9-8-08 Market to Close Red

Quote from makloda:

I probably have way more net short exposure than you do. I just don't pray the market bails me out when I'm caught with my pants down.

Whose talking about praying?!?!?

If the market opened strong and continued rallying then you could say I'm praying.

I just see pros fading the $!@# out of this rally.
 
Quote from Businessman:

NQ is already 40 pts off its high... should have posted your prediction two hours ago..

2 hours ago it would have been a blind guess. If I saw strength on open I wouldn't have posted.
 
Quote from gnome:

What REALLY matters is "what the Da Boyz do with this rally"...

Can't know for sure, but "fade it big-time" is certainly realistic.. and would reinforce the bear market psycho...

Gap-n-Go has been eliminated.

Gap-n-Crap (bearish) still possibly in the mix

Gap-Fill-Resume (bullish) still in the mix, too.
 
Oh my. LEH down 12%. But things are looking so good after the govs fourth major intervention this year.


RED BY THE CLOSE.

NEW LOWS BY NEXT WEEK.
 
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