Posted by marketguy on 12th of Sep 2010 at 07:56 pm
are you freaking serious? as I post 10-20 charts per day,
please feel free to point out a couple that are "not" a legitimate
reason for bulls to be concerned where the market is currently
pricing....this is similar to summer of 2007 BTW....
as I mentioned "weeks" ago (if you were paying attention, which
obviously you must not have been) I had the potential for the
mkt moving up to 1250 based on the inverse H&S pattern
that everyone seems to be talking about right now, thus I do not
see that happening anymore....maybe 1140 but that should be
it.....
Posted by marketguy on 12th of Sep 2010 at 08:06 pm
never said I was betting the farm did I (I'm only human and even
though I can see higher I still don't like being short term
wrong)? If you've been reading my posts my main targets have
been 1116-1118 then 1130 then 1140....I'll average up to that
point and then above 1150 will most likely bail....I've only
been using 1-2X leveraged etfs and just Friday started with some 3X
and options (though over 1120 and those will go bye bye and will
re-look at 1130 again)...
marketguy
Posted by vdonato on 12th of Sep 2010 at 07:41 pm
By the looks of your posts, not only are you prob holding short, it looks like your wishing for ANYTHING to bring this market down...
are you freaking serious? as
Posted by marketguy on 12th of Sep 2010 at 07:56 pm
are you freaking serious? as I post 10-20 charts per day, please feel free to point out a couple that are "not" a legitimate reason for bulls to be concerned where the market is currently pricing....this is similar to summer of 2007 BTW....
as I mentioned "weeks" ago (if you were paying attention, which obviously you must not have been) I had the potential for the mkt moving up to 1250 based on the inverse H&S pattern that everyone seems to be talking about right now, thus I do not see that happening anymore....maybe 1140 but that should be it.....
keep drinking the kool aid vdonato.....
well, why would you short into it then if you had that as a scenario, not to good risk management I would say, but you keep shorting and wishing the market down, it's your account..
Posted by vdonato on 12th of Sep 2010 at 08:00 pm
never said I was betting
Posted by marketguy on 12th of Sep 2010 at 08:06 pm
never said I was betting the farm did I (I'm only human and even though I can see higher I still don't like being short term wrong)? If you've been reading my posts my main targets have been 1116-1118 then 1130 then 1140....I'll average up to that point and then above 1150 will most likely bail....I've only been using 1-2X leveraged etfs and just Friday started with some 3X and options (though over 1120 and those will go bye bye and will re-look at 1130 again)...
LOL
Posted by vdonato on 12th of Sep 2010 at 07:58 pm