Black Monday - December 31, 2012

Congratulations. Did you make 56K on Monday? My hat is off to you. How many contracts?

 

By Jan 18th we will sell off - from highs.

Just a guess.

I see the first 8 days higher.

Of course figuring out this market is tough. Also there is no real consensus like back in the 80's and mid-late 90s.

There are reasons to sell and to buy. Probably depends on your time-frame. I am position trader and hold for weeks or more. Not easy in these see-saw markets.

 

This is usually why people fail at trading, ignorant comments like this.

 

Maybe I can get a job on CNBC. LOL

 

You could, or you could instead do something more honorable

 

I don't agree. iceman1 gave his opinion and his belief. If one stucks to his opnion when he sees things have changed, then it is a different story.

Personally I try to read between the lines. Sometimes your voice gets lost in cheers of the market. If you look carefully, everyone's tax will go up in 2013. At least 2%. Mortgage deduction will be capped (which I am very happy because I don't have mortgage!!) So 2013 should be worse than 2012. Personally I like Pimco guys opinion on the market. There are some intelligent and educated analysts there.

 

If you believe he has foundation to make such infatile prediction, you also got a lot to learn as well.

 

do you have no opinion as to January markets/?!? None? No bias or hunch whatsoever?! No gut feel?! No brain?! Well, you must be a
DAY TRADER! Ugh!

[and here i thought opinions were like assholes; everyone has one!]

LOL

 

I think the market will be up for the month of January and what's wrong with day traders?

 

Let us not derail from the facts.

Read your own ridiculous post.