another head &shoulder on DOW-daily

Lucrum · Dec 10, 2008

Quote from EMRGLOBAL:

Fact of the matter is, when you have a rally and it "FAILS", as this did, it shows weakness.

Rallies failed the last two days, or attempt at rallies can not hold.

Car bail out is still not certain, Oil poped but pulled back as well.

Weakness and the VIX are key signals.

We could very well close with a serious sell off at the EOD.

There are ZERO reasons to believe that a RALLY is going to happen.

NONE!:eek:

http://charts.dacharts.com/2008-12-10/2008-12-10 14-42 NQ #F W.png

http://charts.dacharts.com/2008-12-10/2008-12-10 14-43 NQ #F D.png

Could be a bull trap/head fake but until proven the nasdoggy 100 seems to have some bullish potential.

Ivanovich · Dec 10, 2008

Quote from stock_trad3r:

we got a triple white candle on the dow

up we go!

still 70 more minutes of trading

could end the day up 250 points

Time to buy SDS. Forum contrarian baboon has spoken.

stock_trad3r · Dec 10, 2008

Quote from EMRGLOBAL:

Fact of the matter is, when you have a rally and it "FAILS", as this did, it shows weakness.

Rallies failed the last two days, or attempt at rallies can not hold.

Car bail out is still not certain, Oil poped but pulled back as well.

Weakness and the VIX are key signals.

We could very well close with a serious sell off at the EOD.

There are ZERO reasons to believe that a RALLY is going to happen.

NONE!:eek:

lol ur wrong again

the bailouts are a 100% certainty

no one cares the vix except for that loser Najarian from Fast Money.

rising oil is good for stocks

Edit: I will also add there doesn't have to be a reason for a rally.

NY_HOOD · Dec 10, 2008

stock_trad3r sounds like that clueless homo on cnbc; dennis nealin or whatever... absolutely no clue whatsoever.

stock_trad3r · Dec 10, 2008

Quote from Ivanovich:

Time to buy SDS. Forum contrarian baboon has spoken.

Oh no ..no more selling?? noooo you are wrong.

Edit: volume starting to pick up now...50 point candle on the dow ..

Ivanovich · Dec 10, 2008

Quote from stock_trad3r:

Oh no ..no more selling?? noooo you are wrong.

Edit: volume starting to pick up now...50 point candle on the dow ..

Stock, you do this every day and almost every day it's the same result - selling in the last few minutes that makes you look like a jackass. Then you come on here (assuming you don't run and hide for 24 hours) and post one of the following phrases (or close):

1. This selling makes no sense.
2. Wasn't as bad as it could have been.
3. Huge buying in last 30 seconds makes for big gap up tomorrow.

You're a community college student. We get it. But try - just try - to grow beyond the crappy pot you've planted yourself in. For your own good, mate.

PohPoh · Dec 10, 2008

Quote from stock_trad3r:

Oh no ..no more selling?? noooo you are wrong.

Edit: volume starting to pick up now...50 point candle on the dow ..

Only 5000 pts to go!

nonlinear5 · Dec 10, 2008

Quote from Ivanovich:

Stock, you do this every day and almost every day it's the same result - selling in the last few minutes that makes you look like a jackass. Then you come on here (assuming you don't run and hide for 24 hours) and post one of the following phrases (or close):

1. This selling makes no sense.
2. Wasn't as bad as it could have been.
3. Huge buying in last 30 seconds makes for big gap up tomorrow.

Here are some of my favorite pearls:

"I know how the stock market werkz"
"There is zero risk in the market"
"For the love of God, just buy everything"
"Subprime? What subprime?"
"I was long on the Dow at 14000, and I am still long. Werd."

Clubber Lang · Dec 10, 2008

Please just put stock_trad3r on ignore.

Trolls die when they have no audience.

Ivanovich · Dec 10, 2008

Quote from stock_trad3r:

could end the day up 250 points

Again, nope.