CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
T'was the month before Christmas and all through my shacks
Not an index was stirring , not even the DAX!
So I decided to go short
And was suddenly caught
By that jolly old man with the fat belly
Who'd decided to fly in with a ten percent rally!
As my shorts blew past the North Pole
I examined a great hole!
In one of my ledgers
I even had to hedge my own hedges!
As my grail was squashed flat
I said that's that!
But he suddenly let loose
Upon my golden goose!
Though I'd warned him never to pluck it
All he could say was oh ohh ohhh, .... it!
As I turned red
To Santa I said
'tis the season to forgive
And I know where you live!
So get ready to practice forgiveness!
T'was the month before Christmas and all through my shacks
Not an index was stirring , not even the DAX!
So I decided to go short
And was suddenly caught
By that jolly old man with the fat belly
Who'd decided to fly in with a ten percent rally!
As my shorts blew past the North Pole
I examined a great hole!
In one of my ledgers
I even had to hedge my own hedges!
As my grail was squashed flat
I said that's that!
But he suddenly let loose
Upon my golden goose!
Though I'd warned him never to pluck it
All he could say was oh ohh ohhh, .... it!
As I turned red
To Santa I said
'tis the season to forgive
And I know where you live!
So get ready to practice forgiveness!
Merry Christmas!:jump: :guitar: :xmastree
Looking at the S&P 500 and the inverse head and shoulder!
It doesnt look like it will be a merry xmas for the bears....or a happy new year.
I think we are gunna see 1490 on the S&P very soon! If that happens, the BEARS WILL BE SPITTING CHIPS! haha.
Oh no not the H & S call!!!
Sorry nysefloortrader as you are new around here I'll point out the rules. Firstly the H & S call is running at a woeful 14% correct rate across ASF. Secondly its banned from the big boys thread here . And thirdly I'm not so sure technically you can have a H & S pattern taking the classic setup (but hey you're welcome to join the 86%).
This fiscal cliff reminds me of the debt ceiling. Everybody seems to think that common sense would prevail.
But if they do resolve the cliff issue, it means the US balance sheet is going to be in worse shape...
It's a bit like a sick person celebrating he doesn't need to take a bitter medicine.
So it wouldn't surprise me that we are set up for a fall either way (then again, there's no such thing as a surprise in the market...)
i love how they did this
...two days of going up and 36-plus handles, the S&P futures got stretched out, meaning when the the S&P sells off and people get short they cover and get long. With the ranges as small as they are, the selling pushes the futures down into the sell stops and the short covering / buying pushed ....
Looking at the S&P 500 and the inverse head and shoulder!
It doesnt look like it will be a merry xmas for the bears....or a happy new year.
I think we are gunna see 1490 on the S&P very soon! If that happens, the BEARS WILL BE SPITTING CHIPS! haha.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?