Another dip, another chance to make $$$

Discussion in 'Trading' started by makloda, May 8, 2007.

  1. give one good reason Not to buy this correction!
     
    #21     May 8, 2007
  2. Newton's Third Law of Motion:

    III. For every action there is an equal and opposite reaction.
     
    #22     May 8, 2007

  3. 1. Asian markets down
    2. No new exciting earning coming up for S&P
    3. Past run up
    4. May being a month when markets generally go down
    5. Yesterday, the market could not go through 1516 for over 150 minutes.
    6. No morning rally to speak of ES can't go through 1508.75 since around 10 AM.


    All this would make me very cautious.


    Then again it is 12:42 and the ES is at 1509.50, scratch #6
     
    #23     May 8, 2007
  4. Congrats again to all dip buyers... $$$
     
    #24     May 8, 2007
  5. S2007S

    S2007S


    tomorrow is going to even bigger and better...


    up 200-300 points tomorrow.
     
    #25     May 8, 2007
  6. S2007S

    S2007S

    i bought some qld at 91.25...


    think ill hold it until tomorrow afternoon, ill be able to sell it for 95+++:p :p :p :p :p
     
    #26     May 8, 2007


  7. You won ..... for now .....:mad: :mad: :(
     
    #27     May 8, 2007
  8. S2007S

    S2007S

    NDX going green, dow to follow, nothing like a mid day rally after a morning selloff!!!


    24 for 27 yesterday, today 25 for 28
     
    #28     May 8, 2007
  9. Congrats bro, simple, easy money and 100% risk free. We will always find some paranoid bears that will willingly hand over their $$$ to us :p
     
    #29     May 8, 2007
  10. Darn..market going up

    I was hoping it would selloff today

    The reason why I want the markets to selloff is because it puts less pressure on the market after the fed meeting. We're more likely to rally during the meeting if the market selloffs today.
     
    #30     May 8, 2007