As I mentioned before I bought the Fucking dip, UWM a few hours ago, down about 2% but I know for a FACT, A FACT I will be able to sell it above $47.25 this week or latest by early next week. The 250,000 job number I keep hearing about on Friday should boost the SPX back to 1325+, maybe even 1340+++++
Dunno, job numbers qnd ISM today were quite good and the stock still took a dive. Hope you're right though. i noticed as well some smart asses voted this poll after market close today - does that count ?
LOL So you guys went long based on the extremely complicated strategy that it was the first day of the month? Look again at the chart - you were buying dips? INTO THAT?!?!? This thread should be renamed, "How to go broke", and some posters comments need to come with a disclaimer that their comments could seriously damage one's wealth. :
The 250,000 jobs number rumour you heard about was from me as I sold into your bid. I wasn't lying though. Indeed, I heard the number will in fact be 350,000 and not 250,000. Good trading. LOL
Im a bear and Im thinking all this talk about a further drop is all wrong, I mean just like that this rally is going to end I just went long today on that minor dip, Im thinking once oil pulls back a few bucks the market will cheer sending stocks higher!!! Im only hoping to stay in that position for another day or three, there is going to be dip buying, there has to be, there always is.... Im being sarcastic about the the dip buying!!!
Then its time to raise the SPX to 1345 by Friday, damn I think I heard that maybe will get a 500,000 new job number...hahah Going to be a fun packed wednesday as well, ADP report should shine really brightly tomorrow.