Hit new highs or crash?

[Tsing Tao]

Anyone watching this testimony by Yellen? It's hilarious! Talk about out of one's league.

Market loves it, though, and that's all that matters!

Buy stawkes!

 

[Wide Tailz]

Market has resumed the V bounce, for the record. Just like the old POMO days :eek:

 

[failed_trad3r]

Where you at, failed?

Yellen just spoke to CONgress today and The Market hasn't yet figured out what it wants to do.

Are you still short?

you are gonna get crushed shorty. just looking at the poll everybody is long and strong. ET sentiment is way too positive. this crash is gonna be amazing.

You scared? I just bought more puts

 

[badnewsbear]

you are gonna get crushed shorty. just looking at the poll everybody is long and strong. ET sentiment is way too positive. this crash is gonna be amazing.

You scared? I just bought more puts

You should put all your money in those puts so you can get wiped out and never post your stupidity on this forum again.

 

[Wide Tailz]

you are gonna get crushed shorty. just looking at the poll everybody is long and strong. ET sentiment is way too positive. this crash is gonna be amazing.

You scared? I just bought more puts

Just sold all my TNA calls, still long some small cap stox but now I have a few TNA puts from a couple days ago, underwater. I hope we get a little pullback soon :eek:

I'm glad you're still here. You provide valuable commentary to the forum.

 

[Wide Tailz]

You should put all your money in those puts so you can get wiped out and never post your stupidity on this forum again.

I actually voted "crash" because I'm looking at TNA, although QQQ just made a new high. Who knows, though I implore you to consider how accurate failed_trad3r is as a sentiment indicator. I'd hire him as an advisor if I ran a fund.

 

[R. Raskolnikov]

I heard a few mins of it and was NOT impressed by her. Too many "uh, uh, uh..." answers.

Agreed, she seems way of out her league!

Anyone watching this testimony by Yellen? It's hilarious! Talk about out of one's league.

Market loves it, though, and that's all that matters!

Buy stawkes!

 

[failed_trad3r]

I actually voted "crash" because I'm looking at TNA, although QQQ just made a new high. Who knows, though I implore you to consider how accurate failed_trad3r is as a sentiment indicator. I'd hire him as an advisor if I ran a fund.

Thank you for your comppliment, but lets not jump to conclusions. 75% of ET are bullish, they are always wrong. The market is going down, mark my words.

 

[Wide Tailz]

The forum has you on record, several times!

 

[Bry]

I too saw that 1929 crash chart overlay on another website, and am ready to respect it. I am also ready to respect if Fed manipulation will keep the market going higher.

Studying the charts daily will keep a smart technician on the right side of the market.

Much appreciation to the mature traders at www.elitetrader.com who share information to help other traders.

There is a key trend line at the lows of several days ago, which also corresponds with the S&P 150 day SMA. If those are breached, the bear is awakening.