You were slobbering all over me last summer as romeo. It's too bad you have no spine and cannot acknowledge that I taught you alot about options.
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rally has run its course
- Thread starter James Stock
- Start date
You were slobbering all over me last summer as romeo. It's too bad you have no spine and cannot acknowledge that I taught you alot about options.
Quote from BA_Trader:
If you are going to talk trading do so. if not move it over to chit
chat.
How much time have you guys wasted thinking and emoting
over each other? It takes only 5 seconds to click ignore.
Think of the ROI!
JT
I want to talk trading, but the maggots here never allow it. God forbid someone besides the "establishment" makes a call.
Quote from James Stock:
I want to talk trading, but the maggots here never allow it. God forbid someone besides the "establishment" makes a call.
I feel your pain. But honestly I think the situation on ET will get
worse before it gets better... it's free -- all ages all IQs all
everything.
I agree with steelhead - just talk we might agree with you.
JT
Quote from BA_Trader:
I feel your pain. But honestly I think the situation on ET will get
worse before it gets better... it's free -- all ages all IQs all
everything.
I agree with steelhead - just talk we might agree with you.
JT
OK, but I ask a favor. When the maggots do come out, and they will, I don't want to be the only one stomping them out. You folks need to tell them to piss off as well. I'm talking about the usual maggots, mvic, pcpr, waggle/NVS, mecro.
There's loads of reasons. The same reasons that I listed when I said on 3/4/04 that the market had topped when the S&P was at a 52 week high. This rally just represents a squeezing of the johnny-come-lately shorts, and now that they've been squeezed, the market can decline again.
Quote from Steelhead:
i scalp dimes, and try not to have much of a overall opinion, but this thing feels strong and its had a bid the last several sessions
its not like its been spiking up with huge volume squeezing shorts, please tell us you have more than this argument
I have alot more. Like I said, the same argument I made in the below thread still apply in force here.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=29376
Plus, my track record in calling tops on ET is pretty darn good (past performance not indicative of future results!!)
Quote from Manolo:
I see the VIX has hit a low of 14 on two separate occasions last week, and this may prove to be a bottom. Hopefully, a rise in the VIX, even a small one, will help precipitate the healthy correction that has long been overdue.
Also, the non-confirmation highs of the Dow Industrials and the XMI give me hope that they have already topped.
Also: the persistant high oil price, and now you can add the coming higher interest rates.
I wouldn't be surprised to see a 3pm sell-off to get the ball rolling.
Note: I'm making this assertion just like I did last time: AHEAD of time, with the S&P at a high. Now its 1143.