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Old 02-24-2016, 09:16 AM   #101
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I think bear mode is back, next stop S&P 1,680.
You can all buy now, since I am the ultimate contrary indicator.
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More Worried About Markets Now Than Any Time Since 2009
Old 02-24-2016, 09:21 AM   #102
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More Worried About Markets Now Than Any Time Since 2009

I'm been nibbling slowly since I sold out at a high and buying back at a discount. I just take the emotion out. Buy a little bit everyday regardless. When it hit a new low I might go big.


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Old 02-24-2016, 09:36 AM   #103
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I'm playing the bands... up and down with my "vegas money" and leaving the rest where it is.. took the cash I needed in Jan for the year, so now its just play to see if I can upgrade my vacations. its easy to make a couple hundred a day with little risk with these swings...but not productive for non-day traders.
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Old 02-24-2016, 01:56 PM   #104
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I think bear mode is back, next stop S&P 1,680.
You can all buy now, since I am the ultimate contrary indicator.
Yep.... your post started a rally from 1891 this morning to 1920 now. Good job!
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Old 02-24-2016, 02:16 PM   #105
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Yep.... your post started a rally from 1891 this morning to 1920 now. Good job!
I saved the market again! Good thing I'm not a day trader.
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Old 02-24-2016, 04:50 PM   #106
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I saved the market again! Good thing I'm not a day trader.
Jim, could you get a little more gloomy about the market?
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Old 02-24-2016, 04:58 PM   #107
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Jim, could you get a little more gloomy about the market?
+1000 the index increased 2% in the ~6 hours after his post.

He makes W2R look like a piker. Actually, now that I think of it, her specialty is calling tops, not bottoms.
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Old 02-24-2016, 05:34 PM   #108
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With all this jubilation, there's a good chance the market will resume its slide tomorrow.

How good a chance? I'll say, around 50%.
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Old 02-24-2016, 05:40 PM   #109
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With all this jubilation, there's a good chance the market will resume its slide tomorrow.

How good a chance? I'll say, around 50%.
Wow, you are really going out on the limb with that call!
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Old 02-24-2016, 05:44 PM   #110
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With all this jubilation, there's a good chance the market will resume its slide tomorrow.

How good a chance? I'll say, around 50%.
I totally disagree. I think there is a 50% chance it rallies, based upon today's momentum.
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Old 02-24-2016, 05:55 PM   #111
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I totally disagree. I think there is a 50% chance it rallies, based upon today's momentum.
Between you, you guys may be on to something!
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Old 02-25-2016, 05:50 PM   #112
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Today, his 50% chance beats my 50%.

Last night, I checked and saw that the Chinese market went down 6%, and thought that today would be bad for the US too.

But the Dow proceeded to climb another 1.3%. I'll take that, but still say that there's a 50% chance the market drops tomorrow.

PS. After much reflection, I am willing to go up to 53.21% that the market will go down tomorrow.
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Old 02-25-2016, 06:14 PM   #113
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The market shrugged off China, oil moving down in the morning. Looks like it wants to go higher. You can all panic, I am getting bullish!
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Old 02-25-2016, 06:18 PM   #114
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Today, his 50% chance beats my 50%.

Last night, I checked and saw that the Chinese market went down 6%, and thought that today would be bad for the US too.

But the Dow proceeded to climb another 1.3%. I'll take that, but still say that there's a 50% chance the market drops tomorrow.

PS. After much reflection, I am willing to go up to 53.21% that the market will go down tomorrow.
I'm glad we now have a more accurate forecast service. All is well - but I'm sure with all the engineers at this forum we can do better than 2 digits after the decimal point forecast?
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Old 02-25-2016, 07:01 PM   #115
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the market shrugged off china, oil moving down in the morning. Looks like it wants to go higher. You can all panic, i am getting bullish!
run away!!!!!!
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Old 02-25-2016, 07:19 PM   #116
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I'm glad we now have a more accurate forecast service. All is well - but I'm sure with all the engineers at this forum we can do better than 2 digits after the decimal point forecast?
Gah! I almost went blind, squinting hard to read off that last digit and still cannot please everybody.

That's it! I will not be giving out my free calculations anymore.

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Old 03-03-2016, 07:24 PM   #117
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I hope you are right, I just started shorting the S&P late Friday.
How's that working out for you?
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Old 03-03-2016, 10:16 PM   #118
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I've been away this week in the Atacama desert, no phones,no internet. Got back this evening and have not had a chance to look at the position, but if I had to guess it is probably down 10-12 percent. Bear market rallies can be brutal.
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Old 03-04-2016, 08:22 AM   #119
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Had a chance to look this morning and my S&P short is off 14% as of yesterdays close!
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