ER2 has topped?

[lolo24ca]

Quote from lolo24ca:

good morning guys....it's 10:24..and there 's a beautiful sale signal forming just above the daily R1...i'll short at 759.4...


good trading

I GUESS THAT 200MA IS REALLY STRONG


DAMMMMMN ..OH WELL...WILL SEE IN THE AFTERNOON

 

[polpolik]

The market will not go bearish until all bulls jump in. I think there will be a significant move upwards much like today but bigger before the market starts tumbling.

Also, there hasn't been any big reversals where markets are up 1-2% and end up going red 1-2%.

Until that happens, I'd stay very cautious shorting at this juncture.

 

[joeyata1]

man shorting the russell today was painful for anyone who tried. what a huge run been a long time since i've seen something like that

 

[mhashe]

Quote from mhashe:

Actually it's amazing how the markets are holding up at these levels inspite of higher interest rates and downright abominal energy prices. It almost seems it's waiting for some decent news to blast right back up. Historically markets have gone higher during war time, so I suspect there is more upside potential after the usual pullbacks.

Who said the market is neutral? The market is indeed by far the most perverse of mans creations

 

[stktrdr]

ER2 will see 800 before the end of the month. 790 on Friday.

 

[lolo24ca]

Quote from stktrdr:

ER2 will see 800 before the end of the month. 790 on Friday.

i agree... add 8 more points to that

808.00 baby !!!

 

[stktrdr]

Quote from lolo24ca:

i agree... add 8 more points to that

808.00 baby !!!

At this rate we gonna see that by the end of THIS week.

Man, this thing is on steroids. I think so many peep are short.

Gonna make the shorts squirm in their shorts.

BUY, BUY, BUY, BUY!

Up, Up, Up we go!

 

[dealer]

Sold ER2 short at 774. Stop above 784. Target 740.

 

[riskarb]

Quote from stktrdr:

At this rate we gonna see that by the end of THIS week.

Man, this thing is on steroids. I think so many peep are short.

Gonna make the shorts squirm in their shorts.

BUY, BUY, BUY, BUY!

Up, Up, Up we go!

Where is this gerbil now?

 

[stktrdr]

Quote from dealer:

Sold ER2 short at 774. Stop above 784. Target 740.

You are NUTS!

So what.... ER2 is off 10 or so.

Let it come off some more and then...BAM! BUY, BUY, BUY!