tag:blogger.com,1999:blog-1258979445050968882.post4831887984910000818..comments2023-11-26T06:55:42.401-05:00Comments on [ The Financial Ninja ]: Honestly, What Did You Think Would Happen?Ben Bittrolffhttp://www.blogger.com/profile/12465978905157927856noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1258979445050968882.post-70219595726871488542009-02-11T14:04:00.000-05:002009-02-11T14:04:00.000-05:00Vijay,Thanks. I've been seeing it too. I think we'...Vijay,<BR/><BR/>Thanks. I've been seeing it too. I think we'll break down because oil is now below $40 and Exxon Mobile (XOM) looks set to break down.Ben Bittrolffhttps://www.blogger.com/profile/12465978905157927856noreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-18268603743790054092009-02-11T13:54:00.000-05:002009-02-11T13:54:00.000-05:00Ben here's the triangle I was talking aboutBen here's the <A HREF="http://market-ticker.denninger.net/uploads/dow-triangle.png" REL="nofollow">triangle I was talking about</A>Vijayhttps://www.blogger.com/profile/12376645525363126901noreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-57992920664592654182009-02-11T13:12:00.000-05:002009-02-11T13:12:00.000-05:00Ben checkout the major triangle going back to Oct ...Ben checkout the major triangle going back to Oct 10 (high) and Nov 24 (low). We're still in the triangle. I see 820 as the key level to break on the downside, then it's every man for himself.Vijayhttps://www.blogger.com/profile/12376645525363126901noreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-42234874888245695382009-02-11T11:41:00.000-05:002009-02-11T11:41:00.000-05:00Logic says you are absolutely right but this marke...Logic says you are absolutely right but this market has to slay a few bears before it is ripe for take down IMO. Bulls have to go through some more emotions culminating in euphoria, while bears will be depressed and despondent. We are just not there yet. I am sitting on the sidelines apart from long positions in a bunch of precious metal stocks. I am one of the tin foil hat brigade !<BR/>JoshAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-27650724592772334582009-02-11T10:06:00.000-05:002009-02-11T10:06:00.000-05:00Bulltards got wasted!LMAOBulltards got wasted!<BR/><BR/>LMAOAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-60248897042672221652009-02-11T09:44:00.000-05:002009-02-11T09:44:00.000-05:00Well once there was a time when the Ninja was a so...Well once there was a time when the Ninja was a sole voice in the wilderness warning of deflation...but now everybody and his sister are calling for big drops in the Indexes (sic)...this makes my inner contrarian twitchy. Maybe that rip-your-face-off bear rally that never happened is just late? Maybe a bear trap here-abouts? Maybe a big bear's affectionate short squeeze?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-18571419168592808952009-02-11T08:49:00.000-05:002009-02-11T08:49:00.000-05:00Re: "there are no more catalysts to spark a rally"...Re: "there are no more catalysts to spark a rally" -- what about the potential for repeal of mark-to-market accounting? It seems like moving to pretend play land would spark the mother of all rallies. Any opinion?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-47866734396487500252009-02-11T08:06:00.000-05:002009-02-11T08:06:00.000-05:00Ah, Mr. Ninja, never underestimate the bulltards a...Ah, Mr. Ninja, never underestimate the bulltards and their gaggle of fools who are trotted out non-stop to speak with the hot women on the financial networks. It's all about jawboning, perception, psychology, confidence -- anything and everything but reality.DiverCityhttps://www.blogger.com/profile/07475857314061951650noreply@blogger.com