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Post by Cosmic on Jun 9, 2011 19:30:40 GMT -5
Hmmm... big up day, I figured any up days would be modest against the selling pressure. I still have to think the bulls are wrong here... this move down just doesn't feel like enough to get us too much higher. If you figure the last move to 1250 or so got us another 20 points on the topside of SPX 1354... then you have to believe that a much deeper move is in front of us if we're going to get over the current 1370 resistance.
So I'm going to say down, again, for a while, until DRN is dropping and it feels like it will never, ever, stop.
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Post by brosin on Jun 9, 2011 20:05:52 GMT -5
the week of doom wasn't nearly as doomy as i was expecting - fridays seem to be on the slow side most the time this year, but still feeling pretty doomy. a capitulation is coming - from there i expect us to bounce really strongly and make it seem like the bulls are still going to win... they won't, but it will look like it for a little while- just like the initial move off the Japanese crisis
bear
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sowolf
Broker/Dealer
Posts: 439
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Post by sowolf on Jun 9, 2011 20:07:13 GMT -5
I think we have another big down day comming. Not sure if it will hit tomorrow or Monday. Tomorrow might end up flat jsut to take a break.
BEAR vote for me though.
Good luck everyone,
sowolf-
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Post by sloop on Jun 9, 2011 20:13:46 GMT -5
I think we have a small Bull then a Bear at the close
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Post by demanuel2001 on Jun 9, 2011 20:15:57 GMT -5
Can I make it two in a row before I go to Vegas? Bull!
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Post by kbk3ck on Jun 9, 2011 20:34:51 GMT -5
Oh its a sure thing bear tomorrow!!!!!! NO DOUBT!!!!!
BULL!!!!!
;D
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Post by brosin on Jun 9, 2011 21:16:48 GMT -5
haha that got an laugh out of me joe
i really hope that one of these days, deadmoney comes out of the woodworks with a hilarious bull picture... those were always classic too
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Post by puurfectten on Jun 9, 2011 21:18:25 GMT -5
double bear tomorrow..one to wipe out todays backtest and one for the road...-300...  |
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Post by jack on Jun 9, 2011 21:18:54 GMT -5
haha that got an laugh out of me joe i really hope that one of these days, deadmoney comes out of the woodworks with a hilarious bull picture... those were always classic too I heard from him off-line and responded but haven't heard from him again...I hope he comes back someday. |
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Post by jack on Jun 9, 2011 21:23:58 GMT -5
haha that got an laugh out of me joe i really hope that one of these days, deadmoney comes out of the woodworks with a hilarious bull picture... those were always classic too How's this one Bros?  |
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Post by Clinton SPX on Jun 9, 2011 21:25:38 GMT -5
Im a bear, I think -70
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Post by Rich on Jun 9, 2011 21:26:30 GMT -5
You do the hokey-pokey and you turn yourself around. that's what it's all about.  I know I stole that from somebody here, but I just like the way it sounds  I kinda think they'll bull it a little here, could be wrong. bull |
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Post by brosin on Jun 9, 2011 21:41:19 GMT -5
LOL that's the one jack
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Post by novice08 on Jun 9, 2011 21:46:36 GMT -5
Lots of folks predicting big capitulation on June 13-14, then move up...No opinion for tomorrow in that case.  |
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Post by cosmic on Jun 10, 2011 9:03:25 GMT -5
I heard from him off-line and responded but haven't heard from him again...I hope he comes back someday. I fail to see, and fail to foresee, how the current strategy being employed is useful. Of all the ineffective mechanisms available in the modern digital domain, the Facebook-style 'Unfriend' treatment will be tagged in the annals of history as the Least Useful. Jack and I were emailing a few days back and he said to me, in essence - referring to some of the things going on in Fastopia these days - "Why be worried trying to fix something when you can't even truly know what's broken?" Jack is right. |
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Post by brosin on Jun 10, 2011 9:31:06 GMT -5
Personally - it is the market crushing people that drives people away IMO... the bickering plays a role, but it typically gets caused by one or more of the people arguing being on the wrong side of the market which causes increased animosity
I know it was some of the spats with me that drove DM away - but I don't think it that is nearly enough to keep someone away for good. Not everyone is going to agree, and at least for me I try to never get personal with people
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Post by jack on Jun 10, 2011 9:51:45 GMT -5
Personally - it is the market crushing people that drives people away IMO... the bickering plays a role, but it typically gets caused by one or more of the people arguing being on the wrong side of the market which causes increased animosity I know it was some of the spats with me that drove DM away - but I don't think it that is nearly enough to keep someone away for good. Not everyone is going to agree, and at least for me I try to never get personal with people Re: "...I try to never get personal with people." You like girls though, right Bros? Tell me that you like girls....not that there's anything wrong with...that....  |
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Post by brosin on Jun 10, 2011 10:06:36 GMT -5
LOL - right you are Jack, so I guess I try to get personal with people a lot then! ;D
just not on the internet ROFL
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