Ok I think the rally is over short 1428 this is the top!
ES Journal - 2012
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I hope spectre did NOT trade his call of 26 ES drop and INDU to 12,900 by EOD today.
Lines are great, I use them all the time. But lines don't move people who don't care about lines and they certainly don't move managers who need to move money.
No disrespect intended spectre.
Lines are great, I use them all the time. But lines don't move people who don't care about lines and they certainly don't move managers who need to move money.
No disrespect intended spectre.
at least he is waking up to reality. market is getting all excited about something that will ultimately have a negative affect on the economy. buy the rumor sell the news. wall street plays the game all too well.
http://www.bloomberg.com/news/2012-...fer-raises-tax-hike-threshold-to-400-000.html
http://www.bloomberg.com/news/2012-...fer-raises-tax-hike-threshold-to-400-000.html
Santa Clause rally in full swing now, and getting ready for the removal of "cliff" uncertainty. This may be a big single event or multiple events (D.C. drama) to spike markets on or before January first.
Your post will be removed and put into..who making money today like all mine over the last two weeks telling everyone not to short going to YTD highs before year end. This forum is so rigged.
I agree that the most likely direction is up from here, but it's not fair that you can have a big mouth without backing it with something and when shit hits the fan (like has happened before) you take a silent exit.
Since you don't have the balls to do it yourself, I'll do it for you:
You bought the close yesterday. Let's see what happens. It's a no brainer, so you should be safe. Leveraged to the hilt.
Why were you so correct on that position? Did you not take heat from the moment you entered? And then switched short when the market made new highs?
Hindsight is always 20/20.
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