Very Bullish reversal is just happening

Discussion in 'Trading' started by hajimow, Aug 9, 2011.

  1. if you have to take 25 points of heat, its a bad call
     
    #31     Aug 9, 2011
  2. hajimow

    hajimow

    It is not called revversal. It is called "I am getting rich"
     
    #32     Aug 9, 2011
  3. Haji, my man! A+ for you!

    SPY +7% from the lows
     
    #33     Aug 9, 2011
  4. hajimow

    hajimow

    Thanks. Now watch CNBC. Everyone is saying they were buying today and it was obvious that we should have seen reversal.

    SPY was at 136 and then dropped to 110. More than 20% drop. Now it is 117.5. It can easily go to 124 and it is still 10% lower than its high.
     
    #34     Aug 9, 2011
  5. The only way you'd be getting rich on this, is if you were leveraged 100x.
     
    #35     Aug 9, 2011
  6. I checked out your 'journal'.

    lol
     
    #36     Aug 9, 2011
  7. mind telling me what's so lol? I'm a long term investor that has +%7.5 ytd while the market is negative.
     
    #37     Aug 9, 2011
  8. luisHK

    luisHK


    Relax Took2summit, Stock777 is actually happy to find someone who hasn't put him on ignore and is even willing to reply to his nonsense. It's his way to pass the message...
     
    #38     Aug 9, 2011
  9. baro-san

    baro-san

    Not a good call. Just a guess. It's funny how the bulls got quiet when the market dived to a new low, then got a new life when the market turned back up. All these guessers would've been bankrupt long time ago if they put their money where their mouths were.
     
    #39     Aug 9, 2011
  10. hajimow

    hajimow

    I am guessing for 17 years and profitable.
    Another guess: Japan will be up over 5% tomorrow.
     
    #40     Aug 9, 2011