It is interesting that probably not a single legitimate trader of any renown would ever make such a forecast with anywhere near the same confidence (or bluster?). "Impossible?" "Low of the decade?" I do believe you just made a 4-year forecast.
johhnny if u r really in a real money trade and u didn't take your money out please stop trading now.....u r playing a guessing game and u can't win long term....come back later after yoou have more experience.......if u did...excuse harsh comments and very smart trading........except entry too early....
Curious........Johnny.......bottom line please.........Ripley ........news is no bueno.........since i have proven that to my intraday trading self a million times, i am convinced r u?
Look at the bright thing porgie, the more we go down.. The more up room we got to go up... Saying news doesn't matter = saying GDP doesn't matter, that our economy doesn't matter..
rip.......i hope u r correct about probe........that is clalled stop running by the pros, by the wa y .....i ma not a pro obviously.....i need this thing to go way back up so i can unload something that has been a thorn in my account for awhile.........i only trade what the day gives me............i try not to push the envelope as an intraday only trader.........if it goes down and i get a strong signal i go down and vice versa.....i only need 15 pts past entry to smile.....but i prefer all up as the economy picks up as market does..............majority of working people own stock or work for someone who does....... i hope j's trade worked out for him.......it gave him the opportunity to make nice day on one trade.......1 contract........
rip.....the point i was making was not that news doesn't matter.........except to YM intraday trader's trading........it no t only doens't matter it can be a hughe distraction........huge.....it is irrelevant to intraday traeder's abilithy to operate system and capture positive points........