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Media always finds a reason to support PA and TA in my opinion. They are there to entertain but more importantly cloud ones thinking.

nice analysis. 1667 entry should be a good one. you targeting the 55-53 cleave from your previous chart?

not bad for a weeks vacation :)

That would be blatant manipulation. If they cancelled options trades without looking at underlying exposure I would say WTF

When did I question your credibility of account size?? I could honestly care less how much you have or make. All I said is this is a zero sum game and what you said makes no sense at all.

Zero sum game. You really don't make sense and should stay off this board.

The game is all psychological and the big players know that. They know where stops are, they have access to order flow we do not see, etc... Not sure how you can draw the conclusion that the weekly low is in. Not slamming what u r saying just do not understand how u came up with this.

This is what big players feed off of. Confidence that a top or bottom is in. No telling and as volatility picks up day traders will be happy again.

LOL. Goldman is Goldman. I know it is sad but true. It is never been a level playing field nor will it ever be. I guess that is what is meant by free market capitalism. My question is how many more "fat finger" and computer glitch program trades is it going to take before they bring back...

Not one mention of gap not filled from July?

Sounds like you been watching too much CNBC lately :)

Man you really cannot turn it off. Nobody is here to flex their muscles. That is not why we trade. How many different ways do others have to tell you to .....

:)

Same excercise would be interesting for dow and nasdaq. SPX 3 rd touch/breach of top line megaphone, not sure about dow or nasdaq.

most traders are either getting washed out or are washed out. means the end of the bull cycle could be near and vol and expanded price ranges should come back. i just hope soon, fall should be fun. at least you have survived :)

Someone once told me we are all in the same fox hole; that really stuck cause it is so true. August typically one of the slowest months of the year. Looking forward to fall time. Good luck to all. Make some $$$.

Hope it works out for you. The only problem I have with your posts is the questioning of others strategies. It is of no value. Everyone trades differently, has a diff personality and risk tolerance. For me personally I trade because I want to make money. If someone does it shorting or...

your last post was buy the dips, never lose or some crazy statement like that. now you flipped short with 100 es short and you just got done saying it doesn't work the last 4 years or something like that. ho hum, i don't get it.

got it. for sure it will be great buying op, will be plenty of vol if it happens. looking forward to it.

not sure what you mean by "crisis" stop and massive buy signal. what do you consider a crisis stop?