My heart says we go lower. But my calculator brain says, statistically, we are going to melt up to the tune of +4% over the next 5 days. Having said that, here is my short list of names that will participate in any melt-up.
TEX
MTW
ROSE
USG
BIDU
EXK
NXPI
First!
PPT says we go lower… just saying.
That’s odd. Are you a member?
Yes. Fundamentals say buy but technical says strong sell.
Oh, oh. System can not compute, we’re going to crash!
You can not spell cannot.
I think you are using the PPT wrong. You want to be buying when we are Tech OS or Hybrid OS. PPT is pretty good at calling short term OS. The stocks Fly mentioned have pretty good OS stats.
Hopeful sign — bullish piece on what the smart people think long-term, supported with facts.
http://www.reuters.com/article/2012/06/27/us-investment-risks-idUSBRE85Q0BQ20120627
Short-term, sadly ZeroHedge.
Generally speaking, if you find that you’re “hopeful” because some “smart people” agree with you…well, your days are numbered.
You’ll always be able to find some experts that agree with you. You’d be better off if you seek out folks who disagree, re-evaluate your thesis based on their thoughts, and then refine your convictions.
If you can’t, you may as well just accumulate shares of SPY until your dirt nap.
So now you are the elder statesmen of ibc?
lol..hey, I might be in the running for the “elder” part, but don’t threaten me with that “statesman” shit.
I like helping out the guys who seem to be trying, but don’t realize they’re lost.
That said, it’s unlikely I’ll start taking it easy on some of the arrogant morons that are trying to turn your site into a Monument To Their Genius. I expect that you’ll probably call me on it when I go overboard, or even to ban me if necessary. That’s ok. I’m used to my anger getting me in trouble.
If you’re not paying attention to @dukascopy_TV and @DukascopyFX, you’re missing the best parts of the rather comically developing market reality.
#Update.
Prerequisite
Call the market right for longer than 1 mo before giving “pearls of wisdom”
How about that, pal?
Pal…fucking funny!!!
gonna git me sum more EXK today
Try calling your wife “pal” sometime and tell us how that works out. Guaranteed not funny.
This little bounce we are getting seems fishy. EURUSD keeps slipping, Spain 10yr almost at 7% again. Gold and silver look fugly. Big banks are struggling. No real QE in sight. I could go on some more but what’s the point. Sure we could keep drifting up, but for how long?
FLY, I bought DDD at $14 and sold at $23
🙁
I’ve ben following it since 2010 before the split when it was called TDSC. I cannot believe this is happening!
Team EXK?