i think may be before sleep also can see <10k already..

walao..what happen? triple digits loss. Erased all 2 days gain.
Lucky yesterday i sold out my call with small losses.

dun be like tat, past 2 days lyn thread so positive & bulleh, must maintain the bulleh spirit!
the only way to support pasar is to buy action speaks louder than word!
guess 10k can rebound to kill bear team 1 again, those poor bear team 1 which cover... my condolences

So in conclusion, the market is long term bear now..

happy those who like to short..

ngek ngek ngek....
I've been waiting for <10k for long time already....

we should be able to see 10,125 today

alredi in position liao but it was a real pain in the arse sitting on the short position, but as they say no pain no gain
who knows? with the new klse lyn thread motto of tiger roar
when wake up tomolo dog jones at 10,300 klse at 1,300 - u bulls in lyn can do it, just like the past 2 days, think BULLEH
I wan to tidur liao tomolo got early doktor appointment for head examination

Yes, Long FXP, Long UUP, long TZA, short ERX.

The technicals for majors at 100MA are seen broken. I'm afraid this is not good news for bulls.

Assume worth case scenario (bad job numbers tomorrow with 10 percent or higher),
the trap door opens and if we fell through, be prepare for eventual fall through to Dow 9700 to be
the next support. Then, we would have completed the 10% correction.

Ok, as for the USD! Some claimed the USD is worthless.. but they worth a lot more today.
Dollar index wants break through 80 and will gap up if this continues.

we all started out with sampan, as time goes by, must upgrade & learn to sit submarine & roket, be flexible

y say like tat abt bear & short? at 1st u bull, hapi, then u bear,sad, then bull,hapi, then bear,sad & so forth
hard la, alwiz 'see saw' like tis, mus learn a bit how to interpret TA or FA, whichever suits u
then u must learn to trust ur own gut instinct & do not rely on others for tips

the past few days, FA sounds good, but TA alredi shown sumting is wrong much earlier
unless got other good news out there, then TA will surely climb back up, but there isn't any
anyway, time to buy soon once it crack below 10k or nearby 200dma, no garanti. then go buy TM, can hold medium term

did u see dog jones psychological index down 200 point jus now - cool man! it does make the heart beat excitedly
now where did my heart jump to, need to find it & see heart doktor too

I'm a FA man, not TA.

LONG position opened. Bull will regain the lead

Bearish harami yesterday and today, we got long black candlestick forming.
Depends on how it close... tomorrow could be nasty if we can't close above 10100.

This post has been edited by danmooncake: Feb 5 2010, 01:35 AM

u r one flexible fellow, from sampan can ride roket & sit submarine too
I use FA sift thru shit, then use TA for entry & exit
can u advise tis thread on the FA news which make dog jones nearing 10k providing links to news will help the newbies a lot

I say we will breach below 10K. Both FA and TA don't look good.
FA for companies good but macro economy for USA and other countries (sovereign debt) stinks!

Only the Fed can rescue this market, which I'm sure they will later.

Bear mask on!

This post has been edited by danmooncake: Feb 5 2010, 01:43 AM

Tml is time to get cheap stock.
Let's all jump in together.

This post has been edited by pooh88: Feb 5 2010, 01:49 AM

Catching falling knives... better wear some gloves.

43 minutes to go before closing. Need a further drop of 37 pts to breach 10,000. I hope the bears can do it. I just want to watch the world burn

---

Added on February 5, 2010, 5:06 am
The bulls hung on by the skin of their teeth

DJ is at 10,002.41 after a drop of 268.14pts. I can't remember the last I time I saw such a sharp drop

I'm opening a can of beer to toast the return of the bears

This post has been edited by Malefic: Feb 5 2010, 05:08 AM

Closing Update
Dow 10002.26 -268.29 -2.61%
Nasdaq 2125.43 -65.48 -2.99%
S&P 500 1063.11 -34.22 -3.11%

The Dow did breached below 10K (9999.69) right at the sec but closing adjustment pop it back up about 2+ points. The dollar went up like crazy (the USD still rules!) . Gold and Silver all sold off!

We got confirmation the bear trend is back. All uptrend technicals are broken.
The bulls have left the party, yeah.. bear suit now is on!
Most likely, every rally will be sold now until we flatten.

Tonight - the Unemployment report - expected to be bad.

This post has been edited by danmooncake: Feb 5 2010, 05:41 AM

Welcome aboard bear team 2 to join bear team 1, as we take this exciting journey & explore the teori world of 'bear jump out window'
long time never had such a FUN feeling, anyway, who r ur short candidates
who knows? maybe there could be a bounce at 10k to put a smile on the bull face as the only assurance I can give on certainty, its uncertainty

I'm have short ERX, long TZA, long UUP, long FXP. Also, got some March TCK 30 puts.
These are just to hedge against some of my long positions in red now.

Next two weeks will be interesting.



This post has been edited by danmooncake: Feb 5 2010, 07:02 AM

enjoy the bear..

CI will be total read today..

The big shark is in control...

remember to jump to the land as soon as possible..

---

Added on February 5, 2010, 7:57 amit should be bad....
sometimes the big shark knows the data before us..

so they act first..

yeah, bear market is confirmed. May be we need to learn how to earn in a bear market..

This post has been edited by epalbee3: Feb 5 2010, 07:57 AM