Boy Who Cried Bear Says We Are Going Down

Discussion in 'Trading' started by shortie, Mar 12, 2010.

SPY Next Week

  1. Bullish

    28 vote(s)
    18.3%
  2. Flat

    15 vote(s)
    9.8%
  3. Bearish

    46 vote(s)
    30.1%
  4. I am sick and tired of you kids playing the prediction game

    64 vote(s)
    41.8%
  1. S2007S

    S2007S

    Until rates rise and all the easy free money the banks are receiving stops to at least a trickle the markets will continue to make highs based on nothing else but speculation. Remember when low interest rates back 10 years ago created the housing and credit crisis that we saw come and go in about 5 years, well the next creation of the new bubble is forming thanks to bubble ben bernanke. No one will understand it until well after the fact and of course by then will see Bubble ben bernanke on capitol hill answering questions on how and why he took the steps he did to keep the credit crisis at ease while creating the next bubble. Go benny, keep up the great work, cheap liquidity and 0% interest rates is the best way to create a new economic recovery. Also keep in mind that if the economy does have a second wave of a double dip recession that bubble ben bernanke is going to have to do a hell of lot better than just 0% interest rates, with 0% interest rates here to stay for at least another 1-2 years any threat of a double dip recession will have bubble ben bernanke up real late at night.
     
    #211     Mar 22, 2010
  2. 1174 yesterday. Gonna take this today.
     
    #212     Mar 24, 2010
  3. Buy this dip!
     
    #213     Mar 24, 2010
  4. S2007S

    S2007S

    You can just feel the struggle, they are trying so hard to get it back into the green, the volatility is so high when there is just a small step back, its incredible.
     
    #214     Mar 24, 2010
  5. S2007S

    S2007S

    Financials back in rally mode, check

    Markets nearing green check



    :p
     
    #215     Mar 24, 2010
  6. We're nearing a top. Previously the news re: portugal today would have spooked the bejesus out the market now just a blip down and then people looking around saying wow no selling. I'm thinking this rally is cooked soon but after scrubbing my shorts umpteen times for a profit of $10 I'm gonna watch too which means we must have topped out.

    Sooooooo......



    Sell, sell, sell!!!!!!!!!!!
     
    #216     Mar 24, 2010
  7. S2007S

    S2007S

    New home sales due out 10am!!!!


    expectations were for an increase of 1.9%

    Actual: DOWN 2.2%


    JANUARY revised DOWN 8.7%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
     
    #217     Mar 24, 2010
  8. Selling is foolish. Anyone who bought the dip (myself) on open looks pretty good right now. My hand is on the sell button, but won't do it until either:

    1. End of the month (and QE comes to an end)
    2. Convincing selling breaks key support.

    Until then, it's business as usual. And business is good.
     
    #218     Mar 24, 2010
  9. S2007S

    S2007S



    Lowest Level since 1963
     
    #219     Mar 24, 2010
  10. I know, I know but with this low volatility march higher I was bored. Thanks for reminding me of my stupidity.

    So does QE end at QE? That's the conundrum.
     
    #220     Mar 24, 2010