day7793 understand that the market IS GOING TO TEST JANUARY 22ND LOWS AGAIN!!!! Can you understand that??? The dow will drop below 12k again and will most likely drop below 11750 as well, no need to debate, you thought the market was ready to rally again and that shorting was risky at dow 12500+, well you were wrong, the dow is coming back down and will retest jan 22nd lows again....
Hi day In another thread you said that you believed market makers controlled the ES trade. Do you still believe that?
What happened to the thread he started where he claimed he could force the market makers in the SPX options pit to fill his orders? That was a 65 plus page laugh fest. Shhh no one tell him we traded below 1330 on Friday.
Day, Please admit that your precious bull market is over and move on. The average bull market lasts roughly 5 years. The average bear market lasts just 12 months. Do yourself a favor and log off ET, take some time off, log back on in October and start screaming "the BULL is back! the BULL is back!". The only effect that rates cuts have now are the opportunity for sellers to dump at higher prices once guys like you "buy the news". :eek: See ya in October! MDT
You are now getting into the" fortune telling business " when you base your decisions on " how you feel" rather than what the Technical data says. I said market /SPX has support around 1330 area, firm support, should that be broken, it will test the lows formed on Jan 23rd. But you went on the limb and started using your ass than your mind, cause your brains are screwed up and feeling depressed, down and out. Most of this negative sentiment is showing in the markets and guess what ? That is a bullish sign. When VIX gets over 30 and sentiment is negative its a clear cut bullish sign.
shh no one tell him that the market didnt rebound from the last low till the VIX hit over 35. Funny how he makes stuff up to support his guesses
That post still stands and the truth behind it does. Yes we can teach a thing or two to SPX market makers and their abusive wide bid and ask price. My methods are widely used and have saved lots of people lots of grief. I dont trade SPX anymore, let those crocodiles drown in their green moat they built around CBOE.
There are no guesses here , simple Technical analysis that you can find on hundreds of websites online.The other guy went into the " fortune -telling business" using his ass rather than his mind. But if your mind -set is filled with insecurity, doom and gloom, and you are constantly battling depression, nothing will make it feel better, you have dug your own hole, and you are done. Go home, shave , and wait for a nurse to change your wet diapers..
There is never an all out "BEAR MARKET" . Within a bear market there are many " Bull Markets". Even though this is still a correction, since we are less than 20% from last October highs, mostly trading sideways in a range bound tight pattern. Metals, Commodities, Fertilizers are all trading in Bull markets. During last bear market real estate stocks staged one spectacular bull market... remember that ? This is not an all out doom and gloom change my diapers please scenario... Why don't you consult a shrink rather than getting your asses handed down to you on ET ?