BEWARE: The STORM Called the NEXT 2 TRADING DAYS...here is why

[Cocaine]

If you wanna hang out you've got to take her out; cocaine.
If you wanna get down, down on the ground; cocaine.

Quote from musclemoney:

"She don't lie, she don't lie, she don't lie; cocaine."

 

[ProfitTakgFool]

increase, think about this for a minute now. You are using words like BEWARE, MASSIVELY, MASSIVE, WATCH OUT! Dude, you are just ooooozing with emotion. Were you bug-eyed when you typed this? Get a grip. The market will either go up or down and when it's finished doing that it will go either up or down. Massive Caution? Why, because a few economic numbers are coming out. That stuff gets released pretty much each day.

Quote from increasenow:

BEWARE: The STORM Called the NEXT 2 TRADING DAYS...here is why...
go ahead and get your favorite economic calendar out...go to www.nasdaq.com or www.dailyfx.com with the economic reports due out and the European Central Bank decision looming and tomorrow's EIA Crude Oil report...WATCH OUT!!!...that is why there is a holding pattern in the market right now...note this...the EURO, DOW and CRUDE OIL will all MASSIVELY MOVE IN THE NEXT 2 DAYS FROM THIS TIME OF 4:58pm NEW YORK TIME...please do trade with CAUTION the next 2 days...this is not to even mention the tension in the world and unexpected events...please again, trade with MASSIVE caution!

 

[Cocaine]

Just let the sideline jockeys make their predictions, I prefer to listen to the market and get long or short accordingly and make money

Quote from ProfitTakgFool:

LOL. Yep, that was a pretty good thread. It puzzles me why people make such predictions. Think about how simple trading can be....if the chart says buy, you buy. It really isn't that hard.

Today the chart said buy and hold overnight so the logical thing to do is buy and hold overnight. Right? Wrong? Who cares?

 

[staffpro]

speaking of cocaine



http://www.youtube.com/watch?v=xfNluQ888g4

 

[increasenow]

Quote from staffpro:

agreed. for those of us that are too lazy

here's Wednesday

Bank Reserve Settlement


Bank Reserve Settlement


Monster Employment Index
[Bullet] 6:00 ET

MBA Purchase Applications
[Bullet] 7:00 ET

Challenger Job-Cut Report
[Bullet] 7:30 ET

ADP Employment Report
[Bullet] 8:15 ET

Factory Orders
[Consensus] [Bullet] 10:00 ET

EIA Petroleum Status Report
[Bullet] 10:30 ET

and here's Thursday

SIFMA recommended early close 2:00 ET

Weekly Bill Settlement
52-Week Bill Settlement

ECB Announcement
[Bullet] 7:45 ET

Employment Situation
[Consensus] [Star] 8:30 ET

Jobless Claims
[Consensus] [Bullet] 8:30 ET

RBC CASH Index
[Bullet] 9:00 ET

ISM Non-Mfg Survey
[Report] [Bullet] 10:00 ET

EIA Natural Gas Report
[Bullet] 10:30 ET

3-Month Bill Announcement
[Bullet] 11:00ET

6-Month Bill Announcement
[Bullet] 11:00ET

Money Supply
[Bullet] 4:30 ET


probably the two biggest will be the crude report and then the ECB announcment if raised then hello lower dollar and higher oil/gold

wwow...great post

 

[ByLoSellHi]

Oil Bulls are killing equity markets.

Killing it.

They are the problem. Terminate them.

 

[musclemoney]

Quote from staffpro:

speaking of cocaine



http://www.youtube.com/watch?v=xfNluQ888g4

LOL!!!!!!!! I was thinking wtf, then watched the video.

Here's the one I know (Yes I'm in my mid 30's, so this was and still is good music!):

http://www.youtube.com/watch?v=YT1pFwYeaBI

Good video too! Gotta love the government making millionaires from outlawing things that make ya feel good, and keeping things like alcohol and cigarettes legal for the taxes collected...

That's why I'm more Libertarian than anything else. I don't need the govt. telling me what I can and cannot put in my body, when they squander MY tax dollars on ignorant shit, and hold hearings about hearings.

 

[increasenow]

this post MASSIVELLY confirmed today

 

[kickboxers]

a professional trader should be able to 'daytrade' in any market condition in any day...as for overnight unhedged positions, than trade lightly.

Quote from increasenow:

BEWARE: The STORM Called the NEXT 2 TRADING DAYS...here is why...
go ahead and get your favorite economic calendar out...go to www.nasdaq.com or www.dailyfx.com with the economic reports due out and the European Central Bank decision looming and tomorrow's EIA Crude Oil report...WATCH OUT!!!...that is why there is a holding pattern in the market right now...note this...the EURO, DOW and CRUDE OIL will all MASSIVELY MOVE IN THE NEXT 2 DAYS FROM THIS TIME OF 4:58pm NEW YORK TIME...please do trade with CAUTION the next 2 days...this is not to even mention the tension in the world and unexpected events...please again, trade with MASSIVE caution!

 

[1flyfisher]

Uuuuummmm yesterdays chart did not tell me to go long. It told me to remain short my positions in the markets and equities. We had a wimpy rally off of GM not getting as crushed in June as they will in July Aug Sept and the rest of the year.
All in all it was a weak false sputter of a rally and I was able to see that we would head lower today. Very clear to me. The Trend hasn't been broken.
We will be heading lower in this bear market. MUCH LOWER.

Watch and Learn.

Quote from ProfitTakgFool:

LOL. Yep, that was a pretty good thread. It puzzles me why people make such predictions. Think about how simple trading can be....if the chart says buy, you buy. It really isn't that hard.

Today the chart said buy and hold overnight so the logical thing to do is buy and hold overnight. Right? Wrong? Who cares?