle Wave 1 drop, that would get us down to 1325.19 ( 41.40 - today's highs at 1366.59 ) and as we all know, 1326 SPX is the .618 retracement of the ENTIRE RALLY off of the March lows. :)

Great Call Mup! Looks like this COUNT is SOLID and on TRACK!!! :cool:

Exactly. It's ALL about web-activity and DOUCHE-BAGS and "cut and paste" college kids like S2007S are especially encouraged to post, post, post. Aside from some of the threads in the Hardware & Software Forums that actually have some good information, that's why this web-site holds very...

I saw the Oscar-Meyer Mobile at the Indy 500 back in 1990. :) P.S. My crystal "weiner-ball" says that we are heading back down towards the 1347 ES level. We are making a small right shoulder at 136.70 on the SPY at 11AM EST. and should be breaking hard to the downside soon!

Just an FYI for you stock traders out there . . . The DTN "IQ-Feed" does NOT provide Level-2 NYSE or AMEX quotes, only NASDAQ. Sad, but true.