Poll Next Week Bias: A Crash Would Be Nice

[noddyboy]

Quote from Petsamo:

A crash tomorrow or this evening would be nice. Shortie, I need you to do your magic.

Don't hope, just do what you should do.

 

[Petsamo]

Quote from noddyboy:

Don't hope, just do what you should do.

Since I screwed it up, hope is all I have, or realize a loss.

 

[shortie]

we gonna crash soon. could get really ugly this time...

Rennick Out

 

[Lojanica]

Quote from Lojanica:

So we tagged 1076 this am as the high....

Boy was I wrong

Nice squeeze off the bottom. Now 1100 is in sight of op ex next week.

I do not see a crash scenario after today's strength at all. The market made a nice move with follow through. Money flowed. Now we just need to hold the low.

There is 20% upside from here to the end of the year and 10% downside......

 

[shortie]

the market tried its best to crash Mon/Tue but all we got was another bottom re-test. i still think that this rally is suspect.

 

[noddyboy]

Congrats all those who bet bullish...

 

[Petsamo]

Quote from noddyboy:

Congrats all those who bet bullish...

I was selling on the way up. I have 2 of 7 positions in cash. I can use a drop.

 

[tradingjournals]

Quote from shortie:

the market tried its best to crash Mon/Tue but all we got was another bottom re-test. i still think that this rally is suspect.

Did you not already know it as per your answer to my question? I am puzzled

 

[Ivanovich]

The Algos were at it again. Up end of the day grind with no volume.

 

[loza]

If you remember, virtually all "dumps" as you call them were preceded by either a major catastrophe or some god darn awful news event (like European Union/EURO is coming apart at its seams), I cannot think of any upcoming news or event short of a war to cause a "dump", next week.
But anything is possible...

Quote from shortie:

It has been a month since we had a major dump. I say it is about time for the next one. We really need more volatility and excitement to overcome the summer doldrums.