Facts On "Poop"

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[colty77]

Keep in mind as of now these are low volume rallies.  The short term moves up still aren't backed up by much volume.

[PSAadmin]

@colty77 At least someone gets it, glad to have you with us!

[idonotneedanidforyou]

I was eating dinner when you were talking about poop. lol

[PSAadmin]

@idonotneedanidforyou LOL

[LondonCrusader]

Great video...but dude...

don't invite me to dinner at your place..okay?

-

yours. 100% short. :)

[PSAadmin]

@LondonCrusader LOLOLOLOL!!!

[cabadejo]

@Bmx33606 What time frame?

I can't see a hammer on the daily. A hammer must have a long wick and relatively small body at the top end of the candle.

An inverted hammer has the body at the bottom of the candle.

[Bmx33606]

There is an inverted hammer that was made today. Did anyone see that on the stockcharts website?

[cunnidvd]

Ouch. CNBC shills are talking up a 20% rally just ahead. I suppose that may be a good reason to stay short.

[meetMr7]

@MerinCR Guess I'll cover half today, in case MSFT is good tonite. Thanks for the "heads up" hehe

[MerinCR]

Don't stand in front of the train man. You will have a better time to short. This is a strange market. The bearish case is so PERFECT and yet "something" is taking us higher! And it's not even corporate earnings. It's China + commodities + inverted head & shoulders on NYSE. It's a contrarian trade aka "Poop". 

[bakabusu4]

@MerinCR I was warning Christian, but of course he was a little cocky..........

We were staying on the upper part of the channel without going lower for like a whole week....

Itd be better to short from here than from yesterday...

Earnings take us higher? my ass, inverted head and shoulders....even though long run is down...as a trade i like this =]

[MerinCR]

Oh man, there is so much "POOP" today on the market. It's like a corporate LUNCH for you and your subscribers. haha The question is - will you eat it this time? Let me give you a HINT - inverted head & shoulders on the E-mini S&P. :) Enjoy your lunch.

[meetMr7]

Uh oh up 222 and the indices are breaking over their key averages. Christian this looks bad for the bear case. Should we cover today and re-enter later on?

Thanks for any input

Regards Eddie.