Arrived in jig time!! Anyone careless enough to stand in front of a train deserves to get run over. See you guys at 3000
I am still in front of the train but plenty of trading ops to keep things even keeled and off my high horse like you! Your chest has expanded more than B1S2. See you at 2500
Market rallied about 20% off October lows into the 2008 election topping about the time Obama was taking stage in Grant Park. Within three weeks it was down 25% from those highs. Traded through it, that is all from memory. Don't get too excited about this move, don't see this sticking post fed tomorrow.
Firm support now exists at 2700. Was wrong on where it would come in before but it is there now. Resistance will be here around 2815 to 2820. Once thru we may pullback a bit and establish new support in that area.
How do you determine that is resistance there. I usually have NT create a permanent line on at prices where the market has failed to break through and fallen back down. Then if market has not gone there for awhile they could act as targets for a long or places to short if market respects them. Last resistance level I have is 2800 which was broken. I have 2777 as firm support now.
Oh come on, we both know that's just not possible I'm just having fun with you guys. When the market is down and everyone is jumping on how retarded the longs are, nobody seems to mind... the market is back UP and all of a sudden everyone's sensitive? @mastacoli71, I seem to remember you scaling into a short earlier this year and then having to eat your position when the market didn't retrace - I actually admired you for that; and I still do, no hard feelings, you've got some steel ones and I respect that. I do, however, think you're going the wrong way again. But I wish you well... The rest of you can suck it
he's talking about support a HUNDRED pts lower, is this a joke? the rest of us aren't billionaires. at end of THIS week we want to see some $