iBankCoin
Joined Jul 30, 2008
2,107 Blog Posts

Bulls trapped again. Wazzzzup.

On the day trade, this was a clear bull trap.  I guess Fly said it best… “market rallying on nothing.”

 

I took the window here…

 

 

So, the important question is… what happens Monday?

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9 comments

  1. Celtics Fan

    DOWN 1000 pts.

    Why the fuck not?

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  2. Gio

    Atlanta will have their revenge.

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  3. scum bucket

    So, the important question is… what happens Monday?

    GE goes to $2, which is $2 more than it is worth.

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  4. pie eater

    Gio,

    “the dip that had to be bought” The bounce that had to be played. Did you see it? I must have missed it.

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  5. Gio

    Yeah… i called the reversal to the upside about 30 points away. Check the charts i posted in the comments section today… http://ibankcoin.com/gioblog/?p=2298#comments … “8514 was the place your bet point” right around 12:20.

    … i sold my inverse ETFs there.

    Then I shorted the market again when Dow was at +50. Look at my charts on this post above.

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  6. rally_monkey

    Market rallies on Monday. This is not a bull trap at all. We were too low, and now we snap back. Tuesday afternoon or Wednesday morning will be time to short again.

    We will be up 500 on the Dow Monday. Book it baby!

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  7. Goldie

    Don’t let me down mister rally monkey

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  8. zee-

    5 million more foreclosures coming or whatever—
    It takes $125 billion to save those loans–and end the bear market—
    Congress wants you to eat sh^5 and DIE—
    The Prez–too!!!
    All the pundits work for the propaganda machine—
    They want you to suffer and worry—as they stuff that $700 billion into their own pockets and not yours—

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  9. zee-

    on FRI , today, 20 minutes before QQQQ reached 30.42 I posted at beannies that QQQQ will reach 30.38 where at that point the market will collapse__
    I finally read my effing daytrade chart right—-YAY
    If you are looking for my daytrading charts, I don’t post those charts in the public forums–
    I’m trying to set up a new members only site, and I’ll post that stuf*5 there.

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