================= Rich; I agree with much of that. b]Except simply still like some battle tested trend indicators[with discretion................................................included but not limited to 50dma] AS far as what some gov ''says'' unquote ,well if you can trade/invest off that , more power to you'' c]Yes i fugured the Pickens plan would kick in around 3rd friday in JAN , more or less.[Cant oil drill out of this one that TX oil driller says]. But USA/Israel has to many oil rich enemies[Russia,Iran,Chavez........] for me to call for a stable oil market, but funny how so few''BLAME BUSH NOW'' for low oil prices LOL.CBN news reported Iran says ''more the price of oil the better'' Iran must hate technical price charts. d] I like the QQQQ leader ship, but thats to the downside,LOL; SPY actually ourperformed to the downside, a bit today, but not past 7 years..................................................................Look out below. Thanks Rich ; thought 1st day of 1st week would be more bullish, but that error tells something also. And still like a downtrending 50day moving average.
The original call was for a bottom and not immediately. Support area and fundamentals are still in tact. The problem with most of you is you have no patients and you think things just change on a dime. I'm expecting this to be a very ugly turn.
I guess this is your attempt at damage control. Why cant you just say you made a bad call or just let the original thread sink?
Hi, The DDMs have been actually performing the best lately, followed by the SSOs, and then the QLDs. However, I am not sure whether this flight to large caps is temporary or whether it is a theme that will dominate the next Bull cycle, as institutions become less risk adverse. NASDAQ may bne a steal right now, or it may just be stealing. I may just decide to split my bets between the three of them. Rich Thanks for your response.
It never ceases to amaze me the stupity of the "so called" traders in this room but it really shouldn't.
hmmmmm Horrific jobs number and the market rallies. Hope you all listen to Papa Joab ? If not don't worry there will be lots of time left before we see 10,000 but it is coming.
??? Which one is it? What kind of BS are you spouting? You've changed your tune 3x by making blanket statements that absolve you of being wrong under all scenarios except an absolute retest of lows. You call for Dow 10,000?!?! Wow -- what a genius! You're truly gifted and a real market wizard for saying 'someday it'll eventually get back to 10k.' What a BOLD prediction. You really went out on a limb there. Lmao.