Yeah, we know the bears aren't gonna roll over so a big down move will comeFriscoKid said:
Pretty uninspired rally.
Yeah, we know the bears aren't gonna roll over so a big down move will comeFriscoKid said:
Pretty uninspired rally.
FriscoKid said:
I don't like it when everyone and their dog is bearish. Same think with everyone being bullish. The market doesn't give up easy money like that. They rob retail blind and move in the opposite direction.
i agreeleoj said:
It's ironic that trump complaining all the time about it probably lessened the chances of no hike. The Fed isn't going to want to look like it gave into political pressure
Around 50% bears and 20% Bulls .... But these things can go even higher/lower and turn on a dime. Usually a sign for a short term rally ... The biggest issue is the media was talking about this the other day as being bullish and that tells me to many people looking at it at this time and that the bear percentage need to go up more.cr said:FriscoKid said:
I don't like it when everyone and their dog is bearish. Same think with everyone being bullish. The market doesn't give up easy money like that. They rob retail blind and move in the opposite direction.
That's a good philosophy.
what chart is that Frisco?FriscoKid said:
Looks like we have the ceiling. Big guys aren't buying above this level. Look at the circled candles from yesterday. Wholesale was setting the price there. The rally died at that level twice today. I think there is a good chance that we sell off from this level today.
10 minute candles on the S&P showing yesterday and today.pacecar02 said:what chart is that Frisco?FriscoKid said:
Looks like we have the ceiling. Big guys aren't buying above this level. Look at the circled candles from yesterday. Wholesale was setting the price there. The rally died at that level twice today. I think there is a good chance that we sell off from this level today.
Yeah, the way it closed it just looked like the makers wanted it green for the day. That rally 15 minutes out was just funny and then it just faded at the bell.SoupNazi2001 said:
Futures have given it all up after the close, back to year low.
Micron is going to be the value buy of the next decade. If it gets down to under 3x earnings with the balance sheet they will have in a few quarters.....man I don't know what to say.FaceMask said:
MU getting hammered.
dlp3719 said:
I'm new to this thread but really enjoy reading the technical analysis. Some really interesting stuff in here.
I am long $500k VXX since Friday afternoon. Stops in above entry. Should make it to the Fed meeting tomorrow. Could get my face ripped off or could win big. Here's to a gap down!
Their biggest buy going into this year was SFIX. It came off highs and ranged all year before getting hammered in the latest selloff. It reached my target and its now my 3rd largest recent buy.Jizzle89 said:
Is anyone here subscribed to or check out "The Motley Fool" for stock suggestions, basic investment info etc??
I'm very new to the game, but have enjoyed their podcasts so far. Just seeing if anyone else is a fan or if there are things I should know about them to avoid!