Are we close to a top?

Discussion in 'Trading' started by Bakinec, Aug 26, 2009.

  1. I'm with you on that one. I think it's POSSIBLE we are going to get a major surprise and alot of people are going to get caught on the wrong side of this market. Up or Down - nobody knows. I swear, it's the most UNCERTAIN environment right now. Won't you guys agree? Remember a few years ago we could count on every dip to go long. It's outright INSANE now to beleive anything.

    Short my Brain Out: - i've shorted this rally all the way up, and still done OK. I wish the best to all the speculators in this thread. Whatever happens I'm sticking levered.
     
    #21     Aug 27, 2009
  2. Bakinec

    Bakinec

    Good trading to all.

    I'm waiting for the last push upwards (buyers on dips) before hell breaks loose.
     
    #22     Aug 27, 2009
  3. Alvin

    Alvin

    EXACTLY! One more push to shake out the early weak short hands.. then down
     
    #23     Aug 27, 2009
  4. Bakinec

    Bakinec

    [​IMG]
     
    #24     Aug 28, 2009
  5. You leveraged short guys, are you able to sleep at night?
     
    #25     Aug 28, 2009
  6. All you folks who are short are suicidal.

    The market clearly cares for one thing, and that is up. Manipulated or not (and I believe it is) there is only one way to make money in the market at present, and that is buying the dips.
     
    #26     Aug 28, 2009
  7. still waiting a retracement. i don't trust the simple and sharp V recession...
     
    #27     Aug 28, 2009
  8. According to my findings, there may be no force on this planet that can stop this bull market. DJIA 14,000 within a few years is a strong possibility. Keep in mind that interest rates are STILL at zero and the fed has given absolutely NO hint of raising them. We're going to have yet another housing & stock market bubble as a result, and no effort will be made to stop it even as it unfolds before our very eyes.

    The US dollar is nothing more than toilet paper to the fed. That's why I am recommending MA POT GOOG which benefit from a falling dollar.

    MA POT GOOG RIMM BIDU FSLR V EWZ FXI CLF IPI MOS AMZN QQQQ
     
    #28     Aug 28, 2009
  9. S2007S

    S2007S

    from fool.com



    PEs using the "optimistic" $60 for 2009
    March @ 666 = P/E of 11.1
    Today @ 1023 = P/E of 17.1

    PEs using the "average" $50 for 2009
    March @666 = P/E of 13.3
    Today @1023 = P/E of 20.5

    PEs using the "realistic" $40 for 2009
    March @666 = P/E of 16.7
    Today @1023 = P/E of 25.6
     
    #29     Aug 28, 2009
  10. noddyboy

    noddyboy

    Only 3 months to 2010.
     
    #30     Aug 28, 2009