I want to see blood

Quote from coolweb:

I want to see fear and bloodshed
for the next 4 months.

so I can invest with confidence once september earnings comes.


Please market,
Take all stocks down at least 30-40%
Take the market down at least 10%

I will busy myself with something else for the next 4 months :D
I will also be sitting here laughing every single day at the buy and hold investors who are long. their pain will be my satisfication.


Waiting for the next bull trend in all the FXIs, GOOGs, NVDA , EWJs, TFs, PCUs, MINIngSTOCKS, PTRs, ADMs, and a bunch of other shit.

I bet you the catalyst of the next bull trend will be hte FOMC meeting saying they will stop raising interest rates,
probably in september , we should be up to 6% by then.
FOMC kills, yet FOMC brings to life.

BLOOD!
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you want the market to go where you want to go?

I tend to go where the market wants to go.
 
I think if market makers have too much inventories, the will raise they price to sell. If their inventories are low, the deflate the price to buy . It's all manipulations, I think . And market makers have to square out so they won't lose. It's us who will.
 
coolweb, for position trades, i buy support. i sell resistance

11383 was support.

i had a buy order set there for over a week.

it hit tonight and filled.

i'll check it @ 0845 hrs EST and see where it's at.

this was a key level i have waited over a week for the dow to come down to for another position trade to enter

as for intraday, i will wait for the open of course. but that's my position trade.

i trade YM for a decent living. take it for what it's worth
 
Quote from HGTrader:

livermore said something about the fools that try to wish the market in one direction....
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Sounds like you clearly have no idea what the hell you are talking about.

1) taking trading ideas out of context

2) not knowing that he's talking about

Difference between: wishing while having a position
and wishing while predicting where the market will be and having the foresight to plan the battle before it has even started.

3) quoting livermore like you think you know what he's saying


Feel smart now?
 
Quote from mcelitetrader:

Take a walk outside and see then sun

......I'm sure your bunker-mate Cheney also has to step out soon
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everything is about bush or cheney.
when you have a bad hair day is it also about bush-cheney?
 
Quote from coolweb:

Sounds like you clearly have no idea what the hell you are talking about.

1) taking trading ideas out of context

2) not knowing that he's talking about

Difference between: wishing while having a position
and wishing while predicting where the market will be and having the foresight to plan the battle before it has even started.

3) quoting livermore like you think you know what he's saying


Feel smart now?
More...

Nice, thanks.

Quoting a well known figure, although I don't know which Livermore was used as reference, is a sign of insecurity. One should base on one's own experience to make a statement, and even so, should state that "it is only my own humble opinion.". Last election, I was so sure Bush and Cheney would have to step down. Unfortunately, their opposition wasn't strong enough, and the vote count cheating in Florida was not expected .

Anything can happen in the stock market, and in life. The more money you have, the more winnig you get, the more advantages you have over others, the less your mentality is prepared of the unexpected, because you think you know it all .

And this is only my humble opinion.
 
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