sell! sell! sell!

[desrat]

I can't believe I never noticed this thread before but I stay out of this room for good reason. Seems like I would fit in here with my thoughts, I usually lurk in the Financial Room though. May have to do some serious back reading on this thread!

If TD gives you any more trouble Tiz try the backdoor in. izoneDOTcom
I was able to get in this morning this way, but it was still a bit laggy. Apparently this was a company they bought in the past and still use the servers in an emergency.

 

[tiznow]

well folks now that i'm back in td ameritrade and looking over some charts

the proshares ultrashort stuff hanging longggg black candles signalling top to me

think i'll wait it out and hope for a bounce in the markets

again i'm a horrible short term indicator maybe i'm right this time

 

[MIMS]

Please allow me to reply by posting that I read your post, but Im still waiting for an answer.

What the fuck does it matter? I'm not doing this again. If I say something, then you will completely change your position like you just did before when you insulted me about the scope of the DJIA and S&P. Then, instead, you just completely changed topics and addressed a different point. We were having a conversation, but I would rather not get completely involved in a discussion with someone who obviously has trouble reading.

 

[tiznow]

HAHAHAHHAHAHAHAHAHAHAHAHAHAHAHA

I AM LAUGHING SO HARD RIGHT NOW WOW WE ARE SCROOMED

so on top of the 75 bp cut today markets are now pricing in a further 25 bp cut and maybe even 50 bp cut jan 30th

pure comedy

---------------------------------------------------------

More rate cuts to come?
Tuesday January 22, 11:49 am ET
By Paul R. La Monica, CNNMoney.com editor at large

Even though the Federal Reserve slashed its key federal funds rate by three-quarters of a percentage point in an emergency meeting Tuesday, Wall Street is still betting that the central bank will lower rates again at the conclusion of its next regularly scheduled meeting next week.

The Fed will hold a two-day meeting that wraps up on January 30. And according to futures listed on the Chicago Board of Trade, investors are pricing in a 100 percent chance of at least a quarter-point cut, to 3.25 percent, and a 66 percent likelihood of a half-point cut, to 3 percent.

 

[Dawoofdaddy]

Ok mims...you are correct, we are both wasting our time discussing whether or not the dow jones can fall to 7k.

Thanks for adding your expertise to this thread.

%^_

 

[cussin'it]

3.0 works for me!

 

[tiznow]

well ron paul can sure get his rant on now!! and has a ton of ammo to work with after today

that's for sure

jan 24th debate should be a blast

also the politco/cnn debate on the 30th fed meeting day, post bush state of the union address on 28th

--------------------------------------------------

fed better be praying markets hold onto the 200 WMAs today and don't blast through um

 

[tiznow]

markets preparing for a big move one way of the other

really don't see why they'd give scared longs that are awaiting higher prices an avenue to get out by bouncing here but we shall see

looks to me like 11900 the line in the sand as far as the downside goes

 

[tiznow]

3 billion already on nyse volume wowzers

big move coming by days end i think major digestion going on

will markets go green or will carnage ensue place yo bets now

 

[Dawoofdaddy]

Dow and s/p are going to make a solid run at getting into green tiz.

bidu up for the day now.

 

[tiznow]

well i think we either are crashing soon, or major bear shake

i just pulled some qid off the table

so watch out for crash

still quite short but lightened up even more now hoping to hop back in at better prices

 

[tiznow]

all the charts are screaming near term bottom here...with the big reversal on huge volume after a huge swoon down

so that makes me think bears are scared as hell of a huge bounce (like me) and scared bulls that now see the light praying for a bounce

something in my just thinking bounce here is too obvious and we going the other direction but we shall see

 

[joelatti]

all the charts are screaming near term bottom here...with the big reversal on huge volume after a huge swoon down

so that makes me think bears are scared as hell of a huge bounce (like me) and scared bulls that now see the light praying for a bounce

something in my just thinking bounce here is too obvious and we going the other direction but we shall see

TIZ....Do you always talk out of both sides of your mouth......I think the giants will win the SB, but the pats may also win....LOL

 

[MIMS]

well i think we either are crashing soon, or major bear shake

i just pulled some qid off the table

so watch out for crash

still quite short but lightened up even more now hoping to hop back in at better prices

We aren't crashing today, or anytime in the immediate future. Depends on what you mean by crash, but it's not happening right now

 

[cussin'it]

Naw, I think Citi and BankOAmero have got the reprieve they needed. Good sized bounce is in order. Wanna bet avatars Tiz?

(course it'll be a month from now for me, lol)

 

[tiznow]

TIZ....Do you always talk out of both sides of your mouth......I think the giants will win the SB, but the pats may also win....LOL

dude i'm just posting my thoughts and have some fun

i covered a little more of my short postions today hoping to get back in at better prices

so i guess that would be that my call near term (that we have a dead cat bounce)

even though i'm still quite short not as much as i was 3 days ago (if we crash i will make out good but not as good as i would have if i stood my ground on the short side)

just trying trade the swings a bit

we going lower long term regardless of this day to day noise from both me and the markets

 

[Dawoofdaddy]

TIZ....Do you always talk out of both sides of your mouth......I think the giants will win the SB, but the pats may also win....LOL

 

[tiznow]

ok well i think i'm done posting my near term volitile thoughts as that seems to be confusing people

just trying to have a little fun that's all

enjoy the bear ride into the abyss long term

peace out

also when your hedged that allows you to talk outta both sides of your mouth

bottom line only way i'm scroomed is if markets ramp to 16k or something and this just turns out to be nasty correction and print mania gets us back on our feet

 

[MIMS]

ok well i think i'm done posting my near term volitile thoughts as that seems to be confusing people

just trying to have a little fun that's all

enjoy the bear ride into the abyss long term

peace out

The thing is, most people agree that a significant bear market and downturn is coming, but to try to pick the exact moment that a crash is going to happen is ridiculous

 

[tiznow]

The thing is, most people agree that a significant bear market and downturn is coming, but to try to pick the exact moment that a crash is going to happen is ridiculous

well when the fed cuts 75 bp and the markets don't respond to it and keep falling

panic usually ensues

plus historically crashes occur from near term oversold positions as everybody bulls and bears alike are expecting a bounce (me included)

obviously chances are slim as it is a very rare event

but higher probability right now than most of the time