10/21 8:42PM Dow Futures Down 107 Points

[Cxinvest]

Quote from trefoil:

Still lots of upside on this move. You could cut the skepticism with a knife.
This is a bull market, period. What you bears are engaged in is a futile attempt to fight the Fed. I'd advise giving it up before you lose, but then I might not make the money I'd like to. So, keep it up. Really.

FYI, it's a trading site. Plenty of investment and/or longer term sites, just not this one. Your bull/fed loving opinions are of little to no value here. There are always good opportunities on both sides of the court if you are a trader. Keep your eye on the charts. They make the calls obvious.

~Cx

 

[x2012]

Quote from limit:

the last time I posted was in 2003 and at that time I had 200+ posts....don't know what happened to the count....don't care. Also don't care that you're confused either....lol

should have checked my crystal ball before i posted. lol

 

[stock_trad3r]

Quote from trefoil:

Still lots of upside on this move. You could cut the skepticism with a knife.
This is a bull market, period. What you bears are engaged in is a futile attempt to fight the Fed. I'd advise giving it up before you lose, but then I might not make the money I'd like to. So, keep it up. Really.

Agree

 

[limit]

Quote from limit:

if this doesn't break up through this 20% retrace level on the ES 1513, it could bode badly for tomorrow to the downside. I would much rather it went to 1530 38% before it craters again

sorry for the bad read, the ES only went to 1527.5 before it cratered.

 

[limit]

need some dip buying guidance here...in real time...any takers?

 

[Bogan7]

Quote from limit:

need some dip buying guidance here...in real time...any takers?

There will be a good op to buy just need to wait a little maybe after lunch?

 

[limit]

Quote from Bogan7:

There will be a good op to buy just need to wait a little maybe after lunch?

so you think we're pretty much done to the downside for the day?

 

[stock_trad3r]

Shorts are running on borrowed time

Any profits made being short should be taken now. Now is the time to go to your trading control panel and cover shorts and be thankful to have made a profit instead of being greedy.

The markets don't have much room to go lower

charts on indexes are very bullish

The upside is another 300 points

downside maybe 100

 

[stock_trad3r]

No compelling reason for the selloff

no bad news on yahoo or anything. Nothing bad happened. Just some old news about the housing.


s of 10:30 a.m. PDT

• Turkish planes bomb Kurd rebels along Iraq border

Raid


• Rice: 'Two-state' Mideast peace solution in jeopardy
• Iran calls U.N. nuclear sanctions 'just a pile of papers'
• Existing U.S. homes sales plunge in largest decline since 1999
• Myanmar's Suu Kyi marks 12 years in custody

House arrest


• FDA wants 'black box' warning on diabetes drug Avandia
• Scranton, Pa. hosting 'Office Convention' for fans 'The Office'

 

[limit]

Quote from stock_trad3r:

Shorts are running on borrowed time

Any profits made being short should be taken now

The markets don't have much room to go lower

charts on indexes are very bullish

The upside is another 300 points

downside maybe 100

if it's ok with you, I'll hang on to some of this ES short for a bit. Before you going bashing me as a permabear, you need to know that one of the 3 methods I trade with require me to go long every other trade...I have no bias up or down.