Boy Who Cried Bear Says We Are Going Down

[Ivanovich]

Quote from athlonmank8:

Out 1/2 @ break even on the close.

You can stop being an ass now though. We get it lol.

I will say this, risk was covered by 11AM today. The trade was perfect IMO.

I'm just the messenger. Hate the game, not the playa.

 

[Lojanica]

Quote from Ivanovich:

I'm just the messenger. Hate the game, not the playa.

Do I hear the challenge of a trading smackdown? I'll gladly be Don King? Whaddyou boyz say, eh?

Post your results here in real-time.

Yeah, uh-huh........

 

[Ivanovich]

I don't profess to be better than anyone else. I just make money buying dips. It's worked for the last six months. When it ceases to work, I'll stop and reassess.

 

[Lojanica]

Quote from Ivanovich:

I don't profess to be better than anyone else. I just make money buying dips. It's worked for the last six months. When it ceases to work, I'll stop and reassess.

Please do not misunderstand. You HAVE been very correct, hence, the offer to mediate a challenge from which I can fulfill my self-serving interest which is to learn from ET. Hopefully, others may learn from this as well.

Cheers

 

[piezoe]

Quote from shortie:

I apologize in advance for posting my repetitive bearish predictions. I remind myself of the boy who cried bear until people stopped paying attention. Is anybody still listening?

The charts and my anal-ysis are coming up. For now I just say that I remain a stubborn bear and that we should go down for real this coming week.

Agree? Disagree? Post your charts, opinions, jokes, etc if they somewhat relate to the next week action (and even if the don't, it's ET after all! )

Peace!

If you continue, you will ultimately be correct. You deserve credit for saying when, even if you turn out to be wrong. I too expect that next week it is coming, only because options expiration is this week, and in the short run the market can exist very far from reality. But I am not predicting! I am merely, by slip of the keyboard, revealing what's on my mind. (I do think Miss Market wants desperately to make it to 1200 before the Summer doldrums, but I am not predicting, mind you! )

On those occasions, which is most of the time, that the market does drift from reality, and then, after trying our patience, exasperating and thwarting our finely honed, and most brilliant, prognostications, it finally behaves as we knew all along it would, we can never be certain whether it is reality that has changed, or whether Miss Market has decided to cease her misbehavior and pout for awhile. The near term predicting business does not satisfy ones ego quite as it should.

 

[lurefo]

Quote from athlonmank8:

Yup, we'll I don't trade on gut feeling. Sorry to disappoint you.

Where did I say you trade on gut feeling? actually I am not really interested in your strategy. I posted in this thread to stress how much the retail crowd has been trying to call tops in an extraordinary strong bull trend. That's it. I'm not sure why you tried to turn it into something personal in the first place.

If you don't trade on gut feeling, then I'm glad you leave that to the losing crowd. Yet, I don't see why you felt so concerned by my remark.

Quote from athlonmank8:

Also, you quoted Prechter. Was that a joke or something because I missed it if it was?

I quoted Prechter? where? I think you got confused with someone else's post: http://www.elitetrader.com/vb/showthread.php?s=&postid=2767231&highlight=prechter#post2767231

Market does that to traders sometimes. Good luck with your shorts though.

 

[athlonmank8]

Quote from Ivanovich:

I'm just the messenger. Hate the game, not the playa.

. I was break even. I don't hate anything. In fact I could stop out and I'd be completely content. You on the other hand. If your head gets any bigger it's not going to fit in this thread.

 

[S2007S]

12 days in a row!!!!!


Last Trade: 115.49
Trade Time: 4:00pm ET
Change: Up 0.03 (0.03%)
Prev Close: 115.46
Open: 115.26
Bid: 115.55 x 3400
Ask: 115.56 x 200
NAV¹: 115.47
Day's Range: 114.60 - 115.575
52wk Range: 74.73 - 115.97
Volume: 146,663,472
Avg Vol (3m): 182,658,000
YTD Return (Mkt)²: 26.31%
Net Assets²: 66.71B
P/E (ttm)²: 14.75
Yield (ttm)²: 2.03%




12-Mar-10 115.95 115.97 115.14 115.46 161,957,500 115.46
11-Mar-10 114.70 115.48 114.35 115.45 160,462,300 115.45
10-Mar-10 114.51 115.28 114.41 114.97 185,855,200 114.97
9-Mar-10 113.93 114.99 113.87 114.46 154,438,200 114.46
8-Mar-10 114.26 114.52 114.07 114.27 114,537,200 114.27
5-Mar-10 113.37 114.34 113.10 114.25 176,053,800 114.25
4-Mar-10 112.45 112.80 112.03 112.64 135,539,800 112.64
3-Mar-10 112.49 112.97 112.02 112.30 150,635,700 112.30
2-Mar-10 112.37 112.74 112.00 112.20 160,937,400 112.20
1-Mar-10 111.20 112.00 111.17 111.89 147,559,000 111.89
26-Feb-10 110.77 111.12 110.11 110.74 173,453,100 110.74
25-Feb-10 109.24 110.75 108.94 110.67 259,105,900 110.67

 

[athlonmank8]

Quote from shortie:

let's pretend that last Fri was the top. given that this week is opt expiration, could this somehow mask the decline that is about to unfold?

. It sure could have been. Imo there's a good chance it was. Your entry's excellent. The decline will start out similar to jan/feb's decline as well as magnitude. Ignore the idiots in this thread. The entries were perfect. The problem is the regression up currently but that could change quick. It's the only reason I took some off today when the fall was reversed but I'm ready to put it right back on especially after what we see tomorrow.

 

[shortie]

as I was reading the article for some reason I was thinking about the stock market....


New Jersey Woman Wants to Weigh 1,000 Pounds

Monday, March 15, 2010
By Colleen Cappon


Donna Simpson, who already weighs 600 pounds, is determined to become the world's fattest woman.

Meet Donna Simpson. She's going to cost you. A lot.

Simpson, of Old Bridge, N.J., is 42 years old, has two kids and a boyfriend, and she weighs 602 pounds. That's right ... 602 pounds.

She's on a diet, of course, because she a goal in mind:

She wants to weigh 1,000 pounds.

That's right ... 1,000 pounds. It's a nice, extra-round figure — almost as big as what her unhealthy choices will ultimately cost taxpayers....


http://www.foxnews.com/story/0,2933,589377,00.html