Idiots that can't see the forest through the trees have been crushed financially. The writing was on the wall as to where this economy and market has been going since we broke down last OCT and economic and market fundamentals have been terrible. The technicals and trend reinforce the fundamentals of the economy and market and we are taking out market Jan Mar lows. Financial crisis is midway through and the markets will head lower. Economy is hurting. Way too early too catch the falling knife. Short equities and the markets.
10:01AM EST, July 3rd, S+P hits 1252. Does this mean Stock Trad3r is gone forever? Will he keep his word? A joyous day! "He knows how stocks work" "no such thing as a credit crunch" Post your favorite ST comments in memorial.
needs to close below 1252 for him to hit the bricks. One of my alltime favorites was,not only never any more bear markets, but there would never be a 10% correction, because we are in the "smartist" era!
Maybe we could create a memorial and put the names of all our fallen comrades on it. Stock Trad3r would be the latest addition behind Timothy Sykes.