like this bottom you called at 1080, and said it would go to 1300? http://www.elitetrader.com/vb/showthread.php?s=&threadid=199522
Oh no you caught me! Hehe. This is what I dont understand about this board. If you make a call then you have to be right. Who cares if I am wrong or right...I am not trying to get people to send me their money like some aliases try all the time on here.
One word for you retaildaytrader -CREDIBILITY. You make bad calls and you've got none. But here's what I'll do - if you can make consistently bad calls then I will set up a reverse indicator fan club for you. Maybe you could be the Cramer of ET? Just a thought...
This is why I know you guys are a bunch of fools. Why would I care about establishing any credibility on this forum? Is someone going to send me cash once I do establish the so called "ET cred"? Will they give me a job? I guess if I made great calls all the time then someone might take notice, but I cant do that under one alias. If I had 10 different aliases and each one using a different theory making calls, then eventually I could get one to establish some credibility. Hehe just a thought on why you guys have so many aliases. Well, I still think you guys are fools trying to gain credibility on an internet message board with aliases. I have to laugh....
I like this call, it looks like the market just broke away from the lows, who knows how high this can go with all of the end of month numbers coming out. http://biz.yahoo.com/c/ec/201035.html Huge volume at the days lows to push the 50 above the 100 and 200, and then the 100 crossing the 200. 3 min chart. Looks like with expectations already so low, and this strength in the market, the squeeze will continue as more half decent numbers come out. W formation breakout. I say the spy will rally to print 109's at one point before the end of next week.
we are nowhere near the bottom. We are nowhere near the bottom of anything yet, the bear is just warming up.....
Mav and ambient, at least we give a reason for our short term bullishness. Don't be sour that you're still holding shorts at spy 104.40. Maybe you'll be able to cover in a month for a small profit. After all the bad news that came out the last ten days the bears couldn't even crack 1040. Its people like you though that will cause the market to go higher as you will be the last ones squeezed out of your positions at 108. Okay really though what is your case for thinking that the market will go lower at this point in time? Where do you see the spy closing on friday sep 3rd?