I'm saying you don't put your money where your mouth is, so you have the impression that you were right ... Regarding intelligence ... your writing says all.
BAC down -4% today. And it is not really a crap-crap stock since it is in the Dow. it is more like a semi-crap stock.
i am very concerned about the market and issued a "SERIES X15" alert in late May. the alert was issued again early this morning. I'm nervous.
.."Those who believe the market will go down, please check the pice action on ES and NQ just after 6PM ET after it opened. That is a stong bullish signal. Monday market is up and you can bank on it. No ifs no buts..."... MOndays are always a pump up... BLUE Arrows are Bear tests that failed RED Arrows are Bull tests that failed The 100 EMA is the gorrilla in the room, and the big market players know it !
More on trading fractals.. I subsribed to this site for 6 months. I learned a lot on fractals, but I could not trade with this guy, to weird. But the logic is sound. http://www.elliottfractals.com/ This is what a market fractal looks like
Here you go more evidence... http://www.bespokeinvest.com/thinkb...y-repeating-the-great-depression-pattern.html Interesting times to say the least !
Earnings can be gamed.. SALES cant ! IBM sales no growth.. http://www.marketwatch.com/story/ibm-net-rises-9-on-slight-sales-increase-2010-07-19?dist=afterbell GE no sales growth... TO get earnings up with Sales FLAT or shrinking means MORE LAY OFFS ! deflation is in the room !
Both IBM and TXN down AH, not good, tomorrow morning GS reports and if they miss we can welcome a close below 10,000 once again.