Market Outlook

Lucrum · Nov 29, 2011

Quote from GrandSupercycle:

SP500 weekly chart updated megaphone shows the large head and shoulders forming. All bearish patterns.

Megaphone AND H & S!
Oh the humanity!

GrandSupercycle · Nov 30, 2011

If short covering has ceased then SP500 downtrend can resume.

GrandSupercycle · Nov 30, 2011

SP500 buy support returns and back to SP500 8 hr inverted H/S scenario (ie bullish)

GrandSupercycle · Nov 30, 2011

SP500 8 hr inverted H/S confirmed and shorts get cooked once again.
Trolls remain stunned and confused.

Lucrum · Nov 30, 2011

Quote from GrandSupercycle:
11-30-11 02:34 AM
If short covering has ceased then SP500 downtrend can resume....
SP500 8 hr inverted H/S confirmed and shorts get cooked once again.
Trolls remain stunned and confused.

Looks to me like you're the one confused.

GrandSupercycle · Nov 30, 2011

Xmas Rally Squad short squeezefest: Mission Accomplished.

newwurldmn · Nov 30, 2011

What a good call! You predicted this rally. Of course a few hours earlier you were bearish but that's why pencils have erasers.

bone · Nov 30, 2011

Quote from newwurldmn:

What a good call! You predicted this rally. Of course a few hours earlier you were bearish but that's why pencils have erasers.

So, it's not just us trolls who are stunned and confused.

newwurldmn · Nov 30, 2011

Quote from bone:

So, it's not just us trolls who are stunned and confused.

He's not confused. Just because at 2:30 a crash is iminent and at 8:45 the christmas rally is on. The markets are truly that volatile. A 5 handle selloff means we will sell off another 50, and a 20 handle rally means we will rally another 100.

Or he's trying to take credit for whats already happend....

noddyboy · Nov 30, 2011

Quote from GrandSupercycle:

Xmas Rally Squad short squeezefest: Mission Accomplished.

George W Bush? Is that you?