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Started By
Message
1
Posted on 9/19/11 at 11:03 am to LSURussian
Usually projections are based on closing numbers.
If it doesn't stay above a certain number then the market doesn't have conviction to stay above. Since Baylor never mentioned closing you could take it either way.
If it doesn't stay above a certain number then the market doesn't have conviction to stay above. Since Baylor never mentioned closing you could take it either way.
Posted on 9/19/11 at 11:12 am to Teacher
quote:
Usually projections are based on closing numbers.
If it doesn't stay above a certain number then the market doesn't have conviction to stay above. Since Baylor never mentioned closing you could take it either way.
even if it did, he still came after the fact with a bullshite 1% margin of error. So 1220 really meant like 1230.
Posted on 9/19/11 at 1:03 pm to Teacher
quote:Link?
Usually projections are based on closing numbers.
quote:I agree.
Since Baylor never mentioned closing you could take it either way.
Posted on 9/19/11 at 2:20 pm to Chad504boy
quote:
after the fact with a bullshite 1% margin of error.
only when he misses the mark, not when he skims under it.
Posted on 9/20/11 at 2:08 pm to C
it seems like that twelve twenty mark has some serious resistana*e.
Everytime it hits *220 it hits a wall and *omes right *a*k down.
I have *'s in pla*e of letters on letters that for some reason my key*oard wont type. I dont know whats going on with my key*oard. I have a*out 5 letters on my key*oard that wont work all of a sudden.
Does anyone have any suggestions on how to fi* it?
*ut *leary the *attlelines have *een drawn.
Its twelve 20 for the *ulls vs a*out elevenhundred for the *ears.
whatever side *reaks through first is the winner.
Strong resistan*e at twelve twenty and strong support at around elevenhundred
Everytime it hits *220 it hits a wall and *omes right *a*k down.
I have *'s in pla*e of letters on letters that for some reason my key*oard wont type. I dont know whats going on with my key*oard. I have a*out 5 letters on my key*oard that wont work all of a sudden.
Does anyone have any suggestions on how to fi* it?
*ut *leary the *attlelines have *een drawn.
Its twelve 20 for the *ulls vs a*out elevenhundred for the *ears.
whatever side *reaks through first is the winner.
Strong resistan*e at twelve twenty and strong support at around elevenhundred
Posted on 9/20/11 at 8:39 pm to Baylor
Posted on 9/20/11 at 8:49 pm to Baylor
I do*#tund-*^st'*d.
Posted on 9/21/11 at 9:18 am to Baylor
quote:
it seems like that twelve twenty mark has some serious resistana*e.
Everytime it hits *220 it hits a wall and *omes right *a*k down.
I have *'s in pla*e of letters on letters that for some reason my key*oard wont type. I dont know whats going on with my key*oard. I have a*out 5 letters on my key*oard that wont work all of a sudden.
Does anyone have any suggestions on how to fi* it?
*ut *leary the *attlelines have *een drawn.
Its twelve 20 for the *ulls vs a*out elevenhundred for the *ears.
whatever side *reaks through first is the winner.
Strong resistan*e at twelve twenty and strong support at around elevenhundred
You were spouting the 1180 as the resistance mark and 1220 was the very top of the ceiling level. now you are saying 1220 is the norm resistance and above that is acceptable to if its within 1%. You are a whack job.
Posted on 9/21/11 at 9:45 am to Chad504boy
frick off baylor.
Posted on 9/21/11 at 1:50 pm to Baylor
quote:
Does anyone have any suggestions on how to fi* it?
go to Office Depot and buy another one for $30
Posted on 9/21/11 at 3:09 pm to Rantavious
You guys need to layoff Baylor, he is giving opinions and making predictions. He is also as correct as most you see on TV, that is all.
As for breaking out over the 1220 mark, I would not bet on it. Too much negative news right now for a sustained rally.
Also looks like the markets really did not like the FEDS "Twist and Shout" actions.
I'm not a day trader so I am mostly concerned with closing prices and not intra-day highs and lows. I see very little upside potential in the broader market indeces.
As for breaking out over the 1220 mark, I would not bet on it. Too much negative news right now for a sustained rally.
Also looks like the markets really did not like the FEDS "Twist and Shout" actions.
I'm not a day trader so I am mostly concerned with closing prices and not intra-day highs and lows. I see very little upside potential in the broader market indeces.
Posted on 9/21/11 at 3:16 pm to Sid in Lakeshore
Agree with you about Baylor, but he's egging them on. Disagree about the Fed thing. Its not the makeup of the action, its the confirmation that they think/expect the US economy to be sluggish going forward, worry over the split nature of the decision, and some worry over possibly political capture.
Posted on 9/21/11 at 4:29 pm to kfizzle85
You guyS are amazing. Clearly there is strong resistance at the 1220 level which is exactly the high end that my buddy said all along months ago.
I said back when we got down to abou 1110 that it would go up again somewhere between 1180 to 1221.
I made the huge mistake when I said it could not reach 1222.
It did go above 1222 for all of less then 45mins on 1 single day, and because of that one little spike that was less then 7 points above my high my buddy is an idiot and a fraud.
Do you realize how stupid that is?
Has anyone not noticed that we have bumped up to exactly 1220 twice since then and came tumbling right back down again both times?
Let's not even mention the fact that we have never once even closed at 1220.
I come on this forum in may and give word of my buddies top call of 1360 something and 4 months later the 52 week high is still exactly 1370.
There is not a market timer in history that's going to call the exact point of the high or the exact point of the low.
It's just not possible.too much variance,
But I will say my buddy his been amazingly close so far.
The next thing in play like I have said for weeks is the ultimate fall through 1000.
Once that happens there will be a new evaluation period for the next step
I said back when we got down to abou 1110 that it would go up again somewhere between 1180 to 1221.
I made the huge mistake when I said it could not reach 1222.
It did go above 1222 for all of less then 45mins on 1 single day, and because of that one little spike that was less then 7 points above my high my buddy is an idiot and a fraud.
Do you realize how stupid that is?
Has anyone not noticed that we have bumped up to exactly 1220 twice since then and came tumbling right back down again both times?
Let's not even mention the fact that we have never once even closed at 1220.
I come on this forum in may and give word of my buddies top call of 1360 something and 4 months later the 52 week high is still exactly 1370.
There is not a market timer in history that's going to call the exact point of the high or the exact point of the low.
It's just not possible.too much variance,
But I will say my buddy his been amazingly close so far.
The next thing in play like I have said for weeks is the ultimate fall through 1000.
Once that happens there will be a new evaluation period for the next step
Posted on 9/21/11 at 4:58 pm to Baylor
quote:
1222.
haha so is this the new 1180?
Posted on 9/21/11 at 6:48 pm to Chad504boy
quote:
So the next thing to look for is the 1180 mark, and at the very highest the 1195 mark. Thats the point where you can expect the next free fall. He does not see anyway that we can reach 1220 again. So another words, the new top before hitting absolute bottom cant reach 1220.
No dum arse.
I said on page 2 of this thread weeks ago the above.
The only mistake that was made in this entire thread was making an absolute statement when an absolute statement should not have been said.
Thats what happens sometimes when you(me) are not the expert giving 2nd hand info.
The only thing you are beefing about is one wrong oomment I made saying it oould not go above twelve twenty one.
Well it happened to do that for less then one hour.
And oame right down in less then an hour to lower then my high.
And its still a faot we still have not olosed at 1220 or above yet.
So if you use closing numbers the prediction is still in tact even using my ecact high range figures.
Are you people so dumb about this subject that you expect someone to be able to predict this to the exact point?
We are arguing over less then 7 points for God's sake.
The spirit of this prediction is almost perfect so far.
So what if you missed a single read during intraday that missed 7 points when it came right down in less then an hour anyway. And the fact that the market STILL has not closed higher then my number still to this day.
Posted on 9/21/11 at 6:53 pm to Baylor
and the fact that 3 times in a row when we hit that twelve twenty the market has come slamming down 3 times in a row.
Right now the fight is twelve twenty and eleven hundred.
Right now the fight is twelve twenty and eleven hundred.
Posted on 9/22/11 at 9:14 am to Baylor
quote:
and the fact that 3 times in a row when we hit that twelve twenty the market has come slamming down 3 times in a row.
hit 1230 too... volatility in today's market, imagine that.
Posted on 9/22/11 at 10:04 am to Chad504boy
quote:
hit 1230 too... volatility in today's market, imagine that.
Yea I know. Lots of volatility which is why I said from the beginning there would be an up and down battle for a while till the next low is reached
Support is around 1110ish and resistance is around 1220ish.
Once one of these numbers gets breached that will be the next big thing.
My buddy is calling 1100 to be the number.
We hit 1101 intraday one day but it bounced right back.
So there is strong support at 1100ish and strong resistance at 1220ish.
Once it breaks thru 1100, then it's on to 1000ish.
This has been what he has been saying since may.
And so far we have been in a tug o war between these 2 numbers for a while now save for that 1 famous day where it hit 1230 for less then 1 hour and slammed right back down.
The importance of breaking thru 1100 is important because when that happens 1100ish will become the new resistance and a lower number will become the new support .
So basically 1100ish changes position from being the low end of the trading range to the high end.
This kind of battle will repeat itself over and over again with different ranges until the ultimate bottom is hit.
Just like the 1360 to 1280 battle, then the 1280 to to 1220 battle, and now the 1220 to 1100 battle that we have right now give or take a few points as always due to the vol
Posted on 9/22/11 at 10:25 am to kfizzle85
quote:
Agree with you about Baylor, but he's egging them on.
Baylor I think you are beating your drum too many times. People are bashing you and you come right back. I take it that you are young and when a young person learns something new they want everyone to see it as they do. I did the same thing 30 years ago. As you can guess I am > 50.
Let's not bash Baylor but use what his friend and Baylor tell us about the market. Baylor's friend is much smarter than any of us. "Can't we all get along?"
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