No New Long Positions For Thursday’s Stock Market Session

January 30, 2008

Despite what the FOOLISH Cramer, Marcin, and Kass tell the public, the public NEEDS TO STAY FAR AWAY FROM LONGS, right now. Tell Cramer, Marcin, and Kass to shove it!!!! and save yourself a lot of pain. You need to realize YOU DO NOT NEED TO BUY STOCKS FALLING DOWN. You can wait till they are moving up again in a larger uptrend and THEN buy them. You newbies that are making life hell for me and my chat room members with your ignorance need to realize Cramer and the rest of the fundamental only FOOLS have gotten you to this position in your life where you are coming to my site to make money. Some people need to realize the BS they are being Fed by boys with insiders as their BEST FRIENDS on Wall Street and start listening to the analysis of the greatest traders of all time and what they say about markets like this. Do you know what THEY ALL SAY? STAY AWAY FROM THE LONGS UNTIL WE HAVE A FOLLOW-THROUGH DAY ON HIGHER VOLUME WITH A LOT OF LEADING STOCKS SETTING UP IN GREAT BASES WITH PERFECT VOLUME AND PRICE CHARACTERISTICS. Until we have one of those, you newbies need to learn to stop trading and just wait. If you are new to the stock market and the gains of the last bull got you to this point, you need to realize you are showing up at the end. If you don’t understand what I am talking about, you, my friend, are going to be in big trouble by the time this downtrend plays out. Do you think the Fed cuts like this with everything going well in the market? OF COURSE NOT!