Feburary could be a great month- Stay positive

"AHH THE DAYS LIVERMORE LIVED FOR"

"I had been right. I had looked ahead and followed a clear cut plan. I had learned what a man must do in order to make big money; I was permanently out of the gambler class; I had at last learned to trade intelligently in a big way"

By the standards of some here, what a MOOK Livermore was, he was predicting rather than trading what he saw!
 
Quote from my2cents:

Hey Day! Day? Anyone seen day? Daaaaayyyy!!!???

Asian Stocks Drop as U.S. Service Industries Shrink

Feb. 6 (Bloomberg) -- Asian stocks fell, with the region's benchmark set for its first back-to-back drop in two weeks, after a contraction in U.S. service industries fueled concern that the world's largest economy is in a RECESSION.

http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=a1ChjOIy26Lk

Can the writing on the wall be any clearer?

Just,
My2¢¢


Some unknown bygone index from ISM that nobody knows didn't drop the market, its was short selling a FED INSPIRED RALLY and all the bears jumped on it. Wonder which way these morons will trade tomorrow. They were waiting for the market to turn up and than start selling. Now they will retest the lows of 1/22/2008.
Than wait for some upside and try to short again. Seen that been there done that.
 
Quote from The Swordsman:

Day7793, you've been AWFUUUULLLLYYY quiet thus far? Account taking another beating so far today?


No it was your day, take the lead, pour in some empty boasts, and tell us how good you feel if your funk wore out or not.
 
Quote from Day7793: Some unknown bygone index from ISM that nobody knows didn't drop the market, its was short selling a FED INSPIRED RALLY and all the bears jumped on it. Wonder which way these morons will trade tomorrow. They were waiting for the market to turn up and than start selling. Now they will retest the lows of 1/22/2008. Than wait for some upside and try to short again. Seen that been there done that.

Wow! You sound really angry dude. What's the matter? Bears got your panties all in a bunch? Shorts steal all your money again today asno?

Let's see, futures dropped 20 points upon release of the ISM report at 08:55 EST. Yeah, that report didn't drop the market, the Fed inspired rally did, yeah that's it! That's the ticket!

http://www.youtube.com/watch?v=TT32h4h6-Jg

Get back on topic here and pay attention to what's coming down the pike. Notice any theme in the following headlines?

MarketWatch - ISM report fans recession fears; stocks drop
AFP - Recession fears gain as service sector plunges
CNNMoney.com - Recession is here – economists
Reuters - Fed's Lacker sees chance of recession
Boston Herald, United States - ‘It’s a recession” economist Nigel Gault
Financial Times, UK - Markets hit as data point to recession
Guardian Unlimited, UK - US services index plummets, points to recession
Reuters - Wall Street skids about 3 percent on recession sign
Reuters - US recession could be worse than recent downturns

Here’s one more for you:

PALM BEACH GARDENS, Fla. (MarketWatch) -- The Federal Deposit Insurance Corp. is gearing up for the prospect of a large bank failure. FDIC data indicate there were 65 institutions with assets of $18.5 billion on its list of "problem" institutions. Barr would not elaborate on their sizes. Nor will the FDIC name the institutions.

Don't say you weren't warned. Have a nice day!

Just,
Mi2centavos
 
It's those evil shorts that cause markets to go down. if it wasn't for the evil, UNAmerican shorts Day would not have such huge losses. Didn't you see Kudlow on CNBC saying there was no recession (reminds me of Goebbels).
 
That temple is looking shaky! I think too many ET'ers are removing bricks from the bottom :eek:

Quote from day7793:

Keep it up. Make sure you pull the Temple down. Today 370 tomorrow 400 and gring it to zero.
 
Keep it up. Make sure you pull the Temple down. Today 370 tomorrow 400 and gring it to zero.
----------------------------------------------------------------------------- Day, what does that even mean?
 
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