Doesn't anyone remember 2000?

Quote from athlonmank8:

what are we gonna do? Make new highs lol? Look at a graph for fuck's sake. 2000-2003 was a slow volatile burn.

Anyways, im actually holding a few China longs overnight so I hope the market gaps up on APPL news.

Hell, I still wish I had held that SNDK long too. Ah well. Another good day on the books.
More...

SEED. One of the few China longs I took.

Nice
 
Quote from stock_trad3r:

We're going to make new highs easily this year

still have all of december and november
More...

Just stop it with that. Being biased in 1 direction or another at the moment is suicide.

BTW you were wrong for NOV and right now DEC isn't looking like any new highs will be taking place either.
 
Quote from athlonmank8:

Taste of reality. I even got mine.

This is almost EXACTLY what happened in 2000. Timing and everything. Amazing.
More...

Still a lot like 2000. This run up should roll over.
 
Quote from athlonmank8:

Just stop it with that. Being biased in 1 direction or another at the moment is suicide.

BTW you were wrong for NOV and right now DEC isn't looking like any new highs will be taking place either.
More...

The ability to take money, consistently, out of the markets has absolutely nothing to do with predicting market direction. Another way of describing this way of thinking is akin to fools gold
 
Quote from athlonmank8:

Just stop it with that. Being biased in 1 direction or another at the moment is suicide.

BTW you were wrong for NOV and right now DEC isn't looking like any new highs will be taking place either.
More...

Problem is anytime the market looks like it is going down the bent Fed comes in like clockwork to stop this happening. Big positions take time to unwind so the Fed string pullers need to buy time and keep the propaganda machine cranking so that they can liquidate onto the CNBC viewing sheep. Also lower rates means higher Toxic waste prices and it also buys time for technically insolvent banks negative equity situations to be resolved.

The Fed should be abolished, otr at least cut out a swathe of middleman salaries and benefits and a lot of deception.
 
Quote from athlonmank8:

Still a lot like 2000. This run up should roll over.
More...

6ktpb49.jpg

All I can say is I see shorts going in Friday.
Great place to get short as it seems, 50ema/trendline/fib ambush zone/structure resistance/.
Notice it did break those only to be rejected, another reason I think those were shorts going in on an upthrust.

I'll be amazed if Monday is green, but I'll be ready to trade either way. If the above mentioned resistance cluster breaks with buyers we could get a HUGE rally.
 
Quote from mokwit:

Problem is anytime the market looks like it is going down the bent Fed comes in like clockwork to stop this happening. Big positions take time to unwind so the Fed string pullers need to buy time and keep the propaganda machine cranking so that they can liquidate onto the CNBC viewing sheep. Also lower rates means higher Toxic waste prices and it also buys time for technically insolvent banks negative equity situations to be resolved.

The Fed should be abolished, otr at least cut out a swathe of middleman salaries and benefits and a lot of deception.
More...

Agree with a lot of that
 
Quote from elite34s:

The ability to take money, consistently, out of the markets has absolutely nothing to do with predicting market direction. Another way of describing this way of thinking is akin to fools gold
More...

Technical is still weak (however did get an initial buy from the MA's), but fundamental weak.

Sell signal hasn't been triggered for the downside however Im not in willing to play the upside quite yet. I dont get a break down that's fine, however If I do i'll be more tahn ready for it.

If we then get a break to new highs i'll cover and stay neutral.
 
You must log in or register to reply here.
Back
Top