Slaughter at the close..

[Batman28]

yes i have. and still will. because i know who's short and i know why markets goes up like this back of who's play.

im not here to prove myself. i have been suprised in the past. but if you had the info i have, you'd trust me. market right now is very volatile. but trust me we haven't hit the bottom yet and a lot of BIG people are short. so i'm guessing being short is a good idea. remember i don't trade.

also note inflation drastically pushes up equities.. this is while real economy is getting raped.. it's normal for market to go up like this in the worse of times, but you should be short from a longer term perspective.

 

[silvermotion]

HO NOES we bounced on the midpoint!

 

[Batman28]

Quote from brazilianwonder:

It is forming a pretty nice long pattern on the daily chart. I am definitely a buyer after 12770. Bull shit IBM news pumped this market up all day so people are definitely using all the good news they can get to pump this mkt up. Long term I am with you bat...no reason for this market to be where it is right now...but hey what do I care I am a scalper.

even in the shorter term i don't think the big guys will let asia take profits.. geo-tradingly speaking, so i expect some big sellers at the close.. retails are not navigational.

 

[silvermotion]

Quote from Batman28:

but if you had the info i have, you'd trust me.

I think i have the same crystal ball as you, did you buy it at walmart on special too?

 

[redpr]

im swing short at 17725 and 100.95 in oil...

 

[Ivanovich]

Quote from Batman28:

but you should be short from a longer term perspective.

Correct me if I'm wrong, but didn't you say "into the close"?

 

[balda]

Quote from Batman28:

the market is only up because of inflation, prices etc. it has absolutely nooooooooooooooooooooooo business to be trading at this level. this is a hugeeeee gap

At which level it should be trading?

 

[Batman28]

Quote from Ivanovich:

Correct me if I'm wrong, but didn't you say "into the close"?

both. short/long term. but if u can't afford the margin u might not be able take the volatility in the market at the moment.

 

[silvermotion]

midpoint is holding on indexes, might be the end of the slaughter

 

[Batman28]

Quote from balda:

At which level it should be trading?

i'm no genius and i don't know everything. but the equity indices are artificially, microeconomcally inflated up around 4%. the market hasn't gone anywhere in the past 2 days. it should be moving down.