Search results

Go Erikrkolodny! You are one of the best teachers in this forum. I have learned a lot just by reading your emails Just ignore the idiots, like someone said before the silent majority appreciate your posts

I very much enjoy reading your views and would like you to keep this tread. I think you should just ignore the rest, you simply cannot please everybody.

OK, that is a good explanation. Even so I wanted to survey people's opinions I suppose yours is neutral. Cheers

Why did you bother replying at all? Your comments are just wasting everybody's time.

Either I wrote too fast or you guys are just comics and piss takers. The question was what level will the Dow drop before returning to the current uptrend

Dow next level 7100 or 6800? I suspect that if it breaks 7000 it will be the end of the current rally. But if it finds support in the next couple of days it will run for another 10% up

Are you looking for a dow drop to 7100 or 6800?

I got short as well, but during the day I started getting really nervous thinking that the rally was going to run for another two days. I was 12 points from having my position closed.

Serious question: Why 669? can you describe your technical analysis?

You are right, but are we not already seeing capitulation? professional shorters who think the market is too low and want out and futures traders expecting an eminent rally. If the market falls to 6400, that will be a drop of 5% and that will in my opinion qualify as capitulation.

My strategy: Short with small margin and long with huge margins If I lose on the short I will recover my losses on the long. If short works, i will make money on both.

I am going to put my neck out and say drop tomorrow, at least up to a certain level Dow 6400 and S&P 650. After that rally up to 1000 points.

I think you were too quick to take conclusions. I have never said that because of... we should all go long. What I was trying to say is that through cnbc and bloomberg we can get a feel for the market momentum because they interview many people, a bit like a survey.

I hold the same view

Long on the short term does not seem to be a bad idea as many cnbc commentators have been talking about 20% rallies. The question is how short will this rally be?

Is that wishful thinking or based on your study of the charts? And how far do do you believe the market will be rattled before it drops again?

What are the basis behind your statement? If you are following Art Cashin St Patrick's day rally advise, where do you think the dow or S&P will go next? A thousand is just a round number, some people say that the dow will go to 7300 before falling again to new lows, while other people speak...

He has been right many times, but unfortunately Mr Art Cashin political inclinations and the fact Mr Obama is the first of his kind to hold the presidential office. Made him believe in the tooth fairy. It was Mr Art Cashin that started the Obama Rally rumor and almost every professional...

There was this guy from cazenove today on CNBC saying that the market will fall to 600's http://www.cnbc.com/id/29462470 I have to say that since the market has been on the 8000's (Dow) I have heard several stories of iminent rallies. In fact I have been fighting for my life since 8600...

That is an intelligent observation.