Very Bullish reversal is just happening

stock777 · Aug 10, 2011

see my warning of dow 5000

if you listened, you saved yourself some grief

hajimow · Aug 10, 2011

Quote from will848:

LOL

This is just my guess now. Time is 12:48 and SPY is at 13.79. I believe there is a high chance that market might shed its losses and close flat or green.

stock777 · Aug 10, 2011

who cares what your hallucinations are?

tell your keeper to take the keyboard away

atticus · Aug 10, 2011

Quote from hajimow:

This is just my guess now. Time is 12:48 and SPY is at 13.79. I believe there is a high chance that market might shed its losses and close flat or green.

Yes, don't worry about the 40-point hit. If you liked it at 70 you gotta love it at 30!

will848 · Aug 10, 2011

Quote from bwolinsky:

6% in 90 minutes doesn't sound pathetic at all. The flight to safety is due to international financial distress, not our own problems. There's some of that, but mostly it comes from non-domestic capital inflows.

Your QE3 rally lasted 90 minutes, lol.

hajimow · Aug 10, 2011

Quote from hajimow:

This is just my guess now. Time is 12:48 and SPY is at 13.79. I believe there is a high chance that market might shed its losses and close flat or green.

SPY is at 15.10 now . Time is 1:55. Once again it seems that I will be right. There is no extra risk in the market now than it was a week ago. What we have is the fear of risk. When we have fear of risk (extra risk not priced in the market), it is time to buy. Shorts are remembering those bad days and believe that situation will stay but that is not true. Market will be volatile and profitable to traders.

atticus · Aug 10, 2011

Quote from hajimow:

SPY is at 15.10 now . Time is 1:55. Once again it seems that I will be right. There is no extra risk in the market now than it was a week ago. What we have is the fear of risk. When we have fear of risk (extra risk not priced in the market), it is time to buy. Shorts are remembering those bad days and believe that situation will stay but that is not true. Market will be volatile and profitable to traders.

omg, quit acting as though that was a solid-call. Jesus, stfu.

hajimow · Aug 10, 2011

And remember "if and if" the market closes flat or green today, that would be a sign of rally and those who stay short will be toasted.

hajimow · Aug 10, 2011

Quote from atticus:

omg, quit acting as though that was a solid-call. Jesus, stfu.

It wasn't? what tape are you ready?

will848 · Aug 10, 2011

Quote from hajimow:

And remember "if and if" the market closes flat or green today, that would be a sign of rally and those who stay short will be toasted.

So you're saying if the market goes up when someone is short, they will lose money? Incredible. Can I hire you as my advisor?