Shortie: do you find this move normal? Do you have data that relates to last May (first week) move?
Quote from S2007S:
As I said many times before OIL UP from here on in equals a falling market, prices near me are already over $4.00 and climbing!!! Consumers are going to love it, $4.00 at the pump, rising food prices, Bubble ben bernanke says still no inflation.
S&P FUT
1316.40 -3.90 -0.30%
DOW FUT
12122.00 -32.00 -0.26%
NAS FUT
2351.25 -8.50 -0.36%
OIL
105.79 1.37 +1.31%
27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" >Quote from Maverick74:
Celebrated? Dude, I'm not 16 years old. I do this for a living. My comment was S2007S is a reliable fade when he posts his market is crashing posts. I said it was good for a 3 to 5 handle pop and it turned out it was good for 10 handle pop. Nothing to celebrate. Just a factual observation.
Quote from Maverick74:
Celebrated? Dude, I'm not 16 years old. I do this for a living. My comment was S2007S is a reliable fade when he posts his market is crashing posts. I said it was good for a 3 to 5 handle pop and it turned out it was good for 10 handle pop. Nothing to celebrate. Just a factual observation.
Quote from tradingjournals:
What is happening to the market Mav? QQQQ at 55.91. Two unfillied down gaps in two successive days. Where is the bullishness you mentioned in a previous post. You remember QQQQ at 58.28?
Quote from Maverick74:
TJ, I never said I was bullish or bearish. I have longs and shorts. TJ, you need to learn how to trade. Stop getting so excited when the market makes big moves and just trade them. If you work hard enough man I really think you could take some money out of the market. Just keep working at it kid.