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Short timescale predictions are usually wrong.
This will happen 1 second after my put options expire worthless on Friday.
+1. I hear you on that one.
Starve the market. Play Online Poker!!!!
Seriously, I think you are right. Selloff should start next week or even Friday.
Looks to me that market is drawing a (at least) near-term top on the chart. Today's action is just a warning shot. Expect a strong bounce either tomorrow or Friday. Then the flood gate will be open
Hey, I found this cool interview with The Great Hugh Hendry. Worth watching:
Yes, anything from Hugh Hendry is definitely junk.
Junk you, too, douchebag.
Take it easy Turd...or, as my dad used to say 'don't let the sons of bitches get you down'.
Hendry is sharp and you have a great site going...What does the azz hat that junked you have going?...Probably a corner in his/her parent's basement. :)
Keep the faith, keep up your good works!
It would be fun to see tyler add some type of positive feedback button so that one coiuld measure the perceived "quality" of each comment.
Illegitimi non carborundum
I believe that at times we can measure how close we are to the truth by the number of 'negs' our posts receive.
Of course there are outliers to every rule of thumb... like Harry Wanker. :)
Speaking of Harry Wanker, who are the dickheads junking Turd Ferguson?
It's the 2011s, man. Junk is the new thumbs-up. Admirers all.
I think Turd has created the catch phrase for 2011:
"Junk you, too, douchebag."
Your contributions demonstrate vision, leadership, quality, and value.
LOL! Maybe he does not like your hat.
I predict 12.25% and if that's wrong, I predict everything will eventually go to hell.
good call !
only 11%? that can be done in 10 minutes.
It can, but you have to be there to exit your shorts because it can correct just as fast. lol. flash crash, flash rebound then melt up...
better get a little dip while you still can.
Maybe it will put some volatility in ES that I can get some decent trades out of...
The PPT has been put on notice. Imagine what would happen to the NASDAQ if Steve Jobs saw his health decline to the point that he couldn't work.
"work" is a subjective term.
Ever see "Weekend at Bernies"? Jobs will always be around.
Personally, I think the recent AMC TV series "The Walking Dead" is a better example. After all, we already see a lot of Jobs-followers either in products or in stocks - looks to me that he must've bitten them sometime before and now the disease (applefication of the brain) is widespread.
will they let it fail? after all they've done to date. why should they stop now?
As long as gold keeps rising, a 11% market drop is unlikely.
However, a correction could be close, as the XRT and XLF are now starting to underperform for the first time in a long time.
hey catfish mouth. where's that zlc chart that you slapped up last week mocking the bears? now you're calling for a potential correction at the same time you're braying that "a market drop is unlikely."
"most used indicators by professional" Robo how long pro can survive trading futures using indicators :-)
monthly chart for Emini , DAX and ASX . http://www.ac.com.au/images/monthly.jpg
Market will drop when most of us are "long" and CNBC,WSJ and rest of Gestapo media
say blue sky is limit .
Robo is right about XRT showing weak hands. I am out of S&P and now am short some retail/restaurant stocks since 2 weeks and they have already dropped 10% since then. I expect S&P to drop now.
Agreed that a slight 3-4% correction might be looming here. I said last week I thought once we hit 1300 we'd see the pull back. 11% is ridiculous. The pull back should take us to 1250 level which is where the buyers will flood back in.
OT...end the FED
Please, impossible while Sack has a bloomberg and a printing press. The market is broken, thus it does not and will not function as market. It will be pushed up and up until Ben comes out on to the carrier deck and declares victory.
didn't you see the picture of their office in the Times? They don't have a bloomberg news terminal.
Physical PMs and Puts! Rest is History!
LOL... another top caller, not a chance SPX 1350+, then maybe a small correction
Wow, a top calling troll calling for a top in something other than PMs.
A shit snuffling troll calling TD a troll? You FOOL !!! Beware fools
Tyler didn't write that article.
Also, you're the fool that sold his gold for a 100% profit when he should have gotten a 1000% profit.
Silver coins for 100% you FOOL. Not gold.
135% AGQ 7 weeks up to 12/07/10. How about you, You bootlicking moron?
Maybe he meant the other TD (Tom DeMark), the author. :-)
Blah, blah, blah. If I had a dime for every "imminent" market drop I'd be a richer man. Talk about "hopium", I've been waiting for this for 6 months now and am beginning to really believe that the market may NEVER EVER go down again. Watching my shorts get soiled day after day after freakin day is the ultimate humbling/maddening experience...fookin FED!
I've been waiting for almost 2 fucking years now.
Just what they want everyone to think, it can never go down again. Good luck to anyone believing liars lies about altered laws of physics.
When you're printing money, it has to flow somewhere. Our job is to figure out where the flow will pool, that is, if your greed drives you to bet against every insider in the market, you have to find the streams of credit.
Will it be bonds? Will it be stocks? Will it be PM's? Can they head fake here and head fake there and scalp your bets?
Once all the rules are broken, the chance percentages rage.
Possibly, for once in a long time, it may just be dangerous to be a small speculator. Regardless of experience, once you sail into new waters, without charts, the shoals can capture your every dime.
Yeah right, every time "they" drag out Faber, Fleckenstein, et al, the market suckers in the shorts and melts up. Where's Taleb?
I am hoping a 11% dip, then I can buy the f**king dip!!
Sectors that lead rallies typically lead the sharp declines. The financials led this rally due to QE2, if financials do not lead an overall market decline, it will show just how fucked up this faux rally has been.
Ben has to have the 5 min spy chart up on his laptop. They hit right at sell signals. Chartists are losing their minds
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