You know Bud, you keep calling for a top long enough and it will become a self fulfilling prophecy. When I saw the title of the thread, I KNEW you were the author . . . Happy New Year and don't forget your medication.
ROFL. I don't know how, but I think I'll find a way to handle life without Bluestreek. Although, there probably is a lot of money to be made fading his posts. I never have seen anyone be so wrong so consistently. He's sort of a cross between William H. Macy in The Cooler and Carrot Top.
bluestreak, check this out; ^BVSP Bovespa 45,382.61 3:15PM ET Up 908.91 (2.04%) ^MERV MerVal 2,139.140 3:00PM ET Up 48.680 (2.33%) ^HSI Hang Seng 20,310.18 4:59AM ET Up 345.46 (1.73%) ^ATX ATX 4,558.96 11:33AM ET Up 95.49 (2.14%) ^SMSI Madrid General 1,580.62 11:40AM ET Up 25.69 (1.65%) the list goes on, you dont think wallstreet will join in this rally tomorrow?????....nearly every market is up over 1.5%%%%%....im bearish but tomorrow looks like an up day if data comes in as expected...... ralllllllies acrosss the world. Tonight the same thing...buy buy buy buy buy buy buy buy...
Remember, I am the master, and you are my students. Those markets all trade off of the US markets, either in sympathy, or stark reaction, but we had no real world news, so they bumped those markets up, no different than what has been happening here for every MONDAY/TUESDAY for the last 2 months. However, after these initial NO NEWS BUMPS, the rest of the week the slope is down. Tomorrow is Wed. and we are jam packed with economic news, and those bumps never occur on NEWS DAYS, the big gaining days all occurred on NON-ECONOMIC NEWS DAYS! So expect the dow to be down 150 by this time tomorrow, and those "referenced markets" to be down in sympathy, as this is a case where misery will definitely need company, as free money will cease to exist for the new year! Watch and learn from the/YOUR master BlueStreek........lol. private tutoring will be made available for those slow of foot/thinking tomorrow in finding the exits
I remember as a kid watching my dad read the "Financial Meltdown is coming in 1987" then of course 90, 93, 95, 2000.... going long publishing might have been the only good bet. sure everything has a downturn but I've made just as much money in down years as up years....and arent worldwide financial markets getting ever diversified and increasing their depth...that major downturns are more easily absorbed and dampened against....
Forgot China SSEC , up 4% last trading day the 29th. You really expect the dow down 150, bluestreek? Good luck...