This Market Sucks!!!

[Anekdoten]

Quote from day7793:

Regrets, regrets, regrets. Money lost is money gone.

WTF are you talking about.

Your reading comprehension must be similar to the one I had last night at the Cheetah Strip Club in Ft. Lauderdale after a few lap dances.

There was a lot of money to be made shorting and then going long at technical reversal points.

Your one dimensional bull bias shows your limitation as a "trader", yes "trader" because those of us who do consider ourselves traders actually don't give a shit if we go up or down.

Please don't ever respond to me again, I beg you, Ive had more intelligent dialogues with my dog.

Anek

 

[taodr]

Quote from day7793:

YOU are wrong again. You don't know a damn thing about me.

I am the guy who makes 5-10% monthly returns in Options trading. Something which you cannot even parallel in shorting equities.

So shut up and donot tell me how money is made. Real money is made when markets are bullish and sky is the limit, how high something can go. Very little and fewer amounts are made when stocks are beaten down and shorted. Shorting is very dangerous as you have seen on Friday Feb 22nd 2008.

These idiots always want to take something down whenever they can. Serves them right.

Lets just hope these buy programs hit again and again and killing these shorts. Margins calls anyone please?

WHAT A PILE OF HORSESHIT !!!

 

[frank grimes]

How many "real" traders only trade 1 side of the market? How many real traders get mad at other traders for trading both sides? How many real traders hope other traders lose money? I don't know of any, and i've worked on the floor, buyside, and sellside. Day, sorry but you are a delusional wannabe trader. Please go away.

 

[Cocaine]

I think its clear to everyone that Day7793 is a complete and utter joke. You are 100% right, his posts dont fit whatsoever into the profile of a successful trader. As a matter of fact, he sounds like a bitter bagholder. If I had his limited skill set, I might feel somewhat as he does. But I certainly wouldnt spend the amount of time posting the kind of nonesense that he does though

Quote from frank grimes:

How many "real" traders only trade 1 side of the market? How many real traders get mad at other traders for trading both sides? How many real traders hope other traders lose money? I don't know of any, and i've worked on the floor, buyside, and sellside. Day, sorry but you are a delusional wannabe trader. Please go away.

 

[1flyfisher]

Actually I know alot about you. I can profile you from your posts. What you say and how you say it indicates who you are and what you are about. It is quite easy to tell ones age or intelligence by how and what they write. It is like reading someones personal diary for an individual proficient in psychology and investor psychology. It is easy to tell the well educated traders from young 20 somethings such as yourself.

You are a young man with alot of personal problems. You don't make anything trading because you don't trade, you pretend to and you erroneously think you can convince others that you do and that you make a lot of money. You are interested in the markets and you spend an inordinate amount of time posting on stock message boards. You are lonely. You are of below average intelligence. You have little education past high school, at best a few community college courses in financial related academic areas which you did poorly in. You desperately seek self affirmation and human interaction. I suggest you get some counseling or therapy, your below post suggests you need quite a bit.

Quote from day7793:

YOU are wrong again. You don't know a damn thing about me.

I am the guy who makes 5-10% monthly returns in Options trading. Something which you cannot even parallel in shorting equities.

So shut up and donot tell me how money is made. Real money is made when markets are bullish and sky is the limit, how high something can go. Very little and fewer amounts are made when stocks are beaten down and shorted. Shorting is very dangerous as you have seen on Friday Feb 22nd 2008.

These idiots always want to take something down whenever they can. Serves them right.

Lets just hope these buy programs hit again and again and killing these shorts. Margins calls anyone please?

 

[Landis82]

Quote from day7793:

I see lots of angry posts. My kind of a day! Shorts burning in hell! Friday taught these greedy bastards a lesson.

Talk about the "Kettle" calling the "Pot" black!

 

[SlyFlo]

Quote from JSSPMK:

To put it in layman's terms what you are saying is that you have no clue when it comes to TA, no offense.

none taken. and i don't need you to explain squat in 'laymans terms'. and again, if you actually read what i just wrote:

i said tech. analysis is great in many spots/cases...but NOT in friday's run. if you think that was a technically driven run....then i'm sure you threw in a 3000 lot to catch it based on the charts.

no one ever said tech analysis is meaningless...as i use much of it myself most days but don't tell me you even saw the news coming ... then i'm sure you caught most of it before you even heard gasparino's report. give me a break...

 

[SlyFlo]

Quote from 1flyfisher:

Actually I know alot about you. I can profile you from your posts. What you say and how you say it indicates who you are and what you are about. It is quite easy to tell ones age or intelligence by how and what they write. It is like reading someones personal diary for an individual proficient in psychology and investor psychology. It is easy to tell the well educated traders from young 20 somethings such as yourself.

You are a young man with alot of personal problems. You don't make anything trading because you don't trade, you pretend to and you erroneously think you can convince others that you do and that you make a lot of money. You are interested in the markets and you spend an inordinate amount of time posting on stock message boards. You are lonely. You are of below average intelligence. You have little education past high school, at best a few community college courses in financial related academic areas which you did poorly in. You desperately seek self affirmation and human interaction. I suggest you get some counseling or therapy, your below post suggests you need quite a bit.

hehehe....classic.

 

[Lucrum]

Some excerpts from Friday's Index Futures Chat Log.

TL Trader (Feb 22, 2008 1:29:12 PM)
magnitude of each down wave is getting smaller and smaller

TL Trader (Feb 22, 2008 1:50:49 PM)
L 200

TL Trader (Feb 22, 2008 1:52:41 PM)
out + 3

TL Trader (Feb 22, 2008 1:52:46 PM)
didnt follow thru

limit (Feb 22, 2008 1:56:07 PM)
may be a botttom , hard to tell

TL Trader (Feb 22, 2008 1:56:25 PM)
i'm leaning that way limit

TL Trader (Feb 22, 2008 1:56:51 PM)
been going sideways nearly 2hours

TL Trader (Feb 22, 2008 2:15:29 PM)
bonds at LOD may imply some equity strength

jdkgroup (Feb 22, 2008 2:29:20 PM)
this is long congestion

limit (Feb 22, 2008 2:44:13 PM)
it's showing over sold

riskymove (Feb 22, 2008 2:55:16 PM)
ugly close 5 min bar

pev (Feb 22, 2008 2:55:38 PM)
could be a trap

riskymove (Feb 22, 2008 3:27:13 PM)
L 38.5

There were traders looking at longs or a reversal, certainly not all in the room but there were some.
I managed about a $180 gain on the jump. Nowhere near what I could/should have been capable of in theory. But I got a little too conservative about buying into that last fake dip which made me a little late to the party and I don't like chasing after such rapid price moves.

My point is simply that there were some "signs" of a potential reversal. Neither myself nor anyone else in the room predicted or expected either the news or the magnitude of the move, only that
there may be one coming.

 

[The Swordsman]

There are always going to be traders looking for reversals, doesnt mean they are right. Bottom fishers and top pickers will never stop trying even when they are dead wrong. Just because this particular day happened to work out doesnt mean we are to assume that these particular traders are always right looking for reversals.

Quote from Lucrum:


My point is simply that there were some "signs" of a potential reversal. Neither myself nor anyone else in the room predicted or expected either the news or the magnitude of the move, only that
there may be one coming.