We are in a slow motion Crash!

[blowingup2012]

Quote from logic_man:

The selloff in November was worse than what we've seen so far and it eventually resolved to the upside. As I said, I think it is premature to say anything about where this is going to resolve.

So you are telling me that this chart might resolve upward?

 

[luckyluciano]

Fixating on charts and TA is fixating on the past to predict the future. Fundamentally, *corporate profits continue to increase,
*real estate is bottomed out and turning the corner,
*governments of the world are living in a glass house of transparency where they cannot continue to borrow to get elected much longer
*the noisy news of goverement debts will soon get drowned out with the reality that corporations have adapted and are growing profits which is what the stock markets of the world are really truly all about.

Governments need to get their acts together like the corporations have!

How can you have a real CRASH when corporations are doing so well?

 

[logic_man]

Quote from blowingup2012:

So you are telling me that this chart might resolve upward?

Market movements confirm in reverse timeframe order, from the smallest time to the largest, so if we haven't confirmed a likely reversal on the November to now timeframe, we sure haven't confirmed one on a multi-year timeframe.

So, yes, that chart absolutely might resolve upward.

 

[blowingup2012]

Quote from logic_man:

Market movements confirm in reverse timeframe order, from the smallest time to the largest, so...

Now you are going Jack Hershey on us.

 

[logic_man]

Quote from blowingup2012:

Now you are going Jack Hershey on us.

Please, man, I have nothing to do with that guy and any overlap in something I say and something he says is pure coincidence. If he said something similar to what I just said, in my opinion it's just "broken clock syndrome" and he got lucky. The guy's posts sicken me.

 

[luckyluciano]

Quote from logic_man:

Market movements confirm in reverse timeframe order, from the smallest time to the largest, so if we haven't confirmed a likely reversal on the November to now timeframe, we sure haven't confirmed one on a multi-year timeframe.

So, yes, that chart absolutely might resolve upward.

I like your logic, Man! Logic-man. Lol!

 

[blowingup2012]

Quote from logic_man:

Please, man, I have nothing to do with that guy and any overlap in something I say and something he says is pure coincidence. If he said something similar to what I just said, in my opinion it's just "broken clock syndrome" and he got lucky. The guy's posts sicken me.

...but you do have something in common in that the both of you refuse to post actual returns and we just have to somehow "trust you".

 

[blowingup2012]

Im long the TZA with a stop at 18.6

 

[logic_man]

Quote from blowingup2012:

...but you do have something in common in that the both of you refuse to post actual returns and we just have to somehow "trust you".

Has Jack Hershey ever started a thread like this?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=239926

Clearly, I am willing to show people my returns. Just not you.

 

[hajimow]

I did not read the thread but my gut feeling says SPY will drop soon. Now it is $138.60 I expect it to go to $137 and lower. Not below $135.
I also expect a big drop in AAPL after the earnings. I don't trade AAPL. Drop to $550 not more.

By the way this will happen in a week.