Nevermind your charts for the moment. We are going to calibrate the precise bottom of this trading range to the exact tick. This is what The PPT was built for, identifying ranges and it has timed the bottom, over the last 12 months, with 90% accuracy. Over the history of The PPT (2008), the algorithms have timed the exact bottom, give or take 1-5 trading days, 73% of the time.
The first mistake you’re gonna make is believing these choppy waters are shallow. They may or may not be shallow. Or, perhaps this is the beginning of something significant, something extraordinarily deep. When buying bottoms, never go all in. Moderate yourselves, knowing it’s more of a process than an event.
I will have many more names on my shopping list by this evening. You should be looking for names that would’ve ripped today, like AMBA and HOV, had it not been for such a devilish tape.
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Bot more HOV.
summer time and the living is easy
MU looking really strong
sold it today
$TSLA, Musk & his co-workers will be able to unload 61.9M shares of $SCTY on June 11th
ouch…. in case you want to know what that looks like…. $FB in may
Also take a look at $YELP. I sold into the fear and it was probably one of my worst trades of last year.
Probably why it has already pulled back 25%?
$TSLA is showing cracks. I would play this very close to the chest. if you win don’t tell anyone and if you lose… same.
Help me out. Do you suggest buying the correction in JNK and PFF?
there was a steep sell off last friday at the very end of the trading session.
what the hell said everyone.
that is the market trying to stealth the move down. That is a very big tell…I would look for down side for the foreseeable future.
it really that simple.
me Chinese. me play joke. me go pee pee in your coke.
Hey partner,
you got to wait till correction is ovah…. and even that rates are going up regardless of Ben’s wish… these are bad when rates are going up…
I suggest you pay attention to PPLT – the king of PMs here, what what do I know 🙁
So you are saying PMs are good to go for now?
Not saying that.
Ppppp….
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Men
in DRV since the break (in Reits)
Can’t believe theyve kept Europe up so well. That would be the third rail Japan, Reits, italy/spain yields
DRV, EPV, UVXY, QID, SDOW See how far this thing goes (for now)
There’s a spelling error in your headline. Should be “Stand Bye”.
How’s that Obama fascism going for Comrade Ott?
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The only real question is by how much will it be corrected.
Here is some heartwarming bedtime reading fo y’all.
http://www.marketwatch.com/story/doomsday-poll-87-risk-of-stock-crash-by-year-end-2013-06-05
These waters are deep, my Son!
“I looked, and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him. They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.”