Closed way below that at 752. Idiotic call by another et troll. And then touts his own discussion board and talks about himself in the third person? Total moron,asshole etc. and isnt even 18 yet. Your parents should revoke your internet priviledges.
That is exactly what your paper trade calls have all turned into, nothing. Em, nice trip down, wouldn't you say?
Insults are a good indicator of a bottom! Selloff of end of day was god sent as retirement accounts accepts order for close price only. PS: Did you not make a similar case on long side when NDX was at 2055? At that time (if memory is good) you were making insults to the effect that those shorting NDX were idiots . Few months later, it lost 50% of its value! Worse you were bullish at the top (but your were not alone).
In other words, another blown "bottom" call from a typical ET clown. So when we go lower still are you going to claim that you weren't really calling the bottom, just like last time with your "bottom" NDX call?
in my understanding, what RFT calls "bottoms" are typically micro-bottoms that are tradable intraday. in his blog,i saw him take many trades that were exited for a quick profit. i think his method recognizes that we have been in a downtrend and he kept taking small profits on his long positions. i think most of this long trades over the last several days were closed for a profit, but maybe some are underwater (not clear from his blog). this time he is calling for a major bottom. and i hope he is right.