The bulls time is coming… that's for sure! We are so close to a top it's scary. Futures are up more as I write this, but that all could change when JPM announces earnings in about an hour.
It's a mine field the bulls are walking through right now. Let's hope the step on one and blow off a leg… or two!
This is a tough market to call Jay. So much manipulation that it seems that all TA's, Elliottwave, Astro, etc… are about worthless. The market only go one way… UP!
Tomorrow, if 10 million people were killed with a nuke, the market would rally… less people to be un-employed, therefore it's positive. Has the world gone insane or what?
I came across some information that tutes are selling into these rallies, and I had already agreed to that. It was nice to see more validation of topping at least short term.
Meredith Whitney also downgraded Goldman today too. Things may be changing?
It's all up to the earnings over the next few days. It's the bottom the ninth, 2 outs and the banks are up to bat. Can you say “swing batter batter…swing”
The bulls time is coming… that's for sure! We are so close to a top it's scary. Futures are up more as I write this, but that all could change when JPM announces earnings in about an hour.
It's a mine field the bulls are walking through right now. Let's hope the step on one and blow off a leg… or two!
It's fun playing with Photoshop. I may not make any correct forecasts, but at least my blog images look cool.
Hey Good looking… do you have my Pittsburgh Steelers as Bulls?
I will smack you when I see you! 😉 I do love you writes up my friend.
This is a tough market to call Jay. So much manipulation that it seems that all TA's, Elliottwave, Astro, etc… are about worthless. The market only go one way… UP!
Tomorrow, if 10 million people were killed with a nuke, the market would rally… less people to be un-employed, therefore it's positive. Has the world gone insane or what?
Red
I like your Warrior Trader thinking, and my puts are siding with your idea that it is time to punish the bulls, scare them at least!
I came across some information that tutes are selling into these rallies, and I had already agreed to that. It was nice to see more validation of topping at least short term.
Keep it up RED – You the man with the plan!!
It's fun playing with Photoshop. I may not make any correct forecasts, but at least my blog images look cool.
The guys over at Mr. TopStep are selling rallies, instead of buying dips (http://www.youtube.com/watch?v=DGMPEbVY3pE).
Meredith Whitney also downgraded Goldman today too. Things may be changing?
It's all up to the earnings over the next few days. It's the bottom the ninth, 2 outs and the banks are up to bat. Can you say “swing batter batter…swing”
Red
After the selling starts, it should the 995-1000 area before a decent bounce. But, yes 15-20% is in the cards.
I have no idea… I'd like to see what I post too! LOL!