Market Outlook

USDJPY intra reverts to neutral chop.
Gold / Silver intra bearish bias continues so still short.


DOW weekly chart megaphone as of Feb 8 shows probable rising wedge.
2012-02-08_dow_wk2.png
 
SP500/DOW very overextended daily charts still breaking down.
USDX intra bullish chop continues.
Gold and Silver intra day choppy bearish bias continues.

Why have all the trolls mysteriously disappeared ?
Wierd.
 
All of this from the same calendar day:

Quote from GrandSupercycle:

DOW weekly chart megaphone as of Feb 8 shows probable rising wedge.
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Quote from GrandSupercycle:

SP500/DOW very overextended daily charts still breaking down.
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And of course this obvious gem of brilliance, where a bipolar idiot queries as to why the exhausted population of ET membership won't argue with this level of naive stupidity:

Quote from GrandSupercycle:

Why have all the trolls mysteriously disappeared ?
Wierd.
More...

I use the term 'naive' because he obviously does not realize how utterly useless and unflattering his "calls" continue to be. At least he has settled back into the comfortable mode of issuing completely bipolar "calls" with monumental macro-move semantics and descriptions the same calendar day.

Hint: this market continues to grind higher in a bullish upward channel because retail types have continued to sell into it: obviously to deeper pockets chasing yield where they can find it. Look at the 10 Year Note lately ? Things are worth what people are willing to pay for them. This market is behaving "normally" in the sense that the chronic faders and contrarians have alot to keep them occupied. Every retail type always denies the brutal reality of the current price tic in front of them. The market is what the market is. Quit fighting it with your nonsense calls you started many months and many points ago. Every trader using live money in real markets knows that you cannot fight markets for months on end - capital is limited for everyone. Even the big funds have limited capital, as they are chasing returns spreading out risk. Market timing is such a fool's errand - let the market tell you where it wants to go, and then enjoy the ride. Quit arguing with it. Are we going to come off ? Of course. Does anyone using real money endure so much pain for so many months ? No.
 
Quote from newwurldmn:

He changed his mind before the US market even OPENED.
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Of course. That's his style. Change his mind AFTER the market has already done its thing, and then pretend he was the smart one who predicted it.
 
Welcome back trolls.
I missed you.
:)
SP500overextended daily still breaking down.
USDX intra bullish bias continues.
Gold and Silver intra day bearish bias continues.
USDJPY daily and weekly basing stills warns of significant upside ahead.
 
Quote from GrandSupercycle:

Welcome back trolls.
I missed you.
:)
SP500overextended daily still breaking down.
USDX intra bullish bias continues.
Gold and Silver intra day bearish bias continues.
USDJPY daily and weekly basing stills warns of significant upside ahead.
More...

Its GrandSuperPooper, the "... bipolar ... naive stupid ... idiot...", back to his usual tricks.
 
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