Gang, Mr. TopStep seem to think that 1349 is in the cards for next week. I don’t know of course, but anything is possible with madman Bernanke printing money like crazy. So, just use your head and don’t get too greedy. While we could crash on Monday, the odds are low. A profit from this selloff shouldn’t be given back from a rally on Mutual Fund Monday.
As Anna preaches… leave some shorts on for protection, but take profits when they are there. Personally, I think they are having a harder time controlling the price of oil, then the spx. So, I’d rather be long oil over the weekend, then short the manipulated spy.
you know there is only one thing that can answer that question of yours – and that’s TIME…..only time will tell…. grade me an “A” for HOPE though – we can hope this is the start!
Yes, this is a “toping pattern”… just like late April and early May. I’m not sure exactly where we are in comparison to that pattern, but these up and down wild swing days are a clear sign that the end is near.
lets all rub our “go fast” crystals, and get this market selling off!! i mean COME ON – me and WALTER ROTHSCHILD wants us a good ole fashioned 1930 type sell off!!
red,
the wild swings indicate to me ‘distribution’ – which is classic topping.
Gang, Mr. TopStep seem to think that 1349 is in the cards for next week. I don’t know of course, but anything is possible with madman Bernanke printing money like crazy. So, just use your head and don’t get too greedy. While we could crash on Monday, the odds are low. A profit from this selloff shouldn’t be given back from a rally on Mutual Fund Monday.
As Anna preaches… leave some shorts on for protection, but take profits when they are there. Personally, I think they are having a harder time controlling the price of oil, then the spx. So, I’d rather be long oil over the weekend, then short the manipulated spy.
bk,
you know there is only one thing that can answer that question of yours – and that’s TIME…..only time will tell…. grade me an “A” for HOPE though – we can hope this is the start!
Yes, this is a “toping pattern”… just like late April and early May. I’m not sure exactly where we are in comparison to that pattern, but these up and down wild swing days are a clear sign that the end is near.
so…. is this the start of something good ?
Mr. TopStep…
http://mrtopstep.com/2011/03/04/danny-riley-on-jobs-report-and-market-events-ahead/
Actually, I would really like to see a modern, 1987 type selloff.
Ah, the 80s…
they call me Ellie Mae lOL
it “IS” going slow – red!! isn’t it!!
lets all rub our “go fast” crystals, and get this market selling off!! i mean COME ON – me and WALTER ROTHSCHILD wants us a good ole fashioned 1930 type sell off!!
Nice sell off today, even though it is going very slow.