It's going down and it's going down hard.

Discussion in 'Trading' started by LeonPhelps, May 10, 2007.

  1. Keep you eyes on the weekly charts in the indexes. You gotta give the bulls credit this morning.
     
    #31     May 11, 2007
  2. They won't come back for a while. Licking their short wounds now. Won't be back until we see another 5 point "crash" in the ES. Get ready for more "this is the top all you dip buyers will be wiped out" preaching for the umpteenth time then :p
     
    #32     May 11, 2007

  3. I dont no why they just dont go with the flow, strange very strange.

    I will short when the market tells me to short but right now its just screamimg buy dips and make FREE $$$$$$$$$$$$
     
    #33     May 11, 2007
  4. $$$$$$$$$$$$
     
    #34     May 11, 2007
  5. Congrats dip buyers
     
    #35     May 11, 2007
  6. At this point, everyone should be a dip buyer. There's no risk.
     
    #36     May 11, 2007
  7. The actual close of +111.09 is an exchange print error.
     
    #37     May 11, 2007
  8. S2007S

    S2007S


    was close enough, my prediction for monday close is:

    Another record high closing for the dow.

    buying the dip works 101% of the time, no questions asked, everytime the market dips .5-1% its a buying opportunity. It has worked the last 4-5 times the market sold off. Many new investors dont know what its like to get one of those back to back down days. Its been so long I can barely remember the last time the markets closed down 2 days in a row.
     
    #38     May 11, 2007
  9. And come monday morning, The YM will be over 13400... Great way to pump the market with low volume.

    Just bought 2 contracts at 13378. Easy $ :D
     
    #39     May 11, 2007
  10. Told ya'
     
    #40     May 11, 2007