Black Monday? Bond trad3r issuing rare market crash alert

Discussion in 'Trading' started by bond_trad3r, May 17, 2012.

  1. achilles28

    achilles28

    Unless the market trades below ~1293, we're due for a bounce...
     
    #11     May 21, 2012
  2. Will it be a one day bounce?
     
    #12     May 21, 2012
  3. Looks like alot of other people thought the same thing...LOL!!
     
    #13     May 21, 2012
  4. Great call.
     
    #14     May 21, 2012
  5. Green Monday!
     
    #15     May 21, 2012
  6. You should qualify then
     
    #16     May 21, 2012
  7. Tsing Tao

    Tsing Tao

    We now know why Bond trad3r issues these calls "rarely".
     
    #17     May 21, 2012
  8. achilles28

    achilles28

    Stops are still at ~1293 level. The market is pulling back on the hourly, but the daily bias is still long.
     
    #18     May 21, 2012
  9. Wednesday there'll be a summit in Europe, that'll probably be the next big move. Which way, who knows. Given their record over there, probably up then down, but maybe it'll be down then up this time (y'all can thank me later for my stunning clairvoyance), just to keep everyone on their toes.
    Of course, unless they actually ditch the euro they're still totally screwed, but that's got more to do with strategy than tactics.
     
    #19     May 21, 2012
  10. tortoise

    tortoise