Being a Perma bear sucks

Discussion in 'Trading' started by jr07, Sep 16, 2009.

  1. jr07

    jr07

    Are you saying that one should always either be long or in cash? i.e. never short?
     
    #21     Sep 16, 2009
  2. FB123

    FB123

    During an uptrend, yes. And during a downtrend, only short or in cash.
     
    #22     Sep 16, 2009
  3. the1

    the1

    What I'm saying is when the market goes up <b>every freaking day</b> buy.

     
    #23     Sep 16, 2009
  4. erikgutz

    erikgutz

    Selling now has a much better risk return then buying.
     
    #24     Sep 16, 2009
  5. DrEvil

    DrEvil

    How deep are your pockets ... The risk to the upside can't be quantified here, this could rip far higher before coming back.
     
    #25     Sep 16, 2009
  6. erikgutz

    erikgutz

    So should i buy?
     
    #26     Sep 16, 2009
  7. FB123

    FB123

    NO. The market is overextended, and could very easily pull back. It could also spike higher for a bit longer. Right now is a terrible time to be getting in, because it's very uncertain what is going to happen. Wait for a setup where the odds are in your favor.
     
    #27     Sep 16, 2009
  8. erikgutz

    erikgutz

    exactly
     
    #28     Sep 16, 2009
  9. ElCubano

    ElCubano

    as it was bullied to go down last year, pressured into opening up the fed wallet....dayum they are good ...whoever "they" are :D
     
    #29     Sep 16, 2009

  10. spoken like a true new nick that had to abandon the old nick 'cause it sucked.

    is this your 20th or 30th persona?

    I'm seriously beginning to think that exposure to so many idiots on these boards is toxic.
     
    #30     Sep 16, 2009