Stock Market Looks Set To Really Crash Hard

Quote from Ivanovich:

Please do. Get him to post about crashes every day and we might just come out of this thing alive :)

How amusing would it be if that post signified the exact bottom?
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+172
Great contrarian call!
:D
 
Quote from Aaron Copland:

Zero support on the bid. Dow may hit 7000 real soon.
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jinxed it....... to bad....I want to get this climax over......either way....action is great.... but need to sleep some time.
 
id have to state the obvious that its a GLOBAL crisis, and regardless of TA crap for the american markets, asia and europe can easily throw off any solid speculation. you'd have to study the worlds trend at this point to do research or guess if you wish.
 
Quote from CollegeTrader:

We are about 40 sp pts away from the oct. 10th bottom. This tape doesnt look like its going hold. Might be hard selling into the close. However a test should be coming within days. Im not sure if we will double bottom or not. This tape is real tricky seems like your ok until the last 45 minitues in the trading day. On a bullish note if we get a hammer at the close today next few days can be green.
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What was the lowest intraday ? I thought it was 7 thousand something. DJI should visit that level again. to form a double bottom, or this time there might be another slide for triple bottom.
 
Quote from The Swordsman:

You keep forgetting, we are in the new era of de-creditism, unconsumerism, poorism, joblessnessism, starvationism, crimeism
and homelessnessism.

You must have missed the memo :)
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nicely put :D
 
Quote from CollegeTrader:

We are about 40 sp pts away from the oct. 10th bottom. This tape doesnt look like its going hold. Might be hard selling into the close. However a test should be coming within days. Im not sure if we will double bottom or not. This tape is real tricky seems like your ok until the last 45 minitues in the trading day. On a bullish note if we get a hammer at the close today next few days can be green.
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You got your hammer......at least on the ES and the NQ.
 
This reminds me of Shorting Ryland Homes (RYL) all summer... You KNOW homebuilders are cooked.. but it kept levitating.. by the time it finally drops you are too broke to short it...

I agree with all the lower predictions but markets have a way of going A, K, H, I, K, P, H, U, M, K, D,..... then finally to B. It is what attracts us all... the puzzle.
 
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