High Probability the Bottom is in - A rare Joab call

Discussion in 'Trading' started by Joab, Nov 24, 2008.

  1. Now that is a good call!

    the real market calls were made by RFT on Friday 2:37PM (and on Thursday's close for retirement accounts).

    PS: As RFT wrote on his blog, he took profits when NDX was at 1134, and then shorted a couple of time, and made 27NDx points on the shorts today in addition to fat profits from Friday's bottom
     
    #11     Nov 24, 2008
  2. Joab

    Joab




    Do you always refer to yourself in the 3rd person?


    I can't believe stocktrd3r is with me on this one but he will get his vindication this time.
     
    #12     Nov 24, 2008
  3. Nice to see you back Buddy. Now let me print this thread on my printer. I've run out of ass wipe.:D
     
    #13     Nov 24, 2008
  4. Joab

    Joab


    Ha

    Thought I would show you how it's done :p


    Cheers Renny :D
     
    #14     Nov 24, 2008
  5. Does anyone on ET ever look at actual stock SECTORS???

    How about the coal stocks?
    Natty gas? Drillers?
    Energy?
     
    #15     Nov 24, 2008
  6. S2007S

    S2007S

    Joab whats that probability that a bottom is in, cause I have to disagree, I hope to revisit this THREAD when the DOW and S&P have 7 handles once again...
     
    #16     Nov 24, 2008
  7. The bottom may or may not be in, but Joab's call was easily worth 50 handles on the ES today ... easy.

    From a tradng perspective, it might be a good idea to listen to what he has to say.
     
    #17     Nov 24, 2008
  8. wjk

    wjk

    Actually, yes. Picked up a little something out of the energy sector today...just a taste for now.
     
    #18     Nov 24, 2008
  9. S2007S

    S2007S


    HIS CALL, the futures were soaring this morning along with the C news how can that be made a great call, come on. If he came out last Thursday before the 1000 point run up I might say he was somewhat right, as for the bottom being in, I have to continue to laugh, its just too funny for anyone who thinks thats todays news was worth 400 points on the DOW. I can guarantee the market drops and wipes out all these gains sometime over the next 2 weeks, we will be back under 8000 and everyone will be scratching their heads.
     
    #19     Nov 24, 2008
  10. So Joab picked that great trading call out of Mandelbras as*?

    On the other hand I love to see comradery. Trading call or actual bottom I'm pulling for you wankers...er um I mean boys!

    :eek:

    Ya think. . .Joab make a stab at a great call and nails it? If this the actual bottom to the Bear Market Joab's guru status will be unequivocal!

    (jealous)
     
    #20     Nov 24, 2008