WARNING for anyone thinking of trading Tues.March 18th WARNING

[increasenow]

Quote from increasenow:

.75bps cut and market does a little move up 100-200 and then drops some..ends -50-100 down..
1.00bps cut and it soars 200-300
1.25bps and it goes up DOW 500-600 points
.50bps cut and it goes down DOW 500-600 points...thoughts...agree?..in any matter...could be a DOW high/low range of 500-700 points...at least 400...

this was RIGHT ON!!!

 

[GTS]

Quote from increasenow:

this was RIGHT ON!!!

On what planet?

"75bps cut and market does a little move up 100-200 and then drops some..ends -50-100 down.."

 

[flipflopper]

Quote from GTS:

On what planet?

"75bps cut and market does a little move up 100-200 and then drops some..ends -50-100 down.."

C'mon... let the poor guy feel good about himself. Whats the harm in letting him believe he's a market guru?

 

[ammo]

shorted all day and feel like a dumbass, is that the same as guilty

 

[Option Trader]

The only explanation I have for the market increase after the .75bps rate cut, albeit it was below expecations:

When the stocks were weak, retail traders liquidated their positions, and MM's & specialists loaded up on shares. The market going up before the announcement did not achieve the needed comfort level yet for buyers (or there wasn't yet a sufficient profit margin for the MM's & specialists), so they brought the market up--after the rate cut as well.

 

[ammo]

www2.barcharts.com/momentum.asp go to bottom of page, theres another reason

 

[Thermactor]

Quote from increasenow:

I needed to put this out here...tomorrow may see the most massive move from high to low in days...look at everything happening tomorrow, tues march 18:
1-Goldman Sachs earnings before market open
2-Lehman brothers earning before market open
3-housing starts 8:30am est
4-PPI 8:30am est
5-events from yesterday (Bear Stearns, FED cutting lending rate)
7-FOMC announcement at 2:15pm est...

WARNING:...to trade tues march 18th is nothing to fool with...please do your research...

 

[Option Trader]

Quote from ammo:

www2.barcharts.com/momentum.asp go to bottom of page, theres another reason

Copied it to my URL & didnt work.

 

[HedgefundTrader2]

Quote from increasenow:

I needed to put this out here...tomorrow may see the most massive move from high to low in days...look at everything happening tomorrow, tues march 18:
1-Goldman Sachs earnings before market open
2-Lehman brothers earning before market open
3-housing starts 8:30am est
4-PPI 8:30am est
5-events from yesterday (Bear Stearns, FED cutting lending rate)
7-FOMC announcement at 2:15pm est...

WARNING:...to trade tues march 18th is nothing to fool with...please do your research...

DJIA moved above its 50 day moving average ... thats how powerful the rally is... its still continuing..

How wrong you can be when you enter into this business of Fortune telling?

Instead we ended up getting a massive rate cut and a huge 410 point rally..

Hehehehehehe!!! I am laughing ...

 

[ammo]

Quote from Option Trader:

Copied it to my URL & didnt work.

go to barcharts .com ,click markets on top left, on left side of page click momentum, scroll down to botttom and see how many stocks were under there 20,50,100.200 day moving avg, and still are