US markets will close up today

Quote from myminitrading:

Show me were I said that. Hey its just a short term bottom, its not like I am calling for new highs next week.

It was just a since I had after watching the markets for so long.
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How long have you been in the markets ? Just curious.....

I am not personally attacking ya my friend..I have zero interest in seeing you or others get smoked.....saw ya bought the yms at 10930 or so....looks good to me...

but you have been saying buy the mkt in all your other posts over the last few days.....today could very well be a bottom...but I have been trading too long(since 1992) to start calling bottoms....plus there are 20 other guys on here who like doing that...lol.....
 
Quote from RhinoGG:

Not this time buddy. It booiiinnng back to highs. I'm about to publish a book titled "How to retire in less than 10 days", Chapter 1, BUY the snot out of this market today!"
Chapter 2, I told you so!
Chapter 3, So, you're still working.
Chapter 4, Your wife says "Hello".
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Oh, the wit. I just can't take it, it's too much.

RoughTrader
 
Mymini, you are looking good, but Rhino's after the fact screaming may put the kibosh on you. Anyway you got about as close as possible to the low today, very nice call. I still think we close in the red, but a bounce is looking more likely here..Major damage has been done to the mkt, so any bounce will be just that. This puppy is headed lower over the next few months. Sept and Oct. may be pretty juicy.
 
Quote from myminitrading:

Hey it could still make another new low today, anything can happen.
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The dow could close up or down 200 today and it wouldnt suprise me....unfortuneatly a lot of these rallies have been met with a wall of sellers....I think the best thing that could happen is a HUGE down close (300 dow points or so)...bonds close the day up a point and a half or so......ya need capitulation...these bs dow closing down 50-100 days isnt gonna do it...we need absolute terror/fear...forced liquidations.....I would think the CPI report this month could do this...
 
Quote from thorn:

Now wait a second..check the time he started this thread. And give him kudos.

You are right, others have made similar calls, and have had them blow up in their face. But what does that have to do with this guy? He had the balls to start this thread at a precise quality entry time, ahead of the curve. And as far as I know, he has started no other "ra-ra" threads. He deserves credit.
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Go read my next posts ....not ripping on him...just stating what goes on around here...I see he is long YM around 10930 or so...nice pick off.....

As far as having "balls" to start a thread...lol..come on man..coming on an internet chat board and making a call doesnt exactly take balls....
 
Quote from EPrado:

How long have you been in the markets ? Just curious.....

I am not personally attacking ya my friend..I have zero interest in seeing you or others get smoked.....saw ya bought the yms at 10930 or so....looks good to me...

but you have been saying buy the mkt in all your other posts over the last few days.....today could very well be a bottom...but I have been trading too long(since 1992) to start calling bottoms....plus there are 20 other guys on here who like doing that...lol.....
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I stated in my Journal I have been trading since 1999, but i have followed the markets daily tick by tick this whole time.

hey their is one hour left anything can happen, we could make a new low, but my feeling based on the market action is we put in a floor today.

Good luck
 
Quote from myminitrading:

I stated in my Journal I have been trading since 1999, but i have followed the markets daily tick by tick this whole time.

hey their is one hour left anything can happen, we could make a new low, but my feeling based on the market action is we put in a floor today.

Good luck
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Hey..good luck with the trade....seeing how we are 17 points off the sp low you are probably correct.....tommorrow should be interesting..people tend to sh#t their pants coming into a weekend.....
 
Quote from EPrado:

The dow could close up or down 200 today and it wouldnt suprise me....unfortuneatly a lot of these rallies have been met with a wall of sellers....I think the best thing that could happen is a HUGE down close (300 dow points or so)...bonds close the day up a point and a half or so......ya need capitulation...these bs dow closing down 50-100 days isnt gonna do it...we need absolute terror/fear...forced liquidations.....I would think the CPI report this month could do this...
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CPI is going to come in, in line watch you local gas prices they have been stable the whole month of May. CPI numbers are going to come in tame.
 
Am I the only one who took Jim Cramer's discussion of the improbablility of midday rallies as an indication that one will occur soon (today)?
 
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