20, huh? I suppose that did not include the call below which he deleted the other day shortly after it was apparent he was wrong? Or would that make it 21 posts? Everything to look good I guess And guys, remember that one call is just that: one call. Don`t get fooled by randomness. And if Blotto were the guru he implies, it sounds a little strange to get that easily excited about one short-term prediction that actually worked? I will not add further since it would not be necessary
I've always found it really easy to tell who is likely the genuine article simply by the writing style of posters and the little emotional telltale signs they always fail to hide. It's yet to lead me to the wrong conclusion. Quite interesting, really.
These f-ing hedge funds are dumping the market every time near the close to buy overnight.. I'm guessing they are naked short selling. I was up around $350 today and closed out 1/2 my position. I had only a small position on but it was worth at least $180. Now it is red. I'm just frustrated but these reversals are very abnormal. Closed right at the highs. I change my real money order by 1 tick and got greedy.. could have been out 3/4. Was expecting a close 1325. At least I'm glad I scaled out my position. When I take profits, it tends to be best just to take the whole thing off.
10:30 AM High=1327.75 "07-13-11 11:53 AM Shorts will be squeezed and markets to new highs. Expecting a reversal at that new high, but not before." -blotto ...ah OK. Now 14:30 Low =1314.50..
aquarian: I wouldn't gloat too much. Blotto's expectation was the high probability expectation. He was wrong about the news though. The greece downgrade changed the market sentiment. The guys shorting at new highs... that's not a play that will work out in the long run. He was overconfident. We all are. I can't believe how the market is slicing through levels like butter. The SP is trading like a commodity.. no give and take. just straight up and down. Wait till these short *** have to close. Maybe it will rally into the close. We do have a wide range when tends to limit the downside. What do you think? Are these new lows a buying opportunity for a trade back to 1322-1325?
"Shorts WILL be squeezed"...and no trade? The only thing being squeezed is Volente's limes. I am positive Blotto has been to ET under a different alias...second paragraph caught my attention. NiN