Is S&P forming intermediate term double top?
- Thread starter fly down
- Start date
CLOSE THE THREAD !!!
Another failed call from Draw ( I mean Fly ) Down. Time to retire from the top calling business. That's around a dozen failed top calls in three months.
I presume he's going to be scrambling today like the other shorts trying to sell his positions or hedge them in some way, which ironically will help fuel an even bigger smash of the top today.
I feel badly for legit traders who got caught on the move but these arrogant types they deserve to be owned.
Another failed call from Draw ( I mean Fly ) Down. Time to retire from the top calling business. That's around a dozen failed top calls in three months.
I presume he's going to be scrambling today like the other shorts trying to sell his positions or hedge them in some way, which ironically will help fuel an even bigger smash of the top today.
I feel badly for legit traders who got caught on the move but these arrogant types they deserve to be owned.
And another blown call by rubberturd,jamestock,thorn,blowshan, flydown
YOU ARE THE BEST DAMN FADE ON ET
YOU ARE THE BEST DAMN FADE ON ET
Such idiotic analysis from both of you. Earnings remain strong, Bank of Montreal profits up 14% today even with trading revenues down. Copper breaks $4 because China's rising ( and real ) demand is rising. Try to keep up.
keep drinking the koolaid, yambag.
let's see...WHY are earnings up? topline growth isn't driving it. it's cost cutting. thats nice and all, but it cant continue forever. eventually youve fired all the people you have to and youve cut out all the inefficiencies of your production/supply chain. with input costs rising, you have to take up prices or your margin goes to shit. taking up prices in an environment with shaky spending is a sure way to kill it outright.
sheesh, this is econ 101 we're talking about.
let me ask you one, simple question. if the federal reserve today announced "we are done with QE2. we decided it is not the direction we need to go. furthermore, all liquidity programs will be discontinued. rates will continue where they are, but no more open market activity will continue."
do you think the market would rise or fall from that point?
let's see...WHY are earnings up? topline growth isn't driving it. it's cost cutting. thats nice and all, but it cant continue forever. eventually youve fired all the people you have to and youve cut out all the inefficiencies of your production/supply chain. with input costs rising, you have to take up prices or your margin goes to shit. taking up prices in an environment with shaky spending is a sure way to kill it outright.
sheesh, this is econ 101 we're talking about.
let me ask you one, simple question. if the federal reserve today announced "we are done with QE2. we decided it is not the direction we need to go. furthermore, all liquidity programs will be discontinued. rates will continue where they are, but no more open market activity will continue."
do you think the market would rise or fall from that point?
You just aren't even looking at the financial statements idiot. Stop being so damn lazy, get off your ass, and do some real research. I have no problem finding companies with strong growth.
Keep posting the shit on here; the rest of us are making money on the recovery.
Your track record speaks for itself. If ET had any quality control you'd have been booted off here weeks ago. If anyone actually followed your advice with serious money they'd be on margin call many times. Just when was S&P 500 hitting 1000 again ???