Black Tuesday - BEAR MARKET MODE GENTLEMEN!!!

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Quote from Babak:

wow, just the kind of post that I'd love to see!

the retail investors have already soiled their pants and the market is deep oversold... and then I find this on ET

we'll see how it all shakes out but personally, I think we're about to see a great buying opportunity, this goes into detail why.
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Classic!! I mean classic garbage from the idiot who has never, EVER gotten it right.

"deep oversold" on 1/8/08 LOL !

http://www.elitetrader.com/vb/showthread.php?s=&threadid=113651&perpage=6&pagenumber=3
 
The latest ponzi scheme run for the bulls ends this Monday. They better hope the gap up holds. The 3 consecutive Tuesday huge gains ends this Tuesday. It's time to re-enter short positions for the next bloodbath around the corner.

You don't want to be long the week of April 14th either.
 
Gonna teach the bulls a lesson for running it 400 points up 2 different times on ya in a week huh. I'm they are scared as to what the bears might do - lol

Quote from pumpanddumper:

The latest ponzi scheme run for the bulls ends this Monday. They better hope the gap up holds. The 3 consecutive Tuesday huge gains ends this Tuesday. It's time to re-enter short positions for the next bloodbath around the corner.

You don't want to be long the week of April 14th either.
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The ponzi scheme run ended for the bulls at 12,700 yesterday.

As a position trade you now have some breathing room for the downside today. It is up to the bear protection if they want to run the market and kick her down after the gap down and do the dirty work. It is up to you if you want to cover or add gigantic red candles to pad position.

You can forget about a 400 point gain this Tuesday. Trade it like you see it.
 
Quote from bh_prop:

Gonna teach the bulls a lesson for running it 400 points up 2 different times on ya in a week huh. I'm they are scared as to what the bears might do - lol
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You taught yourself a lesson. Bears cannot rule more than few weeks or few months. They get squashed by Fed sponsored rallies and rate cuts! Feds have punted these markets through the goal posts.. how do you like that huh?

I bet you would like to deface our charts of GOOG, RIMM, AAPL, BIDU and SPX. Go do it on someone else's leg.
 
I can't wait for someone to start a Black Saturday/Sunday thread. Those make as much sense as these Black Monday/Tuesday/Wednesday/Thursday/Friday threads.
 
Quote from Thermactor:

I can't wait for someone to start a Black Saturday/Sunday thread. Those make as much sense as these Black Monday/Tuesday/Wednesday/Thursday/Friday threads.
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This is close. The market had been closed for nearly 1/2 an hour.

01-18-08 04:43 PM

SURF ALERT SURF ALERT

suggest CLOSING YM SHORTS @ 12250.

GO FLAT FOR WEEKEND, stay tuned for next play.


stay SHORT oil here.


good weekend all,

surf
 
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