volume is big so far. financial is weak - full of smart shorters. Obama's plan still works since material and energy are holding the line. Very interesting day.
-ican(apple);
2008-12-9(#61862@43)
with this kind of volume, today will be the decision day!
-ican(apple);
2008-12-9(#61863@43)
We call it reversal day.
-it.uncle(小路);
2008-12-9(#61871@43)
Yes. Bears are piling up. Get ready for the fight. The Bulls may have a final run in the after noon. So just wait till SPY near 94 range. Save you bullets for a while. Then fire !!!!!!!!!
-it.uncle(小路);
2008-12-9(#61875@43)
I shot my first bear bullet. Will take a profit before 2:00PM if Bulls come back.
-it.uncle(小路);
2008-12-9(#61882@43)
I took profit and run. Will wait at higher position.
-it.uncle(小路);
2008-12-9(#61886@43)
DOW looks like head & shoulder for 2 day chart?
-littlechuan(QuestradeReferral);
2008-12-9(#61888@43)
No. It looks like double or triple tops. But the problem is the Bulls are very smart. They can build a trap for bears. So just follow the volumn. No volumn, nothing is going to happen. Let the big bears and bulls fight to death, then we pick up meat.
-it.uncle(小路);
2008-12-9(#61892@43)
Today's volumn is extremely low so far( DOW887000 000).It looks like Bulls are waiting for Bear's attack. So wait till volumn gets bigger.
-it.uncle(小路);
2008-12-9(#61889@43)
I am thinking Jim Cramer is behind the Bulls. He knows the trick so he reserves his strength and he will hit bears hard. I will wait at least till 3:00PM.
-it.uncle(小路);
2008-12-9(#61891@43)
He told his viewers sell last night.
-moneygrubber(Angler);
2008-12-9(#61895@43)
oh? Anyway, if there is no big volumn, that means the fight has not started yet. I will save my bullets now. A reversal day should have a decent volumn. Right now, half day ,we do not see half volumn( only 1/3 so far)
-it.uncle(小路);
2008-12-9(#61896@43)
Bulls are coming back now. I will be away for few hours, heiheihei.
-it.uncle(小路);
2008-12-9(#61894@43)
probably up today
-overallbalance(Investor);
2008-12-9(#61910@43)
Updates: Early Bears will take the position at 93$ when the Bulls run the second leg.
-it.uncle(小路);
2008-12-9(#61913@43)