Today will be the Beginning of one of the massive bubble corrections in..............

[galvinlee888]

When i see this post, i know it is time to LONG again.

 

[vicirek]

you have not seen bubble yet. This is just prelude to bubble.

 

[hayman]

Quote from galvinlee888:

When i see this post, i know it is time to LONG again.

Galvin, whom are you LONGing for? -

 

[atticus]

Quote from galvinlee888:

When i see this post, i know it is time to LONG again.

Let's revisit your post at the week's end.

 

[Bob111]

Quote from Satan's Helper:

It sounds about right......

The mid caps and small caps started pulling back and went negative in the middle of the day. Not to point out the obvious, but almost every pull back and crash over the last 100 years has been lead by mid and small caps. They react a lot faster to sellers due to the lack of liquidity..

+1. in fact-quiet selling in small caps started yesterday. and continued today from open(at least that's what i've seen) on stocks and the price levels i was watching.

 

[Nine_Ender]

Quote from hayman:

"Bold" in the sense that the majority on this Board are about as Bullish as one can be. Maybe the adjective, "confident", would have been more appropriate.

I'm going to watch price action the next 2 days, and particularly, see how we close on Friday. If it unfolds the way I think it will, I will be going Short on Monday.

This is one of the most delusional posts I've ever read. Mainly because for years this board has had a heavy bearish sentiment despite there being a massive bull market.

Top calls and predictions of massive crashes are not special posts. They are quite regular here. Cynacism about the economy, Obama, the Fed, the future, ... is the norm, not the exception.
Conspiracy theories and the idea that everyone is getting gamed by someone are frequent.

To suggest that most of the Board is "about as Bullish as one can be" is absurd.

 

[will848]

Quote from Bob111:

+1. in fact-quiet selling in small caps started yesterday. and continued today from open(at least that's what i've seen) on stocks and the price levels i was watching.

Where did you notice this quiet selling? R25i? I see nothing that shows that small/mid caps were selling any more than the rest of the market

 

[SimpleTrades]

Quote from atticus:

Let's revisit your post at the week's end.

Sure, by Monday there'll be yet another opportunity to buy the dip.

However, I am not as confident as I was before with the QE3 withdrawl plans. We may see the dollar effect gradually wiped out of the stock markets. Glad I'm invested in US equities. The exchange rate to CAD should offset a big chunk of any losses I may incur.

 

[Bob111]

Quote from will848:

Where did you notice this quiet selling? R25i? I see nothing that shows that small/mid caps were selling any more than the rest of the market

well..i can't explain it to you in deep details,but like i said-the stocks that i was watching aren't moving up from open, as a market going up.
many of them traded well below indexes(such as russell 2-3K) and well below previous day close(just an example). think of it as my own A\D - market breath\sentiment indicator. i'm working as we speak to make it more 'programmable' if you will. all i have right now is my observations and my notes.

 

[Josef K]

Quote from will848:

Where did you notice this quiet selling? R25i? I see nothing that shows that small/mid caps were selling any more than the rest of the market

Here is a 5 minute comparison chart of RUT vs SPX. Notice that yesterday SPX made new highs but that RUT didn't. Also, RUT had a slight negative close, whereas SPX closed up a few points.

CORRECTION: RUT did not have a slight negative close. It's close was positive, but smaller percentage-wise than SPX's.