Doesn't this seem a bit excessive?

Quote from GrandSupercycle:

Extreme overextension from recent equity rally should result in a
significant retracement.

S&P500 daily charts show updated rising wedge and possible head and shoulders pattern with target of 1150 when confirmed. Recent aggressive buying and short covering is revealed by very bullish candles.

http://stockmarket618.wordpress.com

You are clueless. You called for a massive correction at 1260 that would smash 1220. We are now at 1330. You could not make a worse call, and suddenly your "Copper as a leading indicator" idea gets forgotten when it doesn't please you.

And, again, when you predict a -10% ++ move in the entire market, and it goes up almost 6%, you ignore your mistake like it never happened.
 
Quote from S2007S:

There hasn't been one buying opportunity in the last 500+ dow points unless you bought last Friday at the close and held into this Friday.....other than that anyone buying now is chasing a rally and will learn after the next pullback not to buy when the market is in rally mode but to buy when the market is selling off extremely hard. Right now you should be selling into this rally NOT buying!

What is wrong with you? A "buying opportunity" is every second there is an ask. I don't think the ask has been gone at any time.

Just because you're so fearful you need a dip to buy doesn't mean other people won't have more courage ;)

Luckily there's a lot of idiots like you so it's going to go much higher because a lot are waiting to buy or close their bleeding shorts on a dip which could possibly not come for some time.
 
Quote from Nine_Ender:

You are clueless. You called for a massive correction at 1260 that would smash 1220. We are now at 1330. You could not make a worse call, and suddenly your "Copper as a leading indicator" idea gets forgotten when it doesn't please you.

And, again, when you predict a -10% move in the entire market, and it goes up almost 6%, you ignore your mistake like it never happened.



Notice how he disappears during the sell-offs, then comes back after a few up days and does his chest pounding.
 
Quote from Nine_Ender:

. I specifically mentioned support at 1248 on the S&P 500.

Yeah, like all the other pikers who thought it would go down to 1250 so they could buy nice and easy, only to find out a week later it's run away in the most violent way imaginable and they are now left with the option to buy at higher prices or stay out of the action.

I really don't have much sympathy for you either. I think you know why.
 
Was it at the same time Bicycleboy officially declared the USD rally open, a couple of weeks ago, when 1euro was 1.41USD :D

I would look it up but I decided to put him on ignore, it gets tiring to read the same outlook post after post no matter the market situation.

Unfortunately closed a laaarge position in Carrefour at the beginning of this rally and missed quite a bit of it. Still managed to finish June out of the red and am still very slightly leveraged long , closing slowly a few positions to possibly get unleveraged on tuesday, and see from there, as all End of quarter, 1st day of the month, long week end holidays will be over.
 
Quote from GrandSupercycle:

Extreme overextension from recent equity rally should result in a
significant retracement.

S&P500 daily charts show updated rising wedge and possible head and shoulders pattern with target of 1150 when confirmed. Recent aggressive buying and short covering is revealed by very bullish candles.

http://stockmarket618.wordpress.com

Wow, I looked at your blog - if you're wrong, you're going to get slaughtered. You're positioning yourself for corrections in all risk categories and currencies, eh...
 
Quote from Tsing Tao:

Wow, I looked at your blog - if you're wrong, you're going to get slaughtered. You're positioning yourself for corrections in all risk categories and currencies, eh...

He's actually been making the same calls since at least last summer... makes one wonder if he has any position at all.
 
Quote from Locutus:

Yeah, that support comment makes you an even bigger moron, like all the other pikers who thought it would go down to 1250 so they could buy nice and easy, only to find out a week later it's run away in the most violent way imaginable and they are now left with the option to buy at higher prices or stay out of the action.

I really don't have much sympathy for you either. I think you know why.

Buddy, you obviously don't understand support levels, or how to trade them. I fail to see how I can be a moron for identifying a support level, and I fail to see any discussion of entry and exit points on any trade. But there is a poster claiming there was no entry point there, and there was clearly a potential entry point in the low 1260s for short term traders.

Personally, I find summer markets choppy. I'm pretty sure this fall will be a better opportunity.
 
Quote from Nine_Ender:

Buddy, you obviously don't understand support levels, or how to trade them. I fail to see how I can be a moron for identifying a support level, and I fail to see any discussion of entry and exit points on any trade. But there is a poster claiming there was no entry point there, and there was clearly a potential entry point in the low 1260s for short term traders.

Personally, I find summer markets choppy. I'm pretty sure this fall will be a better opportunity.

I'm not your buddy, pal.

Anyway, fair enough you didn't list any entries, but I bet those RIMM shares of yours looked pretty good at 70 bucks a few months ago didn't they?
 
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