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| johnpaulca 12,036 posts msg #96751 - Ignore johnpaulca |
10/5/2010 4:02:47 PM johnpaulca msg #96461 - Edit message 9/23/2010 12:14:02 AM I don't believe this impending correction is gonna be that bad, time will tell. Market Gurus would have you believe it's Armageddon ****************************************************************************************************************** I wonder what happen to all the "smart money" that were loading up on puts....sucks to be them. |
| Eman93 4,750 posts msg #96755 - Ignore Eman93 modified |
10/5/2010 8:40:02 PM Yes reverse course...... although I lost my gains form yesterday holding short went long UWM when RUT crossed above 778 ish corssing the descending trend line and gave the squezzzzzzzzz.. Looks like we broke out of all resistance on SPX... we should retest the highs... so that means the bitch will gap down 500 points some time this week.... LOL BOJ.......wtf I did sell out EOD today .. I am doing better shorting off resistance with a tight stop... then go long if it reverses... I did miss on the chart the bouncing off the lower channel line yesterday.... would have been a good spot to take profits... brain lock.... Contingency plans people!!!! I do not pretend to know what will happen... HYPE INFLATION currency war trade now back on... We are all doomed........ |
| Eman93 4,750 posts msg #96757 - Ignore Eman93 |
10/5/2010 8:49:52 PM Now shit folks you gotta admit that was a probable spot to take a short... so shit happens that's how it goes live to fight another day... |
| johnpaulca 12,036 posts msg #96759 - Ignore johnpaulca |
10/5/2010 9:02:01 PM I think one more day of squeeze will be delightful. |
| Eman93 4,750 posts msg #96763 - Ignore Eman93 |
10/5/2010 11:09:44 PM |
| Eman93 4,750 posts msg #96764 - Ignore Eman93 modified |
10/5/2010 11:11:55 PM The green line is about where I went short yesterday and long today.... I did know we hit the 50% fib retrace from last swing low.. but missed the lower channel line... two upper channel lines in play.... |
| Eman93 4,750 posts msg #96765 - Ignore Eman93 |
10/5/2010 11:18:34 PM |
| Eman93 4,750 posts msg #96766 - Ignore Eman93 |
10/5/2010 11:25:01 PM I guess the trade now is long above 1050 and short below.... look for reversals in the oblivious places... Very hard for me to swing long at this point... but a break out is a break out.. I read somewhere like 60 or 70% of all breakouts fail.. May just go all in silver..... its about to go parabolic.... |
| Eman93 4,750 posts msg #96767 - Ignore Eman93 |
10/5/2010 11:33:01 PM |
| Eman93 4,750 posts msg #96769 - Ignore Eman93 |
10/5/2010 11:37:25 PM F silver..... this is my chat with the BO line...... when it happened...  |
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