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Posted on 8/18/11 at 9:45 am to Chad504boy
Because you keep posting about it getting close to 1220 and waiting for it to break through, and every time you do, it goes the other way.
Posted on 8/18/11 at 9:50 am to kfizzle85
quote:
Because you keep posting about it getting close to 1220 and waiting for it to break through, and every time you do, it goes the other way.
Things go up, things go back down. Imagine that in today's market.
Get off my back. Your the guy who only criticizes after the fact. Nobody likes that guy. Posted on 8/18/11 at 9:56 am to Chad504boy
No I'm not, sorry bro. You should make yourself some money and start posting the down movements today.
Posted on 8/18/11 at 1:07 pm to The Easter Bunny
quote:
Aw bruh, you're muddying up the waters now throwing fundamentals into the picture.
No fundamentals at all.
Making the comment that a huge government package could change everything has nothing to do with the predictions in this thread.
None of the predictions in this thread is based on anyone's assumption that there will be government intervention.
You have to make your trades based on what you know and who you know.
The only reason the government thing was brought up is because this is the only thing that could keep what I my buddy was saying was going to happen from happening.
We are going to assume this will not happen till it happens.
If it did happen it would be real simple to get out of all short positions and play the short term long route until the stem package wears off exactly the way it did last time.
My buddy and me played the 670 to 1360 ride up last time due to this.
Would be more then happy to do the same thing again if it happens again.
But none of the predictions has anything to do with fundamentals. ZERO
Posted on 8/18/11 at 1:15 pm to Baylor
Update:
there is nothing new to report.
Same strategy.
Waiting for 1000 to hit.
Will be more up days and down days like we have seen.
But like I have said plenty of times, the down days will be more violent then the up days.
You will get lower lows and lower highs as the ride goes down to 1000.
Once 1000 gets hit that will be the new evaluation period to determine the next level.
I did make one mis statement that was minor.
I said that 1221 cant get hit till we hit 800.
And that very well might be the case.
But the next level down is 1000 on the S&P which means that will be the new evaluation point.
All signs point to 800 once that level is hit, but thats something you dont know till you get there.
1000 is certain before hitting 1221, and probably 800. Will know for sure once 1000 is reached.
One other thing of note.
These numbers that I am throwing out are soft numbers on the low side for highs and the high side for lows.
1180 was the low end for the high, and 1221 was the high end for the high.
1000 is the high end for the low, and 970 is the low end or the low.
It is not possible to nail the exact number for obvious reasons, but as long as you are in the ballpark you can get rich.
there is nothing new to report.
Same strategy.
Waiting for 1000 to hit.
Will be more up days and down days like we have seen.
But like I have said plenty of times, the down days will be more violent then the up days.
You will get lower lows and lower highs as the ride goes down to 1000.
Once 1000 gets hit that will be the new evaluation period to determine the next level.
I did make one mis statement that was minor.
I said that 1221 cant get hit till we hit 800.
And that very well might be the case.
But the next level down is 1000 on the S&P which means that will be the new evaluation point.
All signs point to 800 once that level is hit, but thats something you dont know till you get there.
1000 is certain before hitting 1221, and probably 800. Will know for sure once 1000 is reached.
One other thing of note.
These numbers that I am throwing out are soft numbers on the low side for highs and the high side for lows.
1180 was the low end for the high, and 1221 was the high end for the high.
1000 is the high end for the low, and 970 is the low end or the low.
It is not possible to nail the exact number for obvious reasons, but as long as you are in the ballpark you can get rich.
This post was edited on 8/18/11 at 1:19 pm
Posted on 8/18/11 at 1:18 pm to Baylor
Well you've lost me now.
Posted on 8/18/11 at 1:19 pm to kfizzle85
quote:
Well you've lost me now
Whats your confusion.
I will try to help
Posted on 8/18/11 at 1:30 pm to Baylor
Well if you could just tell me Who's on first then i'll be happy
Posted on 8/18/11 at 1:38 pm to GregYoureMyBoyBlue
I will put it in simple terms.
1221 will not be hit till we reach the new bottom which is 1000 S&P.
Once new bottom of S&P is reach that activates the next evaluation point for the insiders.
At that point the decision will be made on weather the next new bottom in the 800 range will be hit, or if it will be the end of the bear cycle.
So for right now the strategy is to wait till we hit 1000.
1221 will not be hit till we reach the new bottom which is 1000 S&P.
Once new bottom of S&P is reach that activates the next evaluation point for the insiders.
At that point the decision will be made on weather the next new bottom in the 800 range will be hit, or if it will be the end of the bear cycle.
So for right now the strategy is to wait till we hit 1000.
Posted on 8/18/11 at 1:42 pm to Baylor
So far Baylor has been Aces. We should give him his props.
Posted on 8/18/11 at 2:02 pm to Teacher
quote:
So far Baylor has been Aces. We should give him his props
Not me my friend.
As a matter of fact I feel like I have let a great opportunity pass me by.
Im very jealous of my friend being able to take advantage of all of this making millions with options of all different sorts.
While I am stuck settling for only making thousands because I am not finished with all my options courses yet.
I am not the type that will jump into something unless im 1000% comfortable with it.
Even though I understand options better right now then over 75% of the people that trade them, thats not good enough for me.
I have to know it better then 90% of people that trade options.
So with that being said im stuck trading and shorting ETF's which does not make you the money that an option can make.
My buddy use to not give me the time of day until I started showing the desire to learn how to do what he does.
He is one of those teach a guy how to fish type people instead of the giving you a fish person.
Since I am learning my arse off trying to learn what he does, he is letting me in on the good info.
He told me it takes over 2000 hours of intense study to learn how to do what he does, and thats if you have the talent for it.
At 1st I though he was full of shite.
But I am getting really close to those 2000 hours and have learned the hard way that he is correct.
I still have a lot to learn, and thats after already learning more then most people learn about options.
There are millions of people throwing there money in the trash thinking they know enough to successful with options.
It is not designed to be learned easily.
There has to be a sucker on every bet.
If everyone knew what they where doing it would not be profitable for anyone but the brokers.
This post was edited on 8/18/11 at 2:05 pm
Posted on 8/18/11 at 2:06 pm to Teacher
quote:
So far Baylor has been Aces
We've been closer to 1221 than 1000 or 800?
Posted on 8/18/11 at 2:12 pm to C
quote:
We've been closer to 1221 than 1000 or 800?
Well of course we have.
I stated that we would hit at least 1180 without hitting 1221 before going down to 1000.
So basically I said via my friend that we would get to within 40 points or less of 1221 then drop down at least 200 points to 1000.
That is what I call a bold prediction.
I also said in my other thread when the S and P was 1360ish that it would go down to 1100 before it would go up to 1400.
That already happened.
I also posted months ago on the day the market reached its top that that was the top.
And guess what? That was the top.
Also I stated on the first post of this thread not to be concerned about the fools gold of that big day that happened when this thread was started.
The next day the market gave away every point of those gains and them some the very next day.
Then on the very next day the prediction was the market would go back up again within 2 days back up over 1180. It happened the very next day. That prediction required a 500 point upside prediction on the dow in less then 2 days.
In order for all those predictions to come true it required something happening in the market that has never happened in the history of Wall St.
It required the market going up and down at least 400 points on 4 consecutive days.
All of that happened. ALL OF IT.
That would be like predicting that Western Kentucky will beat LSU by 3 touchdowns at tiger stadium and it happening.
This post was edited on 8/18/11 at 2:23 pm
Posted on 8/18/11 at 2:18 pm to Baylor
quote:
No fundamentals at all.
How is the prediction or lack thereof of a "government intervention" not a fundamental? Please explain to me how this is technical.
quote:
Making the comment that a huge government package could change everything has nothing to do with the predictions in this thread.
quote:
The only reason the government thing was brought up is because this is the only thing that could keep what I my buddy was saying was going to happen from happening.
Does not compute.
quote:
and play the short term long route until the stem package wears off exactly the way it did last time.
Come again?
Posted on 8/18/11 at 2:24 pm to Baylor
quote:
I also said in my other thread when the S and P was 1360ish that it would go down to 1100 before it would go up to 1400.
That already happened.
No this hasn't. Do I need to check the rest of your predictions?
Posted on 8/18/11 at 2:30 pm to kfizzle85
Kfizz.
The point is none of what I said is based on fundamentals.
Every prediction made is with the assumption of as is.
The assumption that no government intervention takes place.
There is not a stock or index on Earth that would not be effected by Government intervention.
But none of this is based on Government intervention.
That is a huge difference.
I will give you an everyday example.
I predict that the Saints are going to go 13-3 this year.
But that is assuming that Drew Brees does not have a season ending injury in week 1.
Now obviously if Brees were to get hurt in week 1 that changes everything overnight.
But you cant make your long range prediction based on things like that.
Assuming nothing crazy like like happens the 13-3 stands, but that 13-3 had nothing to do with the oft chance that Brees could get hurt in week 1.
The point is none of what I said is based on fundamentals.
Every prediction made is with the assumption of as is.
The assumption that no government intervention takes place.
There is not a stock or index on Earth that would not be effected by Government intervention.
But none of this is based on Government intervention.
That is a huge difference.
I will give you an everyday example.
I predict that the Saints are going to go 13-3 this year.
But that is assuming that Drew Brees does not have a season ending injury in week 1.
Now obviously if Brees were to get hurt in week 1 that changes everything overnight.
But you cant make your long range prediction based on things like that.
Assuming nothing crazy like like happens the 13-3 stands, but that 13-3 had nothing to do with the oft chance that Brees could get hurt in week 1.
Posted on 8/18/11 at 2:32 pm to Baylor
quote:
Then on the very next day the prediction was the market would go back up again within 2 days back up over 1180. It happened the very next day.
It happened that day, not the next day.
quote:
All of that happened. ALL OF IT.
nope, nowhere have you predicted:
quote:
It required the market going up and down at least 400 points on 4 consecutive days.
Show me your exact, unedited posts.
Posted on 8/18/11 at 2:37 pm to Baylor
quote:
No this hasn't. Do I need to check the rest of your predictions?
sure it did.
1101 which is within the acceptable factor of predicting bottoms and tops of less then .24%
Yes, feel free to check all my other predictions.
I welcome it.
Posted on 8/18/11 at 2:38 pm to Baylor
You should just leave stuff like that out then, because it doesn't make any sense, and it sounds like a tinfoil hat line.
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