Nice discussion topic, guys! BTW, I am surprised that in the present conditions we do not hear more CRASH talk…No Hindenburg !? Or, am I not well informed about what the cognoscenti think?
cougar wrote:Nice discussion topic, guys! BTW, I am surprised that in the present conditions we do not hear more CRASH talk…No Hindenburg !? Or, am I not well informed about what the cognoscenti think?
CNBC is talking about back to March 2009 lows, I heard someone saying.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
1. gap down, 10:30am ET lower low then 90% chances open > close.
2. a forward accelerating car cannot be reversed without slowing down first.
so no buy dip here, even it looks very stretched and I admit i'm very nervous here but trading is mostly AGAINST YOURSELF!
I have not heard anyone saying "The market is Crashed" so more down side to go?
I still don't see spike in visiting my web site. very strange, even down a little bit.
Cobra - perhaps this has to do with expectations vs reality. In other words, if people expect a downturn, or profit-taking, or "breather" as the TV pundits like to blubber on about, then there is no "surprise." Expectations are being met. So, no surprise increase in number of visitors to Cobra's site, searching for "the truth!"
cougar wrote:Nice discussion topic, guys! BTW, I am surprised that in the present conditions we do not hear more CRASH talk…No Hindenburg !? Or, am I not well informed about what the cognoscenti think?
CNBC is talking about back to March 2009 lows, I heard someone saying.
haha~in my opinion,maybe JUN 2010 lows is the very target after moving more time in the top range(125-137),oh,my poor english...
Cobra said.
<<I still don't see spike in visiting my web site. very strange, even down a little bit.[/quote]>>
As part of my contribution to your hard work, I pressed on the site blog 20 times since I read this post.
After market is over, I press another 80 times later.
Last edited by Tabby on Fri Jun 10, 2011 11:57 am, edited 1 time in total.
Tabby wrote:I still don't see spike in visiting my web site. very strange, even down a little bit.
As part of my contribution to your hard work, I pressed on the site blog 20 times since I read this post.
After market is over, I press another 80 times later.[/quote]
Tabby wrote:Cobra said.
<<I still don't see spike in visiting my web site. very strange, even down a little bit.
>>
As part of my contribution to your hard work, I pressed on the site blog 20 times since I read this post.
After market is over, I press another 80 times later.[/quote]
that may only count once. you have to refresh then close your browser then open your browser, refresh then close then open then close then open ...
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Cobra: you are right about the TV pundits: what they say, rarely means anything…
Very few of the people interviewed actually reveal their trading of investing positions. Among these, I watch Garry Shilling, who is a n inspired bond trader. He counts on a market drop (but not a crash) this summer, followed by a late summer countertrend…However, next year: RECESSION!
Last edited by cougar on Fri Jun 10, 2011 12:05 pm, edited 1 time in total.
First I was hoping that 128.2 will give this pull back a support and hoping for sideways to up in couple days, now all that is changed today. financial is in the ruin, this is difference than normal correction, trade the trend is the only sure bet. fundamentally .....well I rather stop here
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.