We Have Topped

If the stalking trolls actually learnt how to trade they may be less angry with the markets and looking for a scapegoat.

SP500 Weekly - Jan 20

2012-01-20_sp500_wk.png


Important information regarding pathological stalker 'Nine_Ender'
http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767
http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449
 
Quote from GrandSupercycle:

If the stalking trolls actually learnt how to trade they may be less angry with the markets and looking for a scapegoat.

SP500 Weekly - Jan 20

2012-01-20_sp500_wk.png


Important information regarding pathological stalker 'Nine_Ender'
http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767
http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449
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The whole reason people are angry with you is b/c you are calling tops. Nobody likes a top caller on ET as most of us are daytraders. We don't care which way the market moves as long as it moves. We don't predict we react. Therefore, as you try to predict more and more tops and bottoms that nobody cares about, you get more people pissed !
 
Quote from wiesman02:

The whole reason people are angry with you is b/c you are calling tops. Nobody likes a top caller on ET as most of us are daytraders. We don't care which way the market moves as long as it moves. We don't predict we react. Therefore, as you try to predict more and more tops and bottoms that nobody cares about, you get more people pissed !
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Well said.

Very true, we dont predict we react.

Situations can change quick and afterwards it always looks easy.
But it isnt.
 
I see a bent-over, distorted head-and-shoulders pattern forming......"Quasimodo"-like.
With the Baltic Dry Index indicating weak shipping and then couple that with the big debt payment due by Greece in March, this could be quite a set-up for the downside.
 
Quote from GrandSupercycle:

If the stalking trolls actually learnt how to trade maybe they would be less angry with the markets.
More...

In all likelihood, the only one who is angry in here is you, and perhaps bwoliknsky.

The rest of us are like "WTF"

:D
 
Quote from syswizard:

I see a bent-over, distorted head-and-shoulders pattern forming......"Quasimodo"-like.
With the Baltic Dry Index indicating weak shipping and then couple that with the big debt payment due by Greece in March, this could be quite a set-up for the downside.
More...

The only thing bent over is the "bear". The "bull" is greatly enjoying the bent over bear.
 
Quote from syswizard:

I see a bent-over, distorted head-and-shoulders pattern forming......"Quasimodo"-like.
With the Baltic Dry Index indicating weak shipping and then couple that with the big debt payment due by Greece in March, this could be quite a set-up for the downside.
More...

I'm seeing something similar in my long term analysis.

Prechter Jr. may be seeing it too, but his calls would actually have credibility if he posted his entry, stop and position size like a real trader.

He does appear to be a good contrary indicator, however.
 
Quote from sasquatater:

The market generally does the unexpected so I expect it to go on a tear this year.
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There is no question that bears could continue to get slammed as all major monetary "authorities" around the world continue to liquify their weak economies. Even Greece may pull off a miracle in March. However, this cannot last IMHO. We are good till June at the most....maybe.
 
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