Disqus - Latest Comments for beanieville

Re: Snap Out Of It!

beanieville — Thu, 12 Nov 2009 08:48:31 -0000

Bulls are almost done reading their Karma Sutras and getting ready for action.

Re: What History is Telling Us (by Boston Wealth)

Shaolin — Wed, 11 Nov 2009 23:36:22 -0000

Thanks for the memories beanie

Re: What History is Telling Us (by Boston Wealth)

beanieville — Wed, 11 Nov 2009 23:16:15 -0000

Maintaining the trendline is what we shall do.

Re: What History is Telling Us (by Boston Wealth)

stxinon — Wed, 11 Nov 2009 23:04:29 -0000

To maintain the trend line from march you have to be adding 2.40 S&P point everyday.
Reason: 1100-666 = 433 Points
433 / 181 trading days = 2.40 S&P Points everyday....

Fail that and you shall have a trend line failure...
These kind of trusted trend line failures have caused Nikki Bear market which has lasted for last 19 years...
That is all....

Re: What History is Telling Us (by Boston Wealth)

Bux114 — Wed, 11 Nov 2009 22:45:50 -0000

You got one thing right in your post..... You slice DOWN with a hot knife through butter.

Re: What History is Telling Us (by Boston Wealth)

beanieville — Wed, 11 Nov 2009 22:38:19 -0000

I really like the market action the last few days. It signifies one thing and one thing only:

We're going higher. See ya, SPX 1120.

Getting my hot knife ready for that butter.

Re: By George

beanieville — Wed, 11 Nov 2009 15:32:05 -0000

Market is too cheap. Slopers, activate buying!

Re: Russell 2000 - - - IWM (by Jeff)

jackangel — Wed, 11 Nov 2009 15:11:39 -0000

What if da bears did do something more? If the market tanked hardcore...would you be around to chastise yourself for our amusement? Unlikely.

Re: Russell 2000 - - - IWM (by Jeff)

doolie — Wed, 11 Nov 2009 14:33:35 -0000

I actually agree with The Bean here.

And that's not something you are going to hear from me every day.

Re: Russell 2000 - - - IWM (by Jeff)

beanieville — Wed, 11 Nov 2009 14:32:10 -0000

The bears definitely need to do more than this. So far, things are still good smackin bullish, even though we hit the 50% retrace today.

Re: Chemical Breakdown (oulous)

beanieville — Wed, 11 Nov 2009 10:19:29 -0000

The banks have been activated. We gonna slice thru 1120 like hot knife through butter.

Re: A Value Proposition

springheel_jack — Wed, 11 Nov 2009 05:15:16 -0000

http://www.screencast.com/users/springheel_jack...

Target 10350.

2009/11/11 Disqus <>

Re: This Must Be the Place

beanieville — Wed, 11 Nov 2009 00:21:05 -0000

Most people believe that what is driving the market is massive liquidity from printing money liberally and from zero interest rate (thereby spawning speculations), and surely the market will go much higher as a result. Most bears believe these driving forces. Yet they continue to short the market? I do not understand.

Re: A Value Proposition

Bernwind — Tue, 10 Nov 2009 20:37:24 -0000

It's 10,988.76 to be exact.

Re: A Value Proposition

beanieville — Tue, 10 Nov 2009 20:13:53 -0000

We did retrace..and it was today and not much. So we should continue to rally tomorrow.

I think people are calling for a pullback too soon. The technicals just don't show it. Maybe the elliotwavers have mystical charts, but the regular charts don't show it.

Re: A Value Proposition

doolie — Tue, 10 Nov 2009 20:11:35 -0000

I am shocked. Shocked, I tell you.

Re: A Value Proposition

springheel_jack — Tue, 10 Nov 2009 20:00:17 -0000

Not without a retracement or two in the interim at least!

Re: A Value Proposition

jackangel — Tue, 10 Nov 2009 19:58:15 -0000

No, no, and no. That's all been changed. We got together earlier today and decided to crash the market instead. Didn't get the memo?

Re: A Value Proposition

beanieville — Tue, 10 Nov 2009 19:52:48 -0000

We are slated for Dow 11,000 by Dec 31, 2009.

Re: A Value Proposition

beanieville — Tue, 10 Nov 2009 19:51:59 -0000

I'm long.

Re: FXI - Breakout to new highs or exhaustion?

beanieville — Tue, 10 Nov 2009 02:12:53 -0000

I like you man. Great angle.

Re: FXI - Breakout to new highs or exhaustion?

beanieville — Tue, 10 Nov 2009 02:10:52 -0000

It probably will go higher than that. Remember we went above 10k (and SPX 1100) the first time and then corrected, and now we're back, which means it's going way beyond the mere 10350-10500 to the next big resistance which is at Dow 11,000. With 7 weeks left and no serious correction, I think they're gonna make it a great Christmas. The Dow leads now. http://stockcharts.com/charts/gallery.html?s=djia

Re: FXI - Breakout to new highs or exhaustion?

beanieville — Tue, 10 Nov 2009 02:03:21 -0000

Because he's mad at Buffett for acquiring the railroad and boosting investor confidence all over the world, while he and his Minyanvilles are short the market and getting steamrolled. That's likely why.

Re: FXI - Breakout to new highs or exhaustion?

loaf_of_bread — Tue, 10 Nov 2009 00:12:28 -0000

Why would rithholtz slam warren for stealing a railroad. It tis a monopoly almost.

Re: FXI - Breakout to new highs or exhaustion?

Scalded_Chimp — Mon, 09 Nov 2009 23:08:31 -0000

I'm reading it as the $INDU has a downward sloping trendline that meets the 50% retracement between 10,350 - 10,500. I would expect a larger IT type of correction from there. What happens after that is anyone's guess.