nikoschopen
2,824 posts
msg #53455
- Ignore nikoschopen |
7/25/2007 11:15:55 AM
Reversed yet again, thank you very much.
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nikoschopen
2,824 posts
msg #53456
- Ignore nikoschopen |
7/25/2007 11:22:22 AM
Haha, sorry but no relation to Mary in any way, shape, or form. Plus, I have no pretension of taking in students and teach them some far-fetched hieroglyphs. Ring me up, however, if you're serious about learning how to day trade. :)
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msummer2007
129 posts
msg #53462
- Ignore msummer2007 |
7/25/2007 11:42:09 AM
Ok Niko you clicking on all cylinders today, do you think the market will retest the highs for the day?
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nikoschopen
2,824 posts
msg #53465
- Ignore nikoschopen |
7/25/2007 12:00:03 PM
It's likely although it's not gonna be an easy one as witnessed in the previous monster rallies that followed a selloff. Personally, I'm forecasting a 10% correction for Dow and S&P in the near future. But then I've been wrong on soooooo many occasions, as you may already know, that I can't even take my own words seriously lol.
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nikoschopen
2,824 posts
msg #53466
- Ignore nikoschopen |
7/25/2007 1:18:50 PM
It looks like the bears are done taking all the crap from the bulls. It ain't looking very pretty from my side of the stockland. LOL
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msummer2007
129 posts
msg #53469
- Ignore msummer2007 |
7/25/2007 1:31:42 PM
Seems to be strong selling on every rally today, and the lows are deeper. There is no serious buying either. Traders are on the sidelines waiting for the dust to settle.
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nikoschopen
2,824 posts
msg #53470
- Ignore nikoschopen |
7/25/2007 1:33:16 PM
While the Dow could go down as low as 13,550, it's more probable to close near the 13,600 area. Just my worthless 2-cents.
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msummer2007
129 posts
msg #53471
- Ignore msummer2007 |
7/25/2007 1:36:59 PM
If you hit this low on the head we are going to start calling you "Svarmi" distant relative of you know who, twice removed.
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nikoschopen
2,824 posts
msg #53472
- Ignore nikoschopen |
7/25/2007 2:00:19 PM
Thanks in part to Bernanke & Thugs, perhaps? LOL
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nikoschopen
2,824 posts
msg #53474
- Ignore nikoschopen |
7/25/2007 2:09:23 PM
Traders aren't going to buy their pitch so easily this time around. Come to think of it, Fed is no different from any other lagging indicator.
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