It immediately caught my attention because I try to play those bounces but in the scenario about to unfold I agree with Atilla. Just be short and stay short. He also says the bottom will be even obvious to a 5th grader.
Update on Atilla's site : The market is entering in a stage that will not only wipe out bulls (if it already didnt) but it will also hurt bears, especially those nimble ones, day traders and etc because we are entering in a waterfall and whatever you do before we hit absolute bottom will hurt you. The best thing is to stay out or stay short while utilizing some sort of position sizing.
I don't know who is responsible for it blowing up, but I do believe Goldman Sachs profited from it, by shorting it the day before it happened. That tells me that it was planned in advance. By who is unknown? The bad guys would an accurate answer.
Were is Waldo?
LOL…
I don't do the “Blue Pill”… I'm not brainwashed anymore.
How about “Where is Spock?”
Well that post managed to offend just about everyone. Wonder why you have lost so many good posters? Maybe they were all Zionists?
The all powerful group that could not save 6 million of their brethren.
Time to visit Mr. Freud and get another blue pill!
It immediately caught my attention because I try to play those bounces but in the scenario about to unfold I agree with Atilla. Just be short and stay short. He also says the bottom will be even obvious to a 5th grader.
Smart advise Newbear. I'm staying short, and just waiting for this bear flag to form and play out tomorrow or later today.
Update on Atilla's site : The market is entering in a stage that will not only wipe out bulls (if it already didnt) but it will also hurt bears, especially those nimble ones, day traders and etc because we are entering in a waterfall and whatever you do before we hit absolute bottom will hurt you. The best thing is to stay out or stay short while utilizing some sort of position sizing.
So don't get cute and try to play the bounces.
Friday selling was the greatest in many years. i have to think people are selling into this as they can.
Jim and SC,
I don't know who is responsible for it blowing up, but I do believe Goldman Sachs profited from it, by shorting it the day before it happened. That tells me that it was planned in advance. By who is unknown? The bad guys would an accurate answer.
Don't pretend to understand everything he says, but he's normally pretty accurate. He day trades ES. His latest…
“VPOC shift up. Might see an acceleration upwards from here with target of 1073.25 and 1080.50 as tweeted earlier”
http://twitter.com/futurestrader71
By the way its not Blackwater anymore and has not been blackwater for some time.
seems the bears are running out of time. But then again, a watched pot never boils.