Dow TOP call - 10yr top formation done

Discussion in 'Trading' started by deadbroke, Jul 14, 2010.

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  1. Update-

    Some weeds will make themselves look pretty and grow fur on the stem like
    a tomato plant just to get near the goods.

    Wow. I don't know what to say about Deadbroke but that's bad luck. When you are just paper trading and talking shit hoping to be right to be made so utterly foolish is upsetting even to me. As you read from page 22 it just gets so sad. The charts don't look as impressive and the rational and the little baby lies it all saddens this semi pro. For there was money to be made. Lots of it. Boy imagine the real world, if this really happened if someone went short for some fund at 10,900 and then missed all this back n fill... ayyy.

    For Those of you who joined me last wed with DOMTAR, I know a bunch of you are with me... Here we go

    Our paper play UFS has brought us $5 grand and the nice thing is it is basing now up around the $55 level before earnings this Friday morning. After earnings we will be around $63 and you all can make your own decisions about what to do.

    The key to the trade was to find a somewhat cyclical play that wouldn't barf every time the usual fertalizer suspects sell down. A stock that is slated to beat numbers and a tight time frame for a $10 trade. I think we did all of that and only on two days of research. Not bad. Our back up idea Cliff CLF you can see how that insists on taking a good step back before maybe going higher.

    Another plays that is working is Under Armour! I'm very happy with this call they just blew away the street and we have gone from $34 to $39 in five days! Now the upgrades and then someone float that rumor!!!

    IOC-- I'll double post this in the stocks section where I have a profile-but WOW... $52 - $57 5 days!

    My wife has some fried chicken ready so I'll speed this up---

    For wed watch list from my world--

    UTEK-

    IDT-

    KEM

    GAME

    ERTS

    MWW-

    More finessing soon~ stoney
     
    #171     Jul 27, 2010


  2. from Business Insider, July 15

    61 percent of Americans "always or usually" live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.
    66 percent of the income growth between 2001 and 2007 went to the top 1% of all Americans.
    24 percent of American workers say that they have postponed their planned retirement age in the past year


    Point #1 = a bullmarket in Americans living from paycheck to paycheck.

    Point #s 2+3 = fuel to keep #1 raging like an inferno.


    And you called me a domestic terrorist because I wanted no part of such stupidity?

    :) :) :D
     
    #172     Jul 27, 2010
  3. Appears your trust fund has been replenished.



     
    #173     Jul 27, 2010
  4. -------------------------------------


    >>> India is relevant to the US, right? <<<

    An american invited to dinner at an indian businessman's house was intrigued by the vast array of identical clocks on the various walls, each one showing a different time.

    Finally he plucked up the courage to ask, "why do you have so many clocks showing different times?"

    Said the indian, "what would be the point in having so many, all showing the same time?"

    Lesson: the next empire will display such logic. Be forewarned!! :) :D

    --------------------------------------


    your chart is, as usual too mediocre and kindergartenish, therefore in line with your 2nd storey apartment rental at ET.

    :) :D


    CALL: go SHORT India Bombay Sensex today, July 28, 2010, actual exit call was January 19, 2010 as shown in chart

    The January 19, 2010 exit call saved huge opportunity costs because if top does occur in late July or early August 2010, it will be only marginally higher than my January call's top


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    #174     Jul 27, 2010
  5. Re: S&P Financial Select Spdr., ETF: XLF

    you clowns know how important XLF is, right? :)

    Did any of you even notice the massive downside volume on April 16, 2010?

    Well, have a look at the chart/Call posted on april 16 with the clearly drawn trendline, which if broken would be a take long profits and go short instantly.

    see page 3 of 3, in the middle of page

    http://www.elitetrader.com/vb/reply.php?s=&action=newreply&postid=2808964


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    ---------------------------------------------

    now updated for quick side by side comparison ....

    note that the trendline break occurred on April 27, the exact same day of my dow Jones top call. But look a little closer and you'll see another trendline - this would give the exit on april 16 itself, the day of the huge volume. This latter trendline is in hindsight only as I totally missed it at the time. Had I cott it back then on april 16, I'd have called the dow top instantly. Shit happens. :) :D


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    #175     Jul 28, 2010
  6. You seriously just make me feel sad. I used to love the fact that people like you participated in the markets. Now I feel a little... embarrassed. Dirty, maybe.

    Getting older is bullshit.
     
    #176     Jul 28, 2010
  7. That's all fundamental rationalle and not technical, right?
     
    #177     Jul 28, 2010
  8. In the XLF chart in prev. post, look at the volume. See all the recent rallies' limp dick upvolumes?

    economy hunkydory, yeah let's go Long, have some laughs = green eyed pussycat with a caca bum. :)

    STAY SHORT-issimo the Dow Jones as per the thread CALL


    The harder they come the harder they fall, one and all - dedicated to ET poster, Wilburbear, ET's #1 black hater :) :D

    http://www.youtube.com/watch#!v=KXCIgYtnrj8&feature=related

    (link messed up so copy/paste link into address bar)

    Me? Love them all, their music, their simplicity. But the King is my buddy, Barack Hussein Obama with a name so close to Osama, to Iraq's Saddam HUSSEIN, so much controversy where he's born, be it Kenya, or Indonesia, whether he's really muslim etc., and then a muslim becomes president of USA :) :) :):)

    Regardless, we many white nah-eeve fellas love our President dearly. Yeah we dig Joe too and the Clintons.

    The magnificent sense of humor of BEAR as he humbles and stuns America. :D :D :D
     
    #178     Jul 28, 2010
  9. Vix daily chart ... the giant has crossed topside.

    Who be the giant? :)

    Gann.

    Who be the cross-ee?

    The 200 sma.

    Who be Gann?

    the 144 sma.

    Its a hard road Daddy-O, when my job is turning Lead into Gold. :)
     
    #179     Jul 28, 2010

  10. :) :) :)
     
    #180     Jul 28, 2010
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