Wait till the dow breaks 13,000. I heard a few talking heads saying that financials looked like buys, even that guy ERIC from Fast Money says he did not see GS going to 160, well its only 10 points shy of 160.
Now 15 mins later.....Oh look, the dow lost the 50 points its just gained ! Looks like a small lunchtime flatline, followed by a bloodbath straight to hell. Ps: I have no idea what I just said, but it sounds nice.
The smarties wont let the markets sell off too much I guarantee it. Smartism and the new world order. the creators and verificationists. Rich will continue to get richer. Poor get poorer. The embettered get beter. Successful get more successful. Paymentism is themeans The Creators use to keep the middle class in debt until a middle class no longer exists because The Creators dont want a middle class since it is a threat to thier power. The ideal class structure under The Creators are the elite information overlords who regulate informaton transfer and peons. The middle & lower class will exist as peons. We're on the precipice of a new world order lead by The Creators which will emerge by 2050-2075. To conduct this transformation the Creators advocate a world gov. and complete free trade. Abolition of constitution and bill of rights. Media outlets will be centralized. Open the borders! Abolish all religion (esp. Christianity). What does this have to do with trading? Nothing-but I figure that since there are alot of people reading this thread I'll use it as a soap box. It is time 2 buy
At this point there is so much support in the 13100-12500 range for the dow that going much lower without a stronger catalyist will be very difficult. I hope you shorts have an exit strategy. Greed leads to fear. and fear leads to short covering. And short covering leads to market going up which causes more fear. Repeat.
I don't post much, but I will say this: You are probably the biggest asshole I have ever had the displeasure of coming across. Why don't you take your idiotic opinions and go somewhere where you aren't universally despised? If such a place exists.... RoughTrader
How do you have the time to post so much while the market is open? I think the answer is apparent to all here. Don't bother answering. Back towork.
Everyone stop bashing Stock Trader is a phenom we should all take notice of his track record and bow to the almighty. He posts perfect entry and exit strategies day in and day out. His emotional balance seems to be completely insync with the markets at all time. We are all flawed compared to this impeccable human being. The only thing he has not done yet is ask for money to create a fund which I'm sure we would all be grateful if he would only offer his services for a fee of maybe 4/30 or even 4/40. Please let him be you will be reading about him in the next Jack Schwager book.
Mods im begging you. Please ban this moke. I will buy something from every vendor on the site if you do, I promise.
He is too funny. I am still trying to comprehend that long post. Pure fucking gibberish. I love how he says shorts better have an exit stategy. Wow. He has no strategy, and he insults people who make money! Stock you are without question one of the biggest idiots i've ever come across.