"tempting to short the dow tonight with a bunch of data coming out this week."
Its a #9
XJO thread : Glossary of terms
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#1 - I have just shorted the SPI = I have picked the intra-day low
#2 - I have just gone long the SPI = I have picked the intra-day high
#3 - I am out of my SPI trade = I have managed to contain my losses to half my trading account
#4 - CMC are crooks = I have just had another losing trade
#5 – The markets are rigged = The pros know their customers
#6 - The US market looks weak = The US market is headed for a record high close
#7 - The US economy has had it = US GDP records greatest increase in a generation
#8 - Most indicators are positive = The market is headed for a correction
#9 - Most indicators are negative = Global markets rally
#10 - I have a 99% successful trade record = I can tell what trades would have worked yesterday
#11 - This must surely be the market top = I enjoy using the cut & paste feature in MS Windows
#12 - I have never seen this in my 35 years trading the markets = I completed a trading seminar last week
#13 - I am on the sidelines for now = I have completely missed the 30 year bull run
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