Quote from tha_waco_kid:
I'll take a stab - there are plenty if you go back to the march lows of 09...that is about 13 months - ish, a little more but I think that was the intent of the statement
two off the top of my head:
HIG -
March low- 2.32
high - 30.46
F -
March Low- 1.17
High - 14.57
Of course my math may be off, but that would be roughly 1300% for HIG, and 1250% for F.
Quote from panamaorange:
This thread just proved my point. Even this board wasn't so bearish at the start of February and July squeezes over the past year.
No, im not don Harold. He completely disagrees with my prediction for an oil gap up to 90, and dow gap to 13-14k by fall. But, I do post on his blog.
How can anyone look at the price action in DBA over the last week, or USO over the last 3 days, and not see inflation coming?
Today's WW3 korea scare wasn't even able to bounce the dollar past thursday's highs.
Im not predicting "a bounce", im predicting the start of "the big one". The one that catches more herd chasers than any of the last 2 squeezes.
We don't need europe or the US to lead. Leadership will come form the Bric nations. It will be literally, an exact repeat of 2007 (EEB leading the market)
Quote from failed_trad3r:
Facts:
COT report SHORT Euro was all-time highs.
COT report SHORT Pound all-time highs.
Mc Clellan historic oversold levels.
http://seekingalpha.com/article/206373-mcclellan-oscillator-was-that-the-bottom
DOLLAR GOLD has hit all-time high, though pulling back now.
EURO GOLD hits â¬1000 first time ever.
Stocks 90% of stocks hit below 50 day MA
http://stockcharts.com/h-sc/ui?s=$nya50r
Last time this happened was in october 2008 when we had a huge 15% short covering rally and in march 2009, when we had the bottom. We actually didn't have this even in feb 2010 or in the flash crash (at least the close)
The only wildcard is the BP oil spill which now seems to be bigger than 9-11 in terms of damage. The pipe which oil came out just exploded, now there just a large gaping hole pushing out oil under tremendous pressure. They may need to nuke it.