WARNING: ROUGH DIAMOND PATTERN ON THE QQQQs CRASH IMMINENT

[krazykarl]

Quote from Port1385:

As laughable as this post might seem. Im only a day or so early on my call. Tommorrow the unemployment numbers come out and they will be awful. Market will pivot off of today and go lower to the 600s. Too much bullishness and not realizing reality.

We expect them to be awful - they only have to be a tad less than awful and we're up another 3%. We have so much more up room due to the fact that we came down so far, so fast. As long as we don't go back up quick there is a new trend forming.

Remember: 25% down is much more powerful in magnitude than 25% up.

 

[Port1385]

 

[stock_trad3r]

The market will surge regardless of the unemployment numbers

 

[captain_trips]

Quote from Port1385:

As laughable as this post might seem. Im only a day or so early on my call. Tommorrow the unemployment numbers come out and they will be awful. Market will pivot off of today and go lower to the 600s. Too much bullishness and not realizing reality.

RIMM is up $10+ AH - GL to you sir!

 

[Corelio]

Quote from Port1385:

As laughable as this post might seem. Im only a day or so early on my call. Tommorrow the unemployment numbers come out and they will be awful. Market will pivot off of today and go lower to the 600s. Too much bullishness and not realizing reality.

Good thing you don't make a living trading

 

[sirgiyan]

Quote from Port1385:

As laughable as this post might seem. Im only a day or so early on my call. Tommorrow the unemployment numbers come out and they will be awful. Market will pivot off of today and go lower to the 600s. Too much bullishness and not realizing reality.

Sir, I do not consider it to be laughable. We are going down regardless of the report. The best case scenario we pop up at the open if report is better than expected and that's it.
811 is the support but I believe it would be penetrated easily. Look at $CPC PUT/CALL ratio - it's soooooo bullish that I think we are doomed short term (week from here)
Also financials and EURO/YEN did not make a new high today. Oil was up 7% so XLE (it's components) helped this to pop up. BUT oil is going south from here, so watch out below. Buy ERY - it's the last chance to get it that cheap this week

 

[NYC212]

went long on qqqq today and made a nice profit.

 

[NYC212]

Quote from Arnie:

You think that's bad? Take a look at this!!!

best post ever!!!

just totally see that chart.

 

[stock_trad3r]

Quote from NYC212:

went long on qqqq today and made a nice profit.

shh you're not suppose be bullish on elite trader

 

[Free Thinker]

Quote from stock_trad3r:

shh you're not suppose be bullish on elite trader

nothing wrong with being bullish when the market calls for it but a perma bull is annoying.