HUGE CORRECTION awaiting YM, ES, NQ

[stevegee58]

Coming to? We've been "there" for quite some time.

 

[jficquette]

Quote from myminitrading:

Imus bashes the president of the US his wife and just about everybody else, then talks about a black sports team and is fired.
What is America coming to.

Clinton is a pot smoking weasel and Imus was just telling the truth. What's wrong with that?

John

 

[formikatrading]

Just to get this back on topic, I've attached a chart of the Russell showing some of the prior oscillator signals. We should be close to at least a short-term top or a consolidation of some point so probably best not to get too aggressive on the long side right now.

 

[ElectricSavant]

I went long the YM just b4 the dow cash close..

 

[formikatrading]

Whatever works for you. I'm not saying we have to go down tomorrow --- I'm just saying that the risk on the long side has increased.

Quote from ElectricSavant:

I went long the YM just b4 the dow cash close..

 

[stevegee58]

The Odds Czar sez that indications are mostly pointing to a down day for 4/17.

 

[formikatrading]

Well, I thought 1468 on the S&P might be a critical level too so at least some type of pullback was in order for today, even if it's only an intraday thing. Still, I believe we're in the process of setting up a short-term top or a consolidation based on the signals.

 

[Gaucho MM1]

Quote from increasenow:

Hey...let's get all comments on this...we are at a very serious point...seriously...could be HUGE move to downside this week or even higher up and then BIGGER downside...very seriously yours...IncreaseNow!!!!

damn, bitch........I'm getting excited just reading your posts.........hell, you could go into marketing and make a killing..........where's the gatorade...........

 

[stevegee58]

Are you sure you don't mean kool-aide?

 

[increasenow]

again...please lets all have a serious view with all of this...what are you feeling right now...correction still to happen?...look forward to the awesome replies!!