There is likely to be wild gyrations in the market today, and intervention in either the equity or Forex markets or both is highly probable. Therefore, throw your indicators, trend lines, support/resistance out the window. If things really start to get bad, none of that will matter. Just as soon as you get your shorts on, Bernanke is going to throw you a knuckle ball. And no, you can’t hit a knuckle ball.
There is a lot of fear, uncertainty, and doubt right now, and it is not likely to get worked out in one trading day.
This shit is surreal!
As I said on my reference to the Globe and Mail post – there is an active warning out against the short callers.
We’ve been warned.
hey boys… I’ve been away since ’29… I’m back!
them boys are back in town
we’ll bottom this week for a 10-15% rally off the lows
Agreement here, i’m torn as to if/when there’s going to be currency intervention. Cashed out of a good deal of my put positions and am pretty much just playing with the stocks themselves now, just so I can get out quicker if need be.
You’re the laziest chart chomper on the web, barnone.
Sorry Fly. Finishing up a major months long project tonight. Charts and stuff to resume better than ever, this week.
I’ll believe that garbage when I see it.
Lay off of woodshedder, pricks. He’s probably the only one around here earning an honest living.
woodshedder, are you comin out of hibernation yet?
post something we miss you!
Wakeup, I finished my big huge ass kickin project this afternoon…
I’ll get a post up this evening, charts and all, and things will get back on track.
Wood, outta curiosity, what was your project about?
Jake, an internship requirement for a 2nd master’s degree.
Oh, and ya’ll watch yer mouths, or I’ll have M sue you.
Word.
You mean like a first year bidness school project?
Lord, I still have nightmares about mine.
Jake, could I go back 10-12 years and embark upon a different path, then yes, it would be bidness.
Since I can’t I’m left to build on what I’ve already developed. Thus, its in Public Administration