TJ, you really are a funny guy. I'm serious. Some people are annoying but not funny. So it's hard to deal with those people. But you are kind of funny when you are annoying. So....well, it helps a little bit in your case.
Another big drop, heard that this is one of the biggest DOW drops since August of 2010, anyone crying or complaining how painful this drop is quit while your ahead. While your at it buy some more stocks on the dip, about 99% of the money managers are saying the spx is going to close the year anywhere between 1350-1450 so just keep buying, if the only risk is a 200 single day point drop in the DOW every 7 months there is no need to bitch and complain.
QQQQ at 56.48. Would the bears start appearing to screw this rally of the bulls from the 55.91 bottom?
Thanks for the good part Mav. Could I ask this question: how do the professionals determine the tops and bottoms beforehand? So far today 55.91 was the precise bottom and the top is only 3 cents away from 56.48.
Iâm sticking to my Feb 22 call that the DOW top on Feb 18 2011 signals the end of the rally. FX, GOLD etc. are still tracking sideways and this will continue until the recurring DOW/S&P500 buying support is overpowered by selling pressure. A new down leg is slowly being established, that I am sure of.