High Probability the Bottom is in - A rare Joab call

ElCubano · Nov 24, 2008

what JOAB made was not a call.....unless he is saying that we will never see 79.50 again on the spy.....

Landis82 · Nov 24, 2008

Quote from S2007S:

. . . as for the bottom being in, I have to continue to laugh, its just too funny for anyone who thinks thats todays news was worth 400 points on the DOW. I can guarantee the market drops and wipes out all these gains sometime over the next 2 weeks, we will be back under 8000 and everyone will be scratching their heads.

You obviously DO NOT TRADE for a living.

If you did, you would have played the long side of the market today for ALL it was worth.

Congratulations on over 7600 posts on ET ( most of which are in the TRADING forum ) and have absolutely nothing to do with TRADING!

ElCubano · Nov 24, 2008

Quote from Landis82:

You obviously DO NOT TRADE for a living.

If you did, you would have played the long side of the market today for ALL it was worth.

I played the short side and made money.....but then again im a gambler not a trader....

MandelbrotSet · Nov 24, 2008

WTF you guys?

Why oh why does everyone around here have to be a HATER#!!? :eek:

Damn, just give the guy "props" for his ... perfect call that would have resulted in a small fortune if you had traded it.

Shit, goodbye!

MandelbrotSet · Nov 24, 2008

Quote from Landis82:

You obviously DO NOT TRADE for a living.

If you did, you would have played the long side of the market today for ALL it was worth.

For anyone who knows what to look for, you are spot on correct.

ElCubano · Nov 24, 2008

Quote from MandelbrotSet:

For anyone who knows what to look for, you are spot on correct.

you mean for anyone looking in the rear view mirror.....

MandelbrotSet · Nov 24, 2008

Quote from ElCubano:

you mean for anyone looking in the rear view mirror.....

Not true my brother.

INDICIE (ES/NQ/YM) = Ultra Bullish
BANKERS = Ultra Bullish
TRIN = Dropping through the floor
VIX = Dropping like a rock

(I would add more, but that's all I wanna share).

What's it add up to?

Only one way the market can go, and it did.

ElCubano · Nov 24, 2008

Quote from MandelbrotSet:

Not true my brother.

INDICIE (ES/NQ/YM) = Ultra Bullish
BANKERS = Ultra Bullish
TRIN = Dropping through the floor
VIX = Dropping like a rock

(I would add more, but that's all I wanna share).

What's it add up to?

Only one way the market can go, and it did.

so after all this adding if the SPY is under 79.50 in the near future....will you come back and add some more for us???

S2007S · Nov 24, 2008

Quote from Landis82:

You obviously DO NOT TRADE for a living.

If you did, you would have played the long side of the market today for ALL it was worth.

Congratulations on over 7600 posts on ET ( most of which are in the TRADING forum ) and have absolutely nothing to do with TRADING!

I told you, Im long DXD, DUG and FXP these last 2 trading day, I sold URE today.

Joab · Nov 24, 2008

Quote from paysense:

Ya think. . .Joab make a stab at a great call and nails it? If this the actual bottom to the Bear Market Joab's guru status will be unequivocal!

(jealous)

Tops and Bottoms are what I do best, so we shall see.

Remember, I said High Probability ... nobody knows when, were or what will happen with 100% certainty.