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sometimes it over shoots. if it pans out the drop could be outright nasty.

http://online.wsj.com/article/SB10001424127887324240804578414463643311692.html nice. guess how many will be prosecuted since this is on the fed reserve level? you guessed it, ZILCH.

spx, if this trend line does not act as resistance don't know what will. mkt does overshoot at times.

clap clap clap

nice trading startraitor

europe is taking a yo on this bet. good luck to them.

Wow, they are really going to T off the wrong crowd. 40% haircut on depositors holding more then $130k. Supposedly reported by Agence France Presse, not sure how credible the numbers are.

pa weakness on daily, still no signs on weekly. been quite a run, would be a shame if cash was the only market not to breach 2007 high.

ruling party also abstain from vote

not sure why it is so weird, it's not like there wasn't a catalyst.

i would wager a beer but that is pretty much a losing bet given the mkt lately.

why fight the current trend? you sound like you are caught long.

you missed my humor in my statement. :D

lol, i wonder if this would be considered a "manufactured" crisis.

wouldn't it be something if cash market was the only one that did not breach Oct 2007 closing high of 1565. i still think it will happen but it would be a great story for the media if it did not.

hope the cyprus news is good for shorts. time for this market to be shaken up some. EURUSD down 150 pips, dooh

they ever long it? if so, r they still long?

too funny but pretty much spot on and we know how the AAPL story ended. and when AAPL turned over many saying what a great deal it was at 600, then 500, then 400....and the story continues.

they give u a good rate on this mortgage? I heard FHA loans r very little down, the new subprime mkt but this time on gov level. :)

first time i heard of the hanging man candlestick but look at IWM, SPY, and DIA daily chart. not so much on QQQ. from what i have read, can be a shorter term indication of market direction. as with any formation, price action following will help paint a better pic.