nikoschopen
2,824 posts
msg #60930
- Ignore nikoschopen |
4/1/2008 10:27:18 AM
Not so fast, guys! This is the first day of the quarter, let alone the size of the shoe they dropped for some reason wasn't very appealing.
Anyway, I'm short S&P 1345 (cash).
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maxreturn
745 posts
msg #60932
- Ignore maxreturn |
4/1/2008 10:45:54 AM
Dunno Niko. While my gut tells me there has to be an intraday reversal sometime soon, the SPY looks pretty strong with no real strong overhead resistance until 135.81.
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nikoschopen
2,824 posts
msg #60937
- Ignore nikoschopen |
4/1/2008 12:01:13 PM
Ure prolly right. I got stopped out with my bare ass exposed on that last trade. Before I bite the dust again, I think I'll chummy up to fellow bulls for now.
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maxreturn
745 posts
msg #60938
- Ignore maxreturn |
4/1/2008 12:10:16 PM
Niko. You're probably already aware of this but I just like to take a peek at all of the industries on the home page to see just how broad based a rally is. The far left hand column has been showing green for most industries since early on. Many up 2% or more on the day.
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nikoschopen
2,824 posts
msg #60943
- Ignore nikoschopen |
4/1/2008 1:45:32 PM
Well, I've just went short at 1360. Wish me luck!
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nikoschopen
2,824 posts
msg #60944
- Ignore nikoschopen |
4/1/2008 2:23:57 PM
Should there be another retching to the upside caused in part by the johnnie-come-latelies, my source tells me the S&P should close near 1375. Scary thought indeed.
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nikoschopen
2,824 posts
msg #60945
- Ignore nikoschopen |
4/1/2008 3:20:46 PM
I see a double-top forming on the 5-min chart. There could possibly be a reversal here, however small it may be.
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nikoschopen
2,824 posts
msg #61044
- Ignore nikoschopen |
4/3/2008 3:23:14 PM
Most of the rallies that took place just before the Dow shot up to 14,000 was largely driven by mass hysteria. Why do I get the same uneasy feeling now?
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chetron
2,817 posts
msg #61056
- Ignore chetron |
4/3/2008 9:07:01 PM
maxreturn
- Ignore maxreturn 4/1/2008 12:10:16 PM
Niko. You're probably already aware of this but I just like to take a peek at all of the industries on the home page to see just how broad based a rally is. The far left hand column has been showing green for most industries since early on. Many up 2% or more on the day.
*************************************************************8
that is a nice feature.
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karennma
8,057 posts
msg #61174
- Ignore karennma |
4/7/2008 9:23:46 AM
nikoschopen 4/3/2008 3:23:14 PM
Most of the rallies that took place just before the Dow shot up to 14,000 was largely driven by mass hysteria. Why do I get the same uneasy feeling now?
=========================================================
Looks like DOW will have another 200+ day today.
Talkingheads on CNBC .. "we've seen the bottom!" ...
LOL! Bottom my @$$!!
This reminds me of 2007 ... things get worse, and market keeps going up.
Definition of a Bull Trap:
A false signal indicating that a decling trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.
I'm gonna short this BS bigtime!!
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