MASSIVE MOVE awaits tomorrow, wednesday for Dow, SP, Russell

3 items will move it:
Ben is speaking 10est
Durable goods orders 8:30am
New home sales 10est
...MASSIVE move awaits...HUGE...this is my opinion...
 
bernanke-on-box.jpg
 
I hope you have no positions based on what you "think" the market will do tomorrow? thats gambling"
___________________________

another assnine post on ET. Hummm, I guess the word SPECULATOR no longer applies to the markets?

I mean, g-d forbid one goes long overnight with the "Thinking" that we will rally? Of course not.

I mean, the trading world never SPECULATES? fuck, they just churn and churn in and out of positions all day long, playing both sides, 100000 cards a day.

LOL

Fucking idiots.
 
Quote from gkishot:

Market is in the overbought territory.

I couldn't disagree more. I keep a bullish % index on 824 of the highest volume stocks. Typically an oversold situation is when the bullish % is less than 30% and an overbought situation is close to 70%. We are sitting at 37.76%
 
Quote from HolyGrail:

I couldn't disagree more. I keep a bullish % index on 824 of the highest volume stocks. Typically an oversold situation is when the bullish % is less than 30% and an overbought situation is close to 70%. We are sitting at 37.76%

I agree! Great post!
 
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