rhymes Do you have any credibility on this site ? Have you made calls BEFORE the trades for better or worse.? Have you shown yourself to be a skilled trader ? It never ceases to amaze me how many babies we have in this forum that think they deserve something for nothing. I'm not saying u in particular but just overall the lack of humility from unprofitable traders. If I was a losing trader I would shut my mouth and see if there was anything that I could learn from those traders that are so obviously profitable. If you read through this thread you would have seen that this market will not just stop on a dime and turn around BUT what myself, kiwi and people that are making $ from this business are telling you is that this is a serious danger sign and a possible pivotal change of sentiment so go to def con 4. Get it ??? Or do I need to spell it out in french for you?
Haven't you noticed the market has basically been ignoring economic events for some time now. When news does have an impact, it seems to be forgotten within a day or two. Add to that the many hedge funds that are out to make money, and I see the bull market continuing... at least in some stocks within certain sectors. I.E., pharma is hot right now. Find a good stock there, and your increase your chances of profiting. Or go with a low volatility stock where the dividends have consistently increased. Keep up with your financial homework, including watching the sectors, etc. and you are sure to find a few good bull stocks.
Hahahahaha Joab. I don't make calls, I make trades. Professionally. Not from my basement. Thats the difference. Credibility on this site isn't remotely something I'm interested in. Don't get your nose out of joint about making a bad call on teh housing data, it happens all the time here. You'll be right someday. "If I was a losing trader I would shut my mouth and see if there was anything that I could learn from those traders that are so obviously profitable." Guys like you? So obviously profitable?
Looks like it's getting to be time for tech sector rotation with the Earnings from TXN and AMZN exploding. Usually, by the time it gets to tech, the end of the bull is near (near is relative, last time it took 3 years). Stocktrad3r, if goog would split, it would be a great stock... but since it won't, it might get another lift, but I'd be selling into it. You can make a whole lot more money on stocks that aren't at the top of their run.
Joab - 04-20-07 07:14 PM Loading up Short QQQ $45.60 Top O Range How did they taste? Let me guess, you got out at the low of the day, $45.20.
Dude, I'm not a day trader and that trades not closed yet and neither is this call. Now go and play with the other little boys before you get spanked. Don't worry I'm keeping this thread open and if you need a handout stand in the line with the rest of the people.