market will tank ..get out

Discussion in 'Trading' started by stock_trad3r, Apr 22, 2008.

  1. I'm pretending to be a perma bear so that we go higher.

    the 3 month chart is very bearish. Rising price on SPY/DIA and falling volume in a rising wedge. Expect heavy consolidation.

    now that i said it is time 2 sell the markets will actually rally ha ha

    long goog @ 450
    With the exception of 12 or so stocks like GOOG AAPL FSLR BIDU POT MOS V MA and others everything else in this market sucks.

    -werd-
     
  2. S2007S

    S2007S

    wow, i was just about to long until I read this....

    :p :p :p :p


    who are you kidding, DOW and the rest of the markets are headed back down.....
     
  3. I think the market will only go down when we finally admit that he is right and move over to his side
     
  4. ronblack

    ronblack

    I see a bottom in S&P 500 at 1,257 and a h&s type of formation in the weekly chart. Looks like price is testing trendline resistance now, the line from the Oct 2007 high.

    Any correction may be short-lived unless new worries emerge and bad news.

    Ron
     
  5. what a jokahontas

    He did finally admit though here that he is the ultimate fade--
     

  6. y u jinx yourself?
     
  7. Nice..you managed to pick the top in the Ag. bubble too. POT, MOS
     
  8. Looks like you are right on these MOMO Ag stocks. Fund managers looking for new MOMO candidates?

    :DpS