Warning: Its going to get rough

Quote from stock_trad3r:
Also it looks like stupid money is selling into the close again
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Yup and like most of the time in the last couple weeks they will burn their fingers. Like we didn't warn them.... :p
 
Quote from michaelscott:

http://stockcharts.com/h-sc/ui?s=$RUA&p=W&b=5&g=0&id=p65893415456

At around 2:30, all of my charts started to take a big dump violating moving averages and moving across technical parameters. I looked for news in all of my individual stocks. No news that would have set this selloff.

Then checked all the indexes and it appeared that around 2:30 everything started heading down.

Then I turned on CNBC to see if something happened, a world event? Nope.

Then I looked at the above chart. I have not used the weekly chart with bollinger bands before. Notice each time the total market has touched the upper Bollinger Band there was either

1) A correction to the lower Bollinger usually lasting weeks to months.

or

2) A pullback lasting a 1-4 weeks before running higher.

We are now at a point where things might get rough either for a week or more and it might or might not get a little rocky.

Hopefully, this is a temporary event. You might consider buying one of the ultrashort indexes.

I dont expect the rest of this week to be positive.
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Gee thanks all your indicators are sure working great. Keep using them they will make you rich!

You sure have everything all figured out, no doubt everything will work out just as you have predicted. Making predictions is how you get rich $$$$ KEEP PREDICTING
 
Hehe funnyman. I never claim to be right, just pointing out the obvious you a**hole.

Quote from myminitrading:

Gee thanks all your indicators are sure working great. Keep using them they will make you rich!

You sure have everything all figured out, no doubt everything will work out just as you have predicted. Making predictions is how you get rich $$$$ KEEP PREDICTING
More...
 
the russel off 2%%% today, thats pretty big compared to the dow....


All averages settling at intraday lows...

will be interesting to see how the markets trade tomorrow. This looks like a buying opportunity after seeing the markets up on a continued basis, but maybe will see a follow through tomorrow.
 
Just food for thought..

(MarketWatch) - Evidence is mounting that stocks are being sold by more sophisticated investors and acquired by less sophisticated ones.

link
 
Quote from Trader KGB:

Just food for thought..

(MarketWatch) - Evidence is mounting that stocks are being sold by more sophisticated investors and acquired by less sophisticated ones.

link
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WOW!!!! We're in the presence of greatness here gentlemen! They have written an article about stock trad3r, eqty trader, makloda, myminitrading and the others who are buying.

Congrats guys!:D :D :D
 
Quote from stonedinvestor:

Put me down on the sophisticated side! Damn aristocratic! ~ stoney
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I aspire to sophistication.

Do I need to eat my Snicker's Bar with a fork and knife?
 
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