The S&P has topped !
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YES!!! MY TRICK WORKED! I knew it.
Anyway it went down a little faster than I'd expected, but oh well. I love those moments when everybody is trying to pile into a trade at once
Probably lots of stupid fuckers who went max leverage on the way up and kept buying on unrealized profits who are so overexposed they'll be totally assraped if it goes down more than 4% and well...that's what you get after such a huge trend upwards. Prone to panic
It'll probably rebound some from these levels though, but I can tell that the fear is ON!.
Anyway it went down a little faster than I'd expected, but oh well. I love those moments when everybody is trying to pile into a trade at once
Probably lots of stupid fuckers who went max leverage on the way up and kept buying on unrealized profits who are so overexposed they'll be totally assraped if it goes down more than 4% and well...that's what you get after such a huge trend upwards. Prone to panic
It'll probably rebound some from these levels though, but I can tell that the fear is ON!.
Quote from Locutus:
YES!!! MY TRICK WORKED! I knew it.
Anyway it went down a little faster than I'd expected, but oh well. I love those moments when everybody is trying to pile into a trade at once
Probably lots of stupid fuckers who went max leverage on the way up and kept buying on unrealized profits who are so overexposed they'll be totally assraped if it goes down more than 4% and well...that's what you get after such a huge trend upwards. Prone to panic
It'll probably rebound some from these levels though, but I can tell that the fear is ON!.
I don't get it. The US indexes drop less then 2% and the Canadian market actually rises today ( yes, you read it right ) and you post that crappy analysis ???
Wow. You really are clueless.
There was as many good long plays today as short plays. There are now many new long plays that are starting to appear to make money on.
And you are paralyzed by fear unable to trade now. I highly doubt you profited at all today from any of it. Come back on here kiddo when you are more educated and street smart, until then your analysis is a joke.
Then you must be suicidal. You're the best fade on this site. Down on AAPL, WFC, and down over 6% on GS in the last 10 days. You mean like your analysis here?
http://www.elitetrader.com/vb/showthread.php?s=&postid=3064795&highlight=atticus#post3064795
Buddy, buddy, honestly I'm not interested in shorting $340 stocks with huge earnings trying to make a quick $7. I did recommend RIMM at $47 a while ago though with a $60+ target.
More profitable trade actually with much less risk.
The very overdue equity correction actually started last week IMHO.
This means further USD strength and EURO weakness -something Iâve been warning about for some time.
My earlier warnings of a Gold + Silver correction also confirmed.
Weekly indicators still warn of significant Gold and Silver downside.
This means further USD strength and EURO weakness -something Iâve been warning about for some time.
My earlier warnings of a Gold + Silver correction also confirmed.
Weekly indicators still warn of significant Gold and Silver downside.
