I enjoy his post. They far exceed the ridiculous bibkering that happens on most threads. He says "Ithink this, because......." Brendan P. Byrne
I voted no, still more upside ahead. There are big longs and institutions that want this pullback so they can load up. The upward trend is still intact. Dow pullback to 7900 I think S&P already saw its pullback today, but if it gets some traction then back to 8-820 support. For more commodity related, TSX could pull back to 9000, it was looking very overbought the last few days and its selling off very sharply today, but this was to be expected.
Going strictly by anti-capitalistic measures being implemented by Dumbo. Better get a gov't job.............that is all that will remain when this ends.
Besides this thread, i've started 2 other threads in 2009, and here they are: http://www.elitetrader.com/vb/showthread.php?threadid=146063 http://www.elitetrader.com/vb/showthread.php?s=&threadid=149709&highlight=forget+about+S&P+1000 (this thread was closed by itchy fingered ivanovich, go figure) I guess i've been really lucky this year. All 3 threads I started were correct, and all 3 were well viewed. This has to be luck! Isn't it great that ET has a moderator trying to protect the "trading" section from lucky ideas like these!
1. We both know there are other threads out there where you called something and it was wrong. So let's not go there. Conveniently posting only the threads to support your point is just silly. 2. You continue to quote me and are looking to turn this into a flame war despite the fact that I have not responded to your provocation the last few times - and am hoping the thread will continue to offer value. If you want to continue the argument, we can and this will end up in chit chat. You can complain to Joe (yet again), but Joe and I are in alignment on this. So I'd advise you to cease. 3. I was actually going to come here today to post how this looks to be a great call, but it's difficult to compliment someone who is so arrogant and argumentitive all the time. Your call, Rowshan. Shall we flame in chit chat or continue the thread here in discussion?