whats that saying??? dont fight the fed... many wish they were short after those last 2 rate cuts.... now maybe that santa clause rally can be the excuse for stocks to push higher from now until 2007.
Let this volatility continue! Money's just flying around everywhere - pick up your Hoover (or I guess Dyson these days) and get to work...
Shorts enjoy the party while it lasts massive buying will resume later maybe today, next week, in tow weeks but the buyers will come in
Short resume for today: since 10/10 your adivsed buybuybuy on the DOW lost 1100 points per YM contract, ie. US$5500 per contract. Had you gone short you could have made US$5500 per contract. This means you lost US$11.000 per YM contract in trading opportunity. Luckiliy you only papertrade. If you still take yourself seriously I think you are the last person doing so.