Re-Testing old lows...back to Nov 24th...new target is 650 for the S&P

Discussion in 'Trading' started by Port1385, Jan 11, 2009.

  1. Bill Gross said sp00z would go to 500 back in 2002.
     
    #41     Jan 12, 2009

  2. what trend line? yours?

    :D
     
    #42     Jan 12, 2009
  3. xednise

    xednise

     
    #43     Jan 12, 2009
  4. this time it is for real and it will go past that 300, people are no longer spending, thinking twice before buying, not buying at all, repairing old shit... the list goes on
     
    #44     Jan 12, 2009

  5. "this time" versus what time ?
     
    #45     Jan 12, 2009
  6. vs the one that stock_trader mentioned....
     
    #46     Jan 12, 2009
  7. we now understand each other ...
     
    #47     Jan 12, 2009


  8. Dude, where were you all day when 0il names made +4% moves? Coal names 10% C, HIG, BAC +10% moves to the downside? All stocks trade like penny stocks.....huh?

    I hear alot of people complaining about volume, but what's to complain about? THis is different market than few months ago, and folks need to change. Now you have to be able to call market direction correctly for the entire day in order to catch a big move...just requires more intuition. IMO I like it, cause there are no super squeezes to scare the shit out of a position, or sudden drops vice versa. Volume means shit if you are right.
    by the time you get your big volume, its prob a reversal. THere's was mad loot to be made every day in last 4 days.
     
    #48     Jan 12, 2009
  9. dsq

    dsq


    Really?Lame excuse.NAme me one other poster that is so despised by every user here and has 9000 posts in 2 yrs?
     
    #49     Jan 13, 2009
  10. You misunderstand. The poster you mention is simply using this forum to amuse himself with his own satire. Every time someone responds in anger or disgust, he quietly laughs to himself, because the people calling him stupid aren't even smart enough to get his thinly disguised jokes.

    Either put him on ignore or use a little intellect and imagination to reverse the game on him.
     
    #50     Jan 13, 2009