Shanghai down 10%, that was their correction, now its back to 3000. See how quick an easy a market can correct. Down 10% in less than a week.
thorn has more knowledge in his little finger about the mkt then most all of you put together....... its just that mkt doesnt want to cooperate with the charts....... at this point i am only certain that im uncertain about this mkt...... still holding long but dont know for how much longer...... sectors are gearing up for rotation...... we are at the apex of the fed rate cycle..... have my peepers out from the crows nest.......
That's an odd thing to say. It's like if you tried to bark to simulate a dog and stated that dogs don't want to cooperate with you. Why would they? It seems like you got it all backwards. The charts reflect the market, not the other way around. If somebody's chart is crooked, why would the market care?
Without a doubt, the most absurd thing that I have ever heard on this thread . . . "The market doesn't want to cooperate with the charts" The market is synonymous with the CHARTS, duh! And last time I checked, the SPX came down to support at the 40 day MA on Monday and Tuesday of this week and rocketed off that support to NEW HIGHS! What is so puzzling or uncooperative about that kind of market behavior?
If he had half the knowledge that you claim then why did he not have the foresight to see what I did ?
1 that's nice....... 2 the charts ARE the market 3 obviously 4 see 3 5 still belongs with #3 6 best part of the whole post (+ that you are (still) long) think for yourself first......... J
Well i didn't mean "the" charts...... i meant what ever it is that thorn is looking at (charts?) to make his calls. He obviously sees somthing that tells him mkt is about to roll over....
Perhaps he needs to change what he is looking at because it has allowed him to call 21 of the last 0 tops from 1140 to 1450.