msummer2007
129 posts
msg #53698
- Ignore msummer2007 |
7/31/2007 11:33:59 AM
I believe the market will finish strongly, between 120-150 to the positive. It won't last long though. Just a guess!!!!!!!
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nikoschopen
2,824 posts
msg #53701
- Ignore nikoschopen |
7/31/2007 12:07:59 PM
For the S&P, there's an eerie resemblance to the pullback made in early June. If that's any indication, then I figure we'll get a small move to the upside today and back down we go for tomorrow. What a joyride! lol
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nikoschopen
2,824 posts
msg #53704
- Ignore nikoschopen |
7/31/2007 1:52:35 PM
Would you think of me as crazy if I said that we'll retest yesterday's low? ;)
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msummer2007
129 posts
msg #53705
- Ignore msummer2007 |
7/31/2007 1:57:18 PM
That is a bit extreme, but I do believe we might see that tomorrow.
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nikoschopen
2,824 posts
msg #53706
- Ignore nikoschopen |
7/31/2007 3:00:28 PM
Are you in for the thrill yet? lol
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nikoschopen
2,824 posts
msg #53707
- Ignore nikoschopen |
7/31/2007 4:00:17 PM
So am I crazy?? (wink, wink)
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msummer2007
129 posts
msg #53738
- Ignore msummer2007 |
8/1/2007 9:37:41 AM
Niko excellent call yesterday, all you needed to do was invert my prediction. Good Job Swarmi!!
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nikoschopen
2,824 posts
msg #53739
- Ignore nikoschopen
modified |
8/1/2007 9:47:46 AM
Alright, you dead cat lovers, here's my setup for today.
Once the S&P retraces back down to yesterday's low (oops, make that this morning's low for the S&P futures), and possibly breaking under for a brief moment, get ready to "load the boat" once it gets off the ground or climbs back above that low. ALWAYS ALWAYS use stops. That's my useless 2-cents for now.
Thanks, msummer!
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nikoschopen
2,824 posts
msg #53740
- Ignore nikoschopen |
8/1/2007 10:00:59 AM
msummer,
If we manage to get a relief rally, if at all, which I believe we will, it might be quite significant.
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msummer2007
129 posts
msg #53741
- Ignore msummer2007 |
8/1/2007 10:15:36 AM
The sentiment in the market now is totally negative. Even if your lucky enough to bottom a stock, people are trading out just as quickly on short moves. Hence more downward pressure. Difficult to navigate these waters.
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