Mark Cook predicted "stock market will have a gargantuan upside move between now

Also Bylo when you get further west rains matter but snowpack matters much much more. Snowpacks are down pretty huge in WY and Colo, and you know where our water goes, AZ. One year of rains definitely doesn't solve problems, multiple years of good steady moisture in the mountains and the plains will have an impact. But it's a big hill to climb. It has been dry as hell this winter.
 
What kind of trader hasn't learned that the word "will" is never to be used about the future? "Might" not "will". "Prediction" not "fact". "Speculation" not "horse manure".
 
This must be some sort of a joke. I know good written English is not a pre-requisite where trading is concerned. However, publishing your views online does require adequate English. Mr Cook can't write himself and he doesn't seem to have enough money to hire a professional to proofread his drivel. 'Discern the difference', 'entrepreneur people', and what the heck, pray tell, is 'death knells'?

Seriously, I will never ever believe that a person who's so obviously incapable of expressing themselves clearly can actually formulate a coherent and insightful argument.
 
Quote from Martinghoul:

TSeriously, I will never ever believe that a person who's so obviously incapable of expressing themselves clearly can actually formulate a coherent and insightful argument.
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Fortunately we don't all have to be English majors such as Jim Cramer or Henry Blodget in order to lead or mislead the masses.
 
Quote from traderNik:

The first part of the quote above shows that this guy doesn't know what he's talking about. The idea that anything other than convenience stores or single-employee operations will refuse major credit cards by the end of the year is ridiculous.

Second warning sign is when he refers to himself in the third person (if that's in fact a part of the article he wrote). No legitimate commentator will ever do that, especially using the middle name as well.
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What you talking about Nik?
It says it's a FACT!
Fact 2 actually.
ROTFLMAO
 
Quote from OldTrader:

Your criticisms notwithstanding, Mark Cook is one of the traders interviewed in Stock Market Wizards. Won several trading championships...
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That and 25 cents will not get you a cheap cup of coffee.
 

The fact 6 is that the stock market will have a gargantuan upside move between now and labor day. It will not bring us to the old highs of October 2007 but will give the baby boomers hope their 401-K is okay, it is not.
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Ok, that makes sense....right ? Market will rally when the TARP appears to have failed then ? And earnings continue downward ?

Shortly, after the rally is completed the market will become sideways and volatility can be seen ebbing away. This is a trader's delight similar to 1992 and 1993 where a great scalp trader will make money with small risk and much fun. Anyone who is afraid of the market now must do a 180 as this could be the year that you can retire; wealthy, healthy and carefree. You have a job you created as a professional trader and you will understand why the market does what it does.
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Delight when volatility is ebbing away ? That's a terrible trading environment. I was in it big time in 2004. Just horrible. Plus, you can scalp in hi or lo volatility markets, so WTF.... Cook looks like a shill for prop firms here ... or something. I can't figure it out. Perhaps the manure fumes have gotten to his brain.
 
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