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”
Very creative and clever post Leo. +1 I agree with your thinking. I see you are a risk taker. Can't wait to see what you have posted tomorrow after the bell. Byeeeeeeeee!
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?
HI Red, Clear thinking for sure Just thinking also IT is possible, but impossible to confirm at this point in time, but the current high might ONLY BE wave A of P2, thus we get such a tremendous “B” wave downdraft the next 2weeks. Jay
I like to do my posts a little different then most do. I add a lot of emotional thinking with technicals to back it up. I don't post many charts, (as you can see), but instead try to put a “feel” on the market.
As we all know, the tech's haven't been real accurate since about March. Clear manipulation has thrown all TA's, Astrology, Elliottwave, etc… out of whack! Sometimes you have to go with your gut feeling.
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!
Very creative and clever post Leo. +1
I agree with your thinking. I see you are a risk taker. Can't wait to see what you have posted tomorrow after the bell.
Byeeeeeeeee!
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.
Still looking for the full 15% or 20% correction?
Thanks
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
HI Red,
Clear thinking for sure
Just thinking also
IT is possible, but impossible to confirm at this point in time, but the current high might ONLY BE wave A of P2, thus we get such a tremendous “B” wave downdraft the next 2weeks.
Jay
Thanks nbg…
I like to do my posts a little different then most do. I add a lot of emotional thinking with technicals to back it up. I don't post many charts, (as you can see), but instead try to put a “feel” on the market.
As we all know, the tech's haven't been real accurate since about March. Clear manipulation has thrown all TA's, Astrology, Elliottwave, etc… out of whack! Sometimes you have to go with your gut feeling.
Red