- This fellow has made a number of snide remarks about me during the past year, including one (the very last one below) which was truly stupid. I thought you might like to see his forecasting record over the past week. I seriously doubt that any of these "shorts" were actual entries.
- extrader said...
tomorrow should be a down day in the SPX... coming up against resistance at 907-912-918!
cant see it running higher here... puppet masters pumped it up... have support at 890... these are SPX support/resistance not ES...
Good trading
ex
- extrader said...
Fermin,
Yes the down day was for Today WED.
SHORT 924 ES - LAST ONE
- extrader said...
that 10pt gap on the chart will need to be filled sometime...
- extrader said...
SHORT 932 ES
- extrader said...
SHORT 934 ES - SECOND
THIS IS GOING DOWN BIG TIME!!!
- extrader said...
SHORT 936 ES - LAST ONE
AVERAGE IS 934 STOP IS AT 940...
- extrader said...
SHORT 941.50 ES
- extrader said...
SHORT 943 ES - SECOND
- extrader said...
This market is about to turn to the downside... Rally is over!
- extrader said...
SHORT 943.50 ES - THIRD N LAST
- extrader said...
why did u lose a point and half? u could have sold it at 947.50!
10 comments:
Hi Carl,
The nick name says it all, he's no longer a trader, he's an ex trader. This means he lost all his money, probably trading the short side during the last bull market.
But thanks for posting it, we all can benefit from some comic relief every now and then.
Kindest regards,
PM
Carl,
Thank you very much!, not only you are an awesome trader, you blog even has a funny side. Congratulations on yet another good trade... ex-trader, don´t you feel ashamed sometimes?
Fermin.
Yes, I also tire of looking at his posts.
i guess he was following your forecast when the market was crashing. to be fair, you have to admit that wasn't your greatest hour.
carlos
Hey Carl, I've seen his posts as well. Thanks for summarizing his moves.. I'm glad you have shown the fact that he has consistently made mistakes while making negative remarks towards you.
On the next topic, do you think the market sees a bit of correction before pushing higher. We seem to have pushed through key technical levels today.. Unfortunately, I missed the move of the last couple days anticipating a bit of correction (as you had suggested at one point) and now I'm still a bit short but should I just be swallowing this loss? I would have been happy with a correction back to 930 but doesn't look like it is going to happen... I appreciate all of your comments and feedback..
Thanks!
Hey, you Carl have been far more correct over the past few months than the perma-bears. This market wont go down until they are all converted to bulls.
Hi,
I really appreciate your sharing your perspectives and material, not just on this blog but over the years on yahoo etc. There's always going to be posters like extrader but that just adds flavor to the mix (albeit more greasy than nice).
my 2 cents: the move in indexes occurred with the dollar move (all dollar fx pivoted around the same time 8-13th), so I'm looking at resistance when those start hitting theirs -which is soon imho).
Yes, EX-trader is a waste of time. AAPL should be interesting this week. -MK
As the dollar is going down due to hyper-printing, the market is going up due to fears of hyper-inflation. This is the biggest danger in shorting the stock market at this time, besides interventions to plunges by the PPT.
I am not clear if and when the stock market will start going down despite trashing of the dollar. Anyone?? Thanks!
I'm not sure if the dollar is "going down due to hyper printing". The talk is certainly that m2 is being printed like there's no tomorrow, but the actual numbers indicate otherwise at least for the moment. On top of that, deflation chatter is surfacing in the newsflow along with rumors of "embassies advised to stock up foreign fx (except GBP) within the next 120 days" -hah. Sounds convenient to me but I can't figure out the angle. Weekly charts indicate resistance soon.
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