I was reviewing last week posts as continued extension of understanding the markets. On SI I found that mode was generally bearish from week strating 7th to 10th the four sessions had seen in all 62 sell signals of different sizes and kinds, it is funny though that some of the language used is like AG work, it is confusing thato ne cannot know if the authors are trying to short or long, levels is osmething they don't dare to post, they just keep harping since the market is high we are going down but we may go up to!. AMZN AOL YHOO were amongstr the most putted stocks, now those have been forgotten no one even talks about MU, may be soon some new puts will be added, but the most worrying things from these people to not is that all of them were 'unaware' of the concept market breaking new lows have to be take care off like BKX index it did not but even a inter day dip raised all kind of cautions from me as well as PFers, similarly market making new highs have smae tendency it will go and test slightly higher just ofr that trap. The only thread that recognised the new tops, gives actual levels and produced inter-relationships between indexes was this thread. One very odd thing over three years I have noticed that speaks volume of lack of 'speciality' on various threads that is no one notices that SPU has chnaged to SOZ.. no one even asks that what happened, now again Idea highlights it every quarter, now what is most worrying with the exception of the threads like Systems where all of them are trading this instrument on other threads lack lf this notice means that they are swimmiing in the dark, the new resistance and supports of SPZ are different from SPU by 10-12 points. Now if we are commenting on markets and miss this poitn what does it shows, how could any one justifuably define that pits generated move of 1376 to 1361 from little above of 50 days mA opening we went down tested that 20 days and jumped back up, now anyone who has not noticed that change of underlying contract to dec from Sept would have no idea that S&P futures have to be looked entirely from a different perspective, these are important things but other than specialise threads like 'Systems' complete ignorance of this one small elements should be an eye opener, my adivce to gullible readers, take care read these messages about sell cautions with a kind of smile and dissmissal, these guys have no idea of the market and they do their best to keep you out, all cash and nice and quiet. if it is so this market is not a place for any one who wants to keep his cash close to his chest. Please note these missed opportunities and keep a strong eye on ther most important contract.. ES99Z on www.quote.com..
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