The Intraday US Stock Market Discussion Board
http://bbs.cobrasmarketview.com/
Sqwii wrote:I'm calling for some real PANIC over the next few days.... especially Friday could be really bearish as people afraid of EU stress test....
Cheech wrote:I actually disagree strongly that this is anything like 2007. While I remain bearish (just because I have guarantees of lower prices from the banks on the markets), there is really no comparison. Sentiment is far more bearish right now than it ever was in 2007, so I think there's a decent chance the market powers on even higher after we finish this consolidation phase. The thing I'm not convinced of, like other bulls on this forum, is that the consolidation/correction phase is over and that we're ready for a big rally that lasts. This action here has all the markings of a rally that is bound to collapse right where it started, so it makes more sense to short and collect profits on the difference, then buy back lower on the re-test. I mean, hey, congratulations to the bulls who rode it this high, but we all play different games in the market and have different strategies. There's a good chance some of the same bulls will be buying dips and getting stopped out all the way down until they turn into bears again...right at the next low.StrikePrice wrote:Feelings don't make money. Quantitative research does. Like to hear about that more.Anaconda wrote:Agnosia: "this is the euphoria stage of this rally... the final stage in the bull run."
Brother, I think you're dead right. Feels like 2000 and 2007, all over, to me. Wacky stuff.
wow i think i can call a break down now. no much def in this area, not even daily pivot at 1310. we may see 1302-03 soon. god knows.soku wrote: the sudden 3 point crash at 3 o'clock seems bots selling to me. cannot be big news like qe that the market is fully acknowledge of. i check tick by tick and i think i see large imbalance in down tick vs up. not sure how to use this info. just thinking loud here.
BullBear52x wrote:I was expecting recent low not today, afraid I'll switch side?
checking out.
be kind to one another snakes.
you think you are the only one smart here? Orzcheech wrote:I may be rude but I am also not stupid. Please read this post that I made at the exact market top on 7/7. Please focus on the last sentence especially.
Would you rather have rudeness that makes you money or politeness that causes you to lose? I'm done with this forum. Waste.
Cheech wrote:I actually disagree strongly that this is anything like 2007. While I remain bearish (just because I have guarantees of lower prices from the banks on the markets), there is really no comparison. Sentiment is far more bearish right now than it ever was in 2007, so I think there's a decent chance the market powers on even higher after we finish this consolidation phase. The thing I'm not convinced of, like other bulls on this forum, is that the consolidation/correction phase is over and that we're ready for a big rally that lasts. This action here has all the markings of a rally that is bound to collapse right where it started, so it makes more sense to short and collect profits on the difference, then buy back lower on the re-test. I mean, hey, congratulations to the bulls who rode it this high, but we all play different games in the market and have different strategies. There's a good chance some of the same bulls will be buying dips and getting stopped out all the way down until they turn into bears again...right at the next low.StrikePrice wrote:Feelings don't make money. Quantitative research does. Like to hear about that more.Anaconda wrote:Agnosia: "this is the euphoria stage of this rally... the final stage in the bull run."
Brother, I think you're dead right. Feels like 2000 and 2007, all over, to me. Wacky stuff.
Wise words. I must confess thats a little bit dificult for me doing this...Cobra wrote:one more words: those who're very experienced here should know, right or wrong doesn't matter as long as you control your losses and switch faster to the right side. So I admit I was wrong and cut loss and switched the side, that's what I think is the right thing to do and really matters. So hopefully you all understand how I trade and how I call.
oops i read the chart wrong. in between 1307.5-1309.5 parked couple heavy battle zone from yesterday. they coup with 1310 pivot, could serve as short term support.soku wrote:wow i think i can call a break down now. no much def in this area, not even daily pivot at 1310. we may see 1302-03 soon. god knows.soku wrote: the sudden 3 point crash at 3 o'clock seems bots selling to me. cannot be big news like qe that the market is fully acknowledge of. i check tick by tick and i think i see large imbalance in down tick vs up. not sure how to use this info. just thinking loud here.
the market is fishy at this moment. i will just watch but not trade it.
I think we have different style. I may not agree with your method because it didn't work for me but at least I don't comment your way as poor or something. Please, although I'm from Mars, but like you Earth people, I still don't like be criticized, especially my way was proven right most of the times.cheech wrote:I may be rude but I am also not stupid. Please read this post that I made at the exact market top on 7/7. Please focus on the last sentence especially.
Would you rather have rudeness that makes you money or politeness that causes you to lose? I'm done with this forum. Waste.
Cheech wrote:I actually disagree strongly that this is anything like 2007. While I remain bearish (just because I have guarantees of lower prices from the banks on the markets), there is really no comparison. Sentiment is far more bearish right now than it ever was in 2007, so I think there's a decent chance the market powers on even higher after we finish this consolidation phase. The thing I'm not convinced of, like other bulls on this forum, is that the consolidation/correction phase is over and that we're ready for a big rally that lasts. This action here has all the markings of a rally that is bound to collapse right where it started, so it makes more sense to short and collect profits on the difference, then buy back lower on the re-test. I mean, hey, congratulations to the bulls who rode it this high, but we all play different games in the market and have different strategies. There's a good chance some of the same bulls will be buying dips and getting stopped out all the way down until they turn into bears again...right at the next low.StrikePrice wrote:Feelings don't make money. Quantitative research does. Like to hear about that more.Anaconda wrote:Agnosia: "this is the euphoria stage of this rally... the final stage in the bull run."
Brother, I think you're dead right. Feels like 2000 and 2007, all over, to me. Wacky stuff.
Petsamo wrote:Overseas markets gave US a gap up on yesterday's poor performance. I'm not sure they're gonna be so kind for a second day.
i dont think it will break down before next week.... and market go up next two days...soku wrote:no fighting, just trading, ok
anybody trade silver? i think it may break out soon. it is kinda strange gold made new high while silver no following
Cobra wrote:well, I guess that's it for today. the daily chart doesn't look good, so the market may fulfill my call for a lower close first. Anyway, I need dig more to make my next call. Thank you guys, I'll see you tomorrow.