Weekly Poll: Do We Ignore Black Filled Candles On Weekly Chart?

SPY Next Week?

  • Bullish

    Votes: 9 42.9%
  • Flat

    Votes: 5 23.8%
  • Bearish

    Votes: 5 23.8%
  • I prefer to keep my opinion to myself or don't have one

    Votes: 2 9.5%

  • Total voters
    21
  • Poll closed .
Quote from tradingjournals:

I feel the top would be less than 1% away. How to play this thing? +1% for QQQQ is around 55.46, QQQQ is currently at 54.96.

Could you guys suggest good ways to play the short side?

54.96 exact top so far today. nice trick!
 
Quote from noddyboy:

But he ("S2007S") made a ton in 2008 right? Otherwise it would be too sad.

Feel free to do a search and check the ET archives.
He was especially BEARISH the second half of 2008.
Averaging "down" in all sorts of inverted ETFs.
He lost his arse.

He spent day after day posting about how the rally would not hold and how the market would roll over and head back under SPX 700.

Let's face it.
I'd be surprised if he was anything more than a kid playing on the Internet and fantasizing about being a REAL trader someday. :D

He's infamous for posting one "cut and paste" article after another.
It's almost as though he's being paid to post in order to generate web "activity" on ET that Baron can use to show advertisers, and potential advertisers.

The guy is a joke.
 
Quote from Landis82:

Feel free to do a search and check the ET archives.
He was especially BEARISH the second half of 2008.
Averaging "down" in all sorts of inverted ETFs.
He lost his arse.

He spent day after day posting about how the rally would not hold and how the market would roll over and head back under SPX 700.

Let's face it.
I'd be surprised if he was anything more than a kid playing on the Internet and fantasizing about being a REAL trader someday. :D

He's infamous for posting one "cut and paste" article after another.
It's almost as though he's being paid to post in order to generate web "activity" on ET that Baron can use to show advertisers, and potential advertisers.

The guy is a joke.

You mean bearish second half of 2009? Since the market tanked in 2008...
 
Is Nasdaq-100 reversal confirmed? QQQQs now at 54.86, after trading at 54.75. Let us see if sellers will show up starting at 54.87 (1 cent away from current price).
 
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