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Everything Is Getting Killed!!!!!

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  • #31
    Re: Everything Is Getting Killed!!!!!

    I love trading this market!!!

    That said, I warn you all: the CLOSE was PURE BS. I was long from around noon to 3pm, but the close was utter nonsense. Watch out.

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    • #32
      Re: Everything Is Getting Killed!!!!!

      Can you clarify please phirang?

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      • #33
        Re: Everything Is Getting Killed!!!!!

        look what happened after 2 pm on Friday



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        • #34
          Re: Everything Is Getting Killed!!!!!

          Originally posted by babbittd View Post
          look what happened after 2 pm on Friday




          What trader wants to keep their short positions open over the weekend? Some people are simply taking their chips off the table.

          If you guys believed in EJ you wouldn't even look at the markets or your worry about your short positions until the DOW hits somewhere around 8k this year.

          But then again, you would have to truly believe in EJ and not the markets, however exuberantly irrational they may be. Speaking of irrational, GS just came out with their forecast of $90 for 2011 S&P earnings.

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          • #35
            Re: Everything Is Getting Killed!!!!!

            Originally posted by babbittd View Post
            look what happened after 2 pm on Friday
            babbittd -- thank you, but check out the tader's corner, gold thread - we were discussing this yesterday right after the close. i was just curious to hear phirang's interpretation of the reversal (or whiplash as finster likes to call it).

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