yes da bulls have done it again..c'mon bears time to convert and join da winnin' team, or are u so maso that u still keepin' u shorts from da lows[?]
I don't see how the markets can break to new highs with liquidity moving out of equities and into money market funds. imo this is a retracement that give strong players time to rotate into safety and complete distribution into weaker hands. If this assumption is correct, then selling the top of this retracement would be the ideal trade.
=============== Looks like another helpful call for May; However still have my elliotwave.com postcard ,2003 titled ''What is the purpose of a bear market rally''??? ''Answer ,to convince investors to stay in for the kill'' One of these years or weeks he will be right
Many congratulations to Bozo. Instead of his usual being proven wrong within 1 day, this time it took 2 sessions for him to get it wrong. Of course, he did have a 20 pt cushion and was still wrong, but that's just a little tid-bit. The s&p made a low of 1245.3 on 5/24
So what about those who also thought 1250 was support and shorted the break, did they not get faked out?
My calls are based on closing price only. Did we close under 1250 ? Funny that you quoted that envious prick that I have on ignore. I posted this almost 4 months ago on my range prediction for the year. How close did we get to the bottom of my call ?
Different day, same sh1t. Funny you don't mention this "closing basis only" in realtime. Only in your fantasy land where you can backadjust the language and intent of your posts. Sorry joker, that bottom call bombed too. Try your luck again, after all you'll probably get it right one of these days...
[kuntmissario suddently wakes up in massive pain after all the brandy he drank durin' da week-end to forget those underwater puts he bot at da lows..burp]