the crash i called and continue

Quote from Corelio:

Any individual that wishes to succeed in this line of business should print out Big Money's post and read it 1000 times until it gets hammered to your brain.

This is not a business about being right or wrong, hitting homeruns and making predictions. It all comes down to discipline and risk control. Be humble, flexible and patient.

Best of luck
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That is some of the best advice anyone wanting to trade in the markets will ever receive. Thank you.
 
There was no crash.
stupide.gif
 
“In fact, some people were talking that ISM will be revised in next month’s account [specifically] because it’s an outlier, and doesn’t seem to be fitting in with some of the other data.”

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Well, lets see how long these levels last. There are rumors for a last ditch effort to move the market up tomorrow. However, ISM does not fit in with other data. So, either all the other data is off and ISM is spot on....or We will see 9000 before the election...which would be a gift. NOV could really launch a serious rally if Dems loose.
 
Quote from piezoe:

Will it be tomorrow, or will I have to wait a few months?:D
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Ok, Joker.... I am more biased to the market going down over the next several months. I have no idea when, where or how much it will go down or up. Who knows, I may die today!!!!! LOL
 
My prediciton is the Dow will go so low it will be the end of the financial system as we know it. So no point getting short either because it will go so low the system will end and the market will end. You'll be limit short Dow at 9,000 and when it falls below 1,000, just as you are about to close your shorts, THEY WILL SHUT THE WHOLE THING DOWN, and the Dow won't exist anymore... muewahhahahahhaha :( :( :( :( :(
 
Quote from EMRGLOBAL:

“In fact, some people were talking that ISM will be revised in next month’s account [specifically] because it’s an outlier, and doesn’t seem to be fitting in with some of the other data.”

____________________________________________________

Well, lets see how long these levels last. There are rumors for a last ditch effort to move the market up tomorrow. However, ISM does not fit in with other data. So, either all the other data is off and ISM is spot on....or We will see 9000 before the election...which would be a gift. NOV could really launch a serious rally if Dems loose.
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You seem to be out of touch with what the market is doing.
At what point do you start looking at M&A activity ( eg Potash, Intel ) and actual earnings ( eg TD Bank today ) and understand that those two areas signal a whole lot of market strength you have missed in your analysis.

I just don't get it just about every stock I follow has rallied with strength all week. There is no need to "move the market up" it already moved up while you sat on your hands and declared the market dead. What on earth are you talking about when you say this ? For example, I mainly trade TSX listed stocks and I just read the TSX Index set a 3 MONTH HIGH today.

I think this is a good example of someone using technical data to try to justify an emotional conclusion, without truly understanding the data and its relevance.

ps What crash ? No one has been able to identify a "crash" at all,
which makes the whole premise of this thread ridiculous.
 
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