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Call her Wed evening
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strippersnbens | 51 |
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trying to get you with the hook...leaning Seattle here, GB is awful on the road.
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Envy123 | 8 |
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the guy had 14 assists moron
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CheezeStack | 38 |
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possibly a range wallstreet, we will definitely see volume and volatility pick up in the coming weeks. there should be conviction one way or the other. The death cross and possible head and shoulders confirmation would make it highly probable for downside. But, don't fight the fed right? IS QE2 right around the corner?
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sasquatches1 | 59 |
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Not sure about exact timing, if we break 1040 S&P, we're heading to 900.
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sasquatches1 | 59 |
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Technicals bad, fundamentals bad, uncertainty rampant, going to be a volatile fall...pun intended
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sasquatches1 | 59 |
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Looks like I was right with the 1200-1250 call...and a hell of a ride down it was.
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sasquatches1 | 59 |
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Beautiful...phasing out of remaining longs and adding to "long" short positions.
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sasquatches1 | 59 |
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Quote Originally Posted by sasquatches1:
I think most folks in the financial world would agree that 1200 range S&P is the target. Don't get in the business of calling tops (or bottoms for that matter). Don't be fooled either...this will be a W shaped recovery IMO at the least, and it's going to take a long time to recover. Gettin closer folks...1200 is nigh. 1200-1250 range the ultimate destination. |
sasquatches1 | 59 |
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Quote Originally Posted by tigers56: S&P hit my target Friday with an intraday high of 1112. I expect the selling to resume next week. Wave three dead ahead. I agree, we're back into resistance territory. 1120 S&P, 10500 DOW, I doubt we break.
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tigers56 | 46 |
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I'll jump in too...what the heck?
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freamer3 | 13 |
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S&P 1040 should provide support...200 day MA.
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tigers56 | 46 |
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tigers56, sounds like we have a similar portfolio (minus the FAZ for me)...in SKF.
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tigers56 | 46 |
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Bullish sentiment has been extremely high as of late (>80%), it means go the other way...which is what happened. Also, the volume on this entire ride upwards was WEAK...look at the volume on the sell side this week. Some major folks were dumping. SPY broke trendline and 50 day MA.
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sasquatches1 | 59 |
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Getting closer...
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sasquatches1 | 59 |
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gamble04, i am suggesting to phase in to short positions now, at least that's how i typically do it. you can't time the market, so who knows if it will even hit 1200, especially if everyone is thinking it will. kind of like folks who said don't buy back in March. tigers56, love the calls earlier this year. hated that they took DXO out, although I made some good money on it. Love the gold and silver plays. I haven't been able to trade too much this year, mostly due to being overwhelmed with work, but I do love to trade as long as I can monitor, unfortunately I haven't had the time this year. Mostly holding and phasing out of long positions into cash with the unbelievable run, and now accumulating short holdings. |
sasquatches1 | 59 |
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I think most folks in the financial world would agree that 1200 range S&P is the target. Don't get in the business of calling tops (or bottoms for that matter). Don't be fooled either...this will be a W shaped recovery IMO at the least, and it's going to take a long time to recover.
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sasquatches1 | 59 |
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Hope everyone enjoyed the ride, I sat out for the last 10% or so...this country is in deep poo. Depression part deux. GL.
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sasquatches1 | 59 |
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tigers56 I believe had a nice basket of picks. metals/commodities
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wallstreetcappers | 48 |
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![]() Nice call.
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jimmydafreak | 130 |
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