It's you're, as in "you are". I've attached a link for you so that you might be able to bring your grammar up to that of an 8th grader.
Enjoy.
http://www.elearnenglishlanguage.com/difficulties/youryoure.html
The bear market rally is now done - Monday starts another downtrend - see attached
- Thread starter Port1385
- Start date
It's you're, as in "you are". I've attached a link for you so that you might be able to bring your grammar up to that of an 8th grader.
Enjoy.
http://www.elearnenglishlanguage.com/difficulties/youryoure.html
Dont worry Ivanovich. I looked on the wayback machine and they were egging on Magna all the time too back 5 years ago. Now its your turn.
The VIX is at a bottom and we are in overbought mode. Every chart and indicator I have says we wont be able to rally past current levels. January is going to be toast and the SnP will sail down to the 600s. Its time to get short!!! Short!!!
The VIX is at a bottom and we are in overbought mode. Every chart and indicator I have says we wont be able to rally past current levels. January is going to be toast and the SnP will sail down to the 600s. Its time to get short!!! Short!!!
The market may go up or it may go down, but don't think you'll make money playing the usual suspects. Why doesn't anyone think the market will flatline? or range bound? How does one make money then? The new bulls will not be the old bulls. If you think the market goes to +10k and are long financials or energy, you may be in for a suprise. Look for shit that perpetually goes up when ES is flat or down. Industrials seem to be showing this pattern of late.( cat, utx, de) I for one am still looking for shorts in financials, cause i think they are stuck. Seems to mirror the HGX sentiment few years back. made new lows for years. And what do folks think the barrage of news next few quarters will be? Might not get worse, but will be perpetually lame, more or less boring as fuck. If one must go long, pick crap that media can spin a new bull market in. Watch TV but don't be cynical. THings have been getting contra contrarian lately, and what Cnbc and talking heads pushes might actually work. And if market tanks, just get out of everything. It's a new year, and I think we're going to have to change habits, cause the market seems to be changing. CHanging as in a different "disturbance" in the "force." The game is in finding the sectors, and the sectors are changing.
What's up everyone,
Clearly I like shorting the S&P. The nice rally over the past couple trading session was based on larger funds moving a market with low volatility and low volume. Shorts are starting to look good again because we are hitting some resistance and the offers are starting to come in. On friday there was no one out there trying to bid through the 930 area. Volume on the daily charts down to the 5 min are starting to align as far as a showing of negative divergence in volume. For the day traders pay attention to the order flow and look to see if prices are being bid up or not. Although I have said that I like shorts, getting up to 950-70 on the S&P is not that wild of an idea. I would like to see some swing highs on lower volume and failed retests of the swing highs before trading it down. Maybe we could trade it down to 900 which could act as support if that breaks than I think we all know what must be done.
Johnzo
Clearly I like shorting the S&P. The nice rally over the past couple trading session was based on larger funds moving a market with low volatility and low volume. Shorts are starting to look good again because we are hitting some resistance and the offers are starting to come in. On friday there was no one out there trying to bid through the 930 area. Volume on the daily charts down to the 5 min are starting to align as far as a showing of negative divergence in volume. For the day traders pay attention to the order flow and look to see if prices are being bid up or not. Although I have said that I like shorts, getting up to 950-70 on the S&P is not that wild of an idea. I would like to see some swing highs on lower volume and failed retests of the swing highs before trading it down. Maybe we could trade it down to 900 which could act as support if that breaks than I think we all know what must be done.
Johnzo
Wrong again. This is just like 2002-2003. There won't be another bear market for another 4 years at least. Buy all the dips.
