Major Selloff Today!!!

[trendtech]

Quote from noddyboy:

I don't believe the NQ futures are up 1% premarket!

Buying the top it's dumb money.

 

[eagle488]

There will be a major selloff, I just dont think it will be in December and maybe not in January. Probably sometime in the mid-late Spring.

I would have a problem throwing new money at any long term trades right now. While the market might advance 5% between now and May, its going to sell off 10-15% at some point. 5-10% upside versus 10-15% downside.

 

[El OchoCinco]

I also think there will be a selloff. If not in 2007, then in 2008, perhaps later.

 

[EPrado]

Quote from optioncoach:

I also think there will be a selloff. If not in 2007, then in 2008, perhaps later.

Why is your range so narrow? 2007-2008?

I am thinking 3012.....gives me 105 yrs to be right.......will leave my grandkids my short position for them to get out for me...

 

[Optionpro007]

Quote from EPrado:

Why is your range so narrow? 2007-2008?

I am thinking 3012.....gives me 105 yrs to be right.......will leave my grandkids my short position for them to get out for me...

 

[EPrado]

Quote from optionpro007:

In all seriousness....I am dying to short the mkt ...but....until it tells me it's done going down ( a decent pullback....starts reacting negatively to good news.......something) no use in fighting it.....there are some good short trades out there in the indexes...but you have to take quick profits when fighting the trend...

 

[Landis82]

Quote from EPrado:

Actually I thought all those perma bulls were annoying.....this guy takes the cake....

The good news is that maybe after getting the mkt shoved up his ass this morning he will clam up....

This guy is about as wrong as one can be....

My guess is that he is some kid that enjoys "playing on the internet" and doesn't trade at all.

 

[EPrado]

Quote from Landis82:

My guess is that he is some kid that enjoys "playing on the internet" and doesn't trade at all.

Could be....would be frightening to think he actually trades real money

 

[Arnie]

I thin Skidmark..er uh Bluestreek is having some fun with us. Notice how makes the opening post and then disappears. No body be can as dumb as he seems. I think he's yanking our chain.

 

[volente_00]

Quote from Arnie:

I thin Skidmark..er uh Bluestreek is having some fun with us. Notice how makes the opening post and then disappears. No body be can as dumb as he seems. I think he's yanking our chain.

I think he is actually trading opposite of his calls and is killing it long but is so bored he is posting here to stir folks up.