yeah, reminds me of FEB 2010. When we will see 11,000??

ING should FLY.





This post has been edited by zamans98: May 10 2010, 05:05 PM

Sure does.

11,000 by Friday would be nice

1 week dropped about 800 points, making it the worst week this year, not the worst ever.

Similiar pattern in July 2009, end of Nov 09 and this year end Jan- Early Feb.

Means PIIGS still not clear, even with bailout in progress. We can see GREECE incident re-appear in few months time.

Once a mighty empire, now a fallen country. LOL to it.

I hope it still drops. Lol. Maybe another 2 days of triple digit. Then, my fund would have arrived by then.

Do not be surprise that the bears want another leg down to Dow 10190 or SPX 1095.
Just another 2% to go.

There are also talks about Dow 9800 or SPX 1060 which may become a reality (also was the stress test for us last Thursday during the supposingly 'glitch' ). If we see Dow 9800.. then be prepare to see Dow 9000 as the next support (this is serious! )

Just be careful...

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Added on May 10, 2010, 11:42 amGood question..will we see 11K first or 10K first?
We're just 380 pts away from 10K and we saw that a very brief 2-3 mins last Thursday during the 'glitch'. nod:

This post has been edited by danmooncake: May 10 2010, 11:56 AM

I vote for 11K first before another U turn. Market is still waiting for another PIIS (G is now in "good hands")

Cannot la every day dropped. Time for MM/MOMO to unload their BUY during Magical DOW 1000-. So have to push it up so that buyers like u, me and others will LONG on momentum.

I think we got good news for the bulls.
http://business.timesonline.co.uk/tol/busi...icle7121468.ece

Yup, I think momentum upwards before another correction.

With that confirmation of additional bullish news and with so many days of downward pressure, a relief rally is due. (As of now, DOW FUTURES up 250!)

aye to that. For this 2 days, it will be good until we see another set of news. Remember - TECHNICAL is not applicalbe in this volatile market.

Its all about the traders sentiment not some candlestick pattern.

whether it is green or red, depends how momo wants to play..

but most probably tonight is a slight drop then only huge up...

see you tonight..

or could be the other way?

Still can't figured out why S dropped so much last Friday.

Amazing DOW pre-market!

Dow +359.00 / +3.47%

CITI > 4.29 +0.29 / +7.25%


This post has been edited by zamans98: May 10 2010, 04:29 PM

may be can short at the market open and cover back when it goes down, then buy back..

wow, u got guts to short @ super GREEN dow? The best opening so far I ever seen since Sept 9, 2009

If only you can catch the timing..

I am still bull... but when it is too bull, we can short it..

Hahahahah... u sure u wanna lose ur pants and shirt?

Like zamans said, you REALLLY ARE A DARE DEVIL! hahaha

Maybe u might want to try shorting tomorrow instead? No major economic news today to dampen sentiment.

I mean doing day trading.. short and cover in minutes...

like short at +1.20 then buy back at +0.80..

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Added on May 10, 2010, 5:00 pmthen buy back keep until tomorrow..

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Added on May 10, 2010, 5:00 pmthen buy back keep until tomorrow..

This post has been edited by epalbee3: May 10 2010, 05:00 PM

ING fly hard hard. Nice

Pre-market: 8.44 +1.39 (19.72%)
AIG: Pre-market: 41.50 +2.80 (7.24%)

OR I think better I wait for the first dip to enter..

Now Futures so high.. it will be dangerous if it falls..

better watch carefully..

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Added on May 10, 2010, 5:07 pmAlready too high. what price to enter?


This post has been edited by epalbee3: May 10 2010, 05:07 PM

I only trade ING, not AIG - around 850's bought last last Friday..

AIG always up down 5~10% in a day one, only for those with strong heart.