Nasdaq Down 25 Again Tuesday!!!

Quote from HolyGrail:

It is taking absolutely minimal risk. My stop is .10 below the low of the day (83.52). This is what ole blue streak doesn't understand. When you buy dips the risk is EXTREMELY LOW. You ALWAYS BUY FEAR, AND SELL GREED.
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You've got that rigth, HG. I do not know if BlueStreek does it on purpose but he tells us very well what is in the mind of a losing trader ! (On average, because nobody is always wrong, with the law of probabilities !)
 
Quote from ACM Trader:

You've got that rigth, HG. I do not know if BlueStreek does it on purpose but he tells us very well what is in the mind of a losing trader ! (On average, because nobody is always wrong, with the law of probabilities !)
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THis guy is a great example of a stubborn blow-up trader. He is fighting a trend and getting smoked. At some point the mkt will correct...but this dope will be long gone and working the fry-o-lator at McDonald's.

He is entertaining though...never seen someone so wrong before...
 
Is he really playing with real money? How can someone not get crazy when he is wrong 110% of the time, and losing money on top of that?
 
Quote from Nasdaq5048:

Is he really playing with real money? How can someone not get crazy when he is wrong 110% of the time, and losing money on top of that?
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Most likely is some kid who is pretending to trade real money.....frightening to think someone like this would put real money in the mkt...
 
Quote from EPrado:

Most likely is some kid who is pretending to trade real money.....frightening to think someone like this would put real money in the mkt...
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Proabably!

How come he never mention getting margin call? Any shorts would of got it, wouldnt it? And, his super bearish position is pretty much flat throughout this rally. What game is in playing? No downside when the market rallied this hard?
 
Quote from Nasdaq5048:

Proabably!

How come he never mention getting margin call? Any shorts would of got it, wouldnt it? And, his super bearish position is pretty much flat throughout this rally. What game is in playing? No downside when the market rallied this hard?
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Well....obviously you haven't heard of this new exchange...called The CFE ....CHicago Fantasy Exchange..thats where our friend trades...

Here you can short bull mkts, but your position p/l mark NEVER goes against you.....down rallies 100...still flat on pos...another 100 pt rally..still flat....BUT..if the mkt pulls back 40 points...you p/l doubles instantly....



Most of the trading there is done in the pit..Santa Claus,Easter Bunny, and The Loch Ness monster are huge locals....
 
Quote from HolyGrail:

Be prepared. We are going to get a whole new round of "the market is manipulated" type of threads again.
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Dont worry, Bluestreak knows what "they" are going to do before even "they" know. Maybe he will be so inclined to give us traders a little hint. If i had to take a guess, he would suggest that the downside is more of likely move then the upside, call it a hunch:)
 
Quote from Wayne Gibbous:

Hope you little boyz and girlz are buying de dips!

Long de big Naztynass.

And have a Merry Christmas!!! :cool:
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How long will it last?

Until it stops.

Ride the WAVE!



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