CL Redux

[riskaddict]

Quote from Zen Student:

Remember guys, time to buy as the trend is up and we always buy with an uptrend. Even if it looks like "it can't go any higher", that is the best time to buy and thinking the market can't keep going is just ego!

It is holding the moving averages and uptrend lines nicely today!
Make sure to buy every trendline bounce and major retracement so you don't miss out on the several hundred point upmove which is sure to come today when we nuke Iran.

I see a downtrend

 

[ammo]

dollar holds or drops to that cleav

 

[Zen Student]

Quote from riskaddict:

I see a downtrend

Double bottoms, breakouts, higher highs and you see a downtrend? Oh well, I suppose one of you lot would be bound to get it right by pure chance.

Does look like every limp dick was buying yesterday and today and getting their peckers chewed in the bear mincer. Funny really.

Oh look, another double bottom. Maybe time to buy again?

 

[BCE]

Shorted @100.57 and out @100.06. Too early. Never made it back to bed.

 

[ammo]

Quote from Zen Student:

Double bottoms, breakouts, higher highs and you see a downtrend? Oh well, I suppose one of you lot would be bound to get it right by pure chance.

Does look like every limp dick was buying yesterday and today and getting their peckers chewed in the bear mincer. Funny really.

Oh look, another double bottom. Maybe time to buy again?

going to have to change your handle to ben student,too much condescesion /anger for zen

 

[Zen Student]

Quote from ammo:

going to have to change your handle to ben student,too much condescesion /anger for zen

Not angry - just amused. Isn't that what is taught here - higher highs and higher lows, breakouts, and double bottoms.

Yet on a day like today, nobody wants to admit being long and wrong, despite all the cherished technical analysis saying "buy". Where we are in the bigger picture cycles, this goes for most timeframes today.

How many will try and buy and keep getting rolled over for the rest of the session? Who knows, but I doubt we'll see any honesty about it here.

Carry on.....

 

[EON Kid]

Quote from Zen Student:

Double bottoms, breakouts, higher highs and you see a downtrend? Oh well, I suppose one of you lot would be bound to get it right by pure chance.

Does look like every limp dick was buying yesterday and today and getting their peckers chewed in the bear mincer. Funny really.

Oh look, another double bottom. Maybe time to buy again?

I just don't know what happened, the science was so solid

 

[clightmarathon]

Quote from ammo:

going to have to change your handle to ben student,too much condescesion /anger for zen

reminds me of somebody...

 

[ammo]

i see a lot of chop ,dont see any trend buy or sell,but in hindsight would have liked to have trade off these tl.s,as far as the people in here,more condescension,knock it off,i think they're honest

 

[BCE]

There does seem to be support at the 99.30-99.40 level.