Comments on: IBD DOWNGRADES MARKET OUTLOOK http://pragcap.com/ibd-downgrades-outlook Sat, 11 Feb 2012 22:06:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: MarketHead http://pragcap.com/ibd-downgrades-outlook/comment-page-1#comment-11289 MarketHead Sat, 30 Jan 2010 21:23:43 +0000 http://pragcap.com/?p=15819#comment-11289 MOnday, 2/1/10 should see accelleration to the dwnside... This thing is set up for a good long liquidation (about time). All the typical indications are there, not to mention if you look at a chart of the VIX it has formed a large bull flag... (BEarish to Equities). Probabilites for a rush to the exit..Correction or Top? I lean to the Correction crowd... The Talking heads will be beating the drums driving the "buy the dip" crowd into the net. I'm in the Bear Mkt Rally camp but a Bear Mkt Rally is after all a "mini" bull mkt within a Secular Bear. The current high price print does not look like a typical top, there really wasn't any price rejection. Makes me "suspect" that after a good wash out there will be another push to take the shorts out and potentially make a higher high and then potentially the door will get slammed on the bulls. Just a scenario, not a prediction. In trading as you know you just go with the flow. From a political perspective the ppolitico's will throw everything at the economy/market to keep the ball in the air but they are running out of bullets. The real risk, IMHO is right after the November election, if some other event doesn't intervene first. Good Trading. MOnday, 2/1/10 should see accelleration to the dwnside… This thing is set up for a good long liquidation (about time). All the typical indications are there, not to mention if you look at a chart of the VIX it has formed a large bull flag… (BEarish to Equities). Probabilites for a rush to the exit..Correction or Top? I lean to the Correction crowd… The Talking heads will be beating the drums driving the “buy the dip” crowd into the net. I’m in the Bear Mkt Rally camp but a Bear Mkt Rally is after all a “mini” bull mkt within a Secular Bear. The current high price print does not look like a typical top, there really wasn’t any price rejection. Makes me “suspect” that after a good wash out there will be another push to take the shorts out and potentially make a higher high and then potentially the door will get slammed on the bulls. Just a scenario, not a prediction. In trading as you know you just go with the flow.

From a political perspective the ppolitico’s will throw everything at the economy/market to keep the ball in the air but they are running out of bullets. The real risk, IMHO is right after the November election, if some other event doesn’t intervene first.

Good Trading.

]]> By: Van http://pragcap.com/ibd-downgrades-outlook/comment-page-1#comment-11172 Van Thu, 28 Jan 2010 01:44:52 +0000 http://pragcap.com/?p=15819#comment-11172 just skip my comments and I'll reciprocate... just skip my comments and I’ll reciprocate…

]]> By: Farok http://pragcap.com/ibd-downgrades-outlook/comment-page-1#comment-11167 Farok Wed, 27 Jan 2010 22:44:02 +0000 http://pragcap.com/?p=15819#comment-11167 Lets look at the CHART for the S&P 500 and you will see a similar pattern developing under the 50 day Moving Average.That lasted for about 2 weeks. By all means stay cautious but its too early to predict ARMAGEDDON. Lets look at the CHART for the S&P 500 and you will see a similar pattern developing under the 50 day Moving Average.That lasted for about 2 weeks.
By all means stay cautious but its too early to predict ARMAGEDDON.

]]> By: Ben http://pragcap.com/ibd-downgrades-outlook/comment-page-1#comment-11111 Ben Tue, 26 Jan 2010 21:10:23 +0000 http://pragcap.com/?p=15819#comment-11111 It's about time IBD changed their status. The recent actions in the stock market looks quite bearish to me. Investors still have the opportunity to exit with little damage here. Again, I completely agree with IBD - a huge correction is upon us. It’s about time IBD changed their status. The recent actions in the stock market looks quite bearish to me. Investors still have the opportunity to exit with little damage here. Again, I completely agree with IBD – a huge correction is upon us.

]]> By: ShortBus http://pragcap.com/ibd-downgrades-outlook/comment-page-1#comment-11106 ShortBus Tue, 26 Jan 2010 19:17:55 +0000 http://pragcap.com/?p=15819#comment-11106 I only gave you a 1 star becuase I could not give negatives I only gave you a 1 star becuase I could not give negatives

]]> By: free picks http://pragcap.com/ibd-downgrades-outlook/comment-page-1#comment-11022 free picks Mon, 25 Jan 2010 14:14:16 +0000 http://pragcap.com/?p=15819#comment-11022 Just giving you the heads up that its IBD not IDB and TS if you want to short financials look into FAZ as it is levered 3 times opposed to ony 2 for the skf. Just giving you the heads up that its IBD not IDB and TS if you want to short financials look into FAZ as it is levered 3 times opposed to ony 2 for the skf.

]]> By: Van http://pragcap.com/ibd-downgrades-outlook/comment-page-1#comment-11004 Van Sun, 24 Jan 2010 22:53:09 +0000 http://pragcap.com/?p=15819#comment-11004 good stuff, like I said earlier, something feels different this time... good stuff, like I said earlier, something feels different this time…

]]> By: ike tossia http://pragcap.com/ibd-downgrades-outlook/comment-page-1#comment-11001 ike tossia Sun, 24 Jan 2010 20:10:11 +0000 http://pragcap.com/?p=15819#comment-11001 just watch out TS, that boy plunger didn't do so good at the end, the selling started two weeks ago, all on the offer under the masks of upgrades and short squeezing in all them big names that kept us going, if you check charts, most are over sold 10-20%, I wouldn't jump to hit bids so quick here, unless you've joined the plunge team when those sphoos traded 11.40+, yes I do think that we're about to witness "price discovery to the down side", but this MKT has no problem correcting up 30 S&P handles, cause of IDB I had to cover the a big part of those that dropped more then ten points for the week, thank you IDB, too meny fake number coming out this week, check for pulse, if there's no bounce, have your seat-belt on, WE ARE GOLDEN... just watch out TS, that boy plunger didn’t do so good at the end, the selling started two weeks ago, all on the offer under the masks of upgrades and short squeezing in all them big names that kept us going, if you check charts, most are over sold 10-20%, I wouldn’t jump to hit bids so quick here, unless you’ve joined the plunge team when those sphoos traded 11.40+, yes I do think that we’re about to witness “price discovery to the down side”, but this MKT has no problem correcting up 30 S&P handles, cause of IDB I had to cover the a big part of those that dropped more then ten points for the week, thank you IDB, too meny fake number coming out this week, check for pulse, if there’s no bounce, have your seat-belt on, WE ARE GOLDEN…

]]> By: ts http://pragcap.com/ibd-downgrades-outlook/comment-page-1#comment-10990 ts Sun, 24 Jan 2010 13:18:55 +0000 http://pragcap.com/?p=15819#comment-10990 In 2008 and 2009, I was trading bonds. I just purchased SKF this month. I am rereading "Reminiscences of a Stock Operator" now. In 2008 and 2009, I was trading bonds. I just purchased SKF this month. I am rereading “Reminiscences of a Stock Operator” now.

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