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The market now is like water running toward a cliff
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The market now is like water running toward a cliff# Stock
k*n
1
it's still upstream of the cliff
just running slowly toward it
it will fall off the cliff in the coming weeks
a visit to last year's low is highly likely
DOW goes to 8000 is possible too
the only encouraging signal is that gold is not moving much higher
so the damage might be capped
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w*i
2
Holy crap.
I thought it will hit the bottom in the end of Jun or middle of July.
lol
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k*n
3
sometime in August is more likely

【在 w*********i 的大作中提到】
: Holy crap.
: I thought it will hit the bottom in the end of Jun or middle of July.
: lol

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w*i
4
Let's see.
TIF不错,呵呵
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w*i
5
Let's see.
TIF不错,呵呵
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w*i
6
Let's see.
TIF不错,呵呵
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w*i
7
Let's see.
TIF不错,呵呵
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k*n
8
http://www.mitbbs.com/mitbbs_article.php?board=Stock&id=3357996
the market got the waterfall as expected
I am glad I patiently hold my cash while playing a "long gold short dow"
spread
picked up a few stocks today
let's see whether it will visit last year's low
dont expect to see a visit to 2009 low any way
it actually could get a violent rally from here
smart money would love to buy when blood is on the street
but there is no doubt that the bear has come back

【在 k***n 的大作中提到】
: it's still upstream of the cliff
: just running slowly toward it
: it will fall off the cliff in the coming weeks
: a visit to last year's low is highly likely
: DOW goes to 8000 is possible too
: the only encouraging signal is that gold is not moving much higher
: so the damage might be capped

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l*m
9


【在 k***n 的大作中提到】
: http://www.mitbbs.com/mitbbs_article.php?board=Stock&id=3357996
: the market got the waterfall as expected
: I am glad I patiently hold my cash while playing a "long gold short dow"
: spread
: picked up a few stocks today
: let's see whether it will visit last year's low
: dont expect to see a visit to 2009 low any way
: it actually could get a violent rally from here
: smart money would love to buy when blood is on the street
: but there is no doubt that the bear has come back

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Y*r
10
so which stocks you picked up?
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k*n
11
SPY UCO ALLRF

【在 Y****r 的大作中提到】
: so which stocks you picked up?
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k*n
12
added UCO and ALLRF on the dip
also was busy buying a few other stocks
as I said, the bear market rally can be very violent
a visit to 200 day moving average is very likely
new high is also in the card

【在 k***n 的大作中提到】
: http://www.mitbbs.com/mitbbs_article.php?board=Stock&id=3357996
: the market got the waterfall as expected
: I am glad I patiently hold my cash while playing a "long gold short dow"
: spread
: picked up a few stocks today
: let's see whether it will visit last year's low
: dont expect to see a visit to 2009 low any way
: it actually could get a violent rally from here
: smart money would love to buy when blood is on the street
: but there is no doubt that the bear has come back

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k*n
13
oil and the stocks I bought were holding yesterday
and they rallied again with the market
people did not catch this bottom will be chasing

【在 k***n 的大作中提到】
: added UCO and ALLRF on the dip
: also was busy buying a few other stocks
: as I said, the bear market rally can be very violent
: a visit to 200 day moving average is very likely
: new high is also in the card

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k*n
14
again
those left behind will be chasing and get ready to be slaughtered again
lol

oil and the stocks I bought were holding yesterday
and they rallied again with the market
people did not catch this bottom will be chasing

【在 k***n 的大作中提到】
: oil and the stocks I bought were holding yesterday
: and they rallied again with the market
: people did not catch this bottom will be chasing

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e*s
15
dance until music stops
天朝那叫,不见棺材不掉泪~~~~~~~~lol
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k*n
16
music will not stop until the fat lady sings
she hasnt sung yet, but she will

【在 e**s 的大作中提到】
: dance until music stops
: 天朝那叫,不见棺材不掉泪~~~~~~~~lol

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t*s
17
厉害!
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s*7
18
what fat lady?

【在 k***n 的大作中提到】
: music will not stop until the fat lady sings
: she hasnt sung yet, but she will

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k*n
19
http://www.mitbbs.com/mitbbs_article.php?board=Stock&id=3377610
I mentioned that SPY will probably go to test 127
today, it seems MM also handed out its signal at 127
just check SPY today and you can see it

【在 k***n 的大作中提到】
: again
: those left behind will be chasing and get ready to be slaughtered again
: lol
:
: oil and the stocks I bought were holding yesterday
: and they rallied again with the market
: people did not catch this bottom will be chasing

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k*n
20
people bought the dip as I did a few weeks ago might want to start
taking profits althought I tend to guess the market still has some gas
no need to play chicken with much higher risk now
a bear market rally normally lasts 4-8 weeks, so from next week, market
can plunge again anytime, and this time it will brings us to lower lows

【在 k***n 的大作中提到】
: http://www.mitbbs.com/mitbbs_article.php?board=Stock&id=3377610
: I mentioned that SPY will probably go to test 127
: today, it seems MM also handed out its signal at 127
: just check SPY today and you can see it

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k*n
21
not sure this is the start of the next leg down
but glad to have locked profit yesterday
only keeping gold silver positions
people should be flexible in this market
dont marry to a bear nor a bull
follow the market and avoid emotions
the intermediate bottom for main stock market is projected sometime
end of October or early Novenmber

【在 k***n 的大作中提到】
: people bought the dip as I did a few weeks ago might want to start
: taking profits althought I tend to guess the market still has some gas
: no need to play chicken with much higher risk now
: a bear market rally normally lasts 4-8 weeks, so from next week, market
: can plunge again anytime, and this time it will brings us to lower lows

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l*g
22
zan
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l*i
23
When will the market plunge next week? Thursday or Friday?
Do you think the market will go up on Tuesday and Wednesday?

【在 k***n 的大作中提到】
: not sure this is the start of the next leg down
: but glad to have locked profit yesterday
: only keeping gold silver positions
: people should be flexible in this market
: dont marry to a bear nor a bull
: follow the market and avoid emotions
: the intermediate bottom for main stock market is projected sometime
: end of October or early Novenmber

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k*n
24
apparently the plunge has started
that's the reason to be careful and get out before profits evaporate
I said in the beginning of the rally that this is nothing but a bear
market rally. I hoped it to rally harder
Again, the big turning point lies in the end of October and early November

【在 l******i 的大作中提到】
: When will the market plunge next week? Thursday or Friday?
: Do you think the market will go up on Tuesday and Wednesday?

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