Bull or Bear... What says u?

Discussion in 'Trading' started by Port1385, May 7, 2008.

  1. There are only two ways the index can go from here, up or down.

    As much as I want to say down, I am thinking up. The simple reasoning is that too many people are calling it to the downside. Too much pessimism and expectation of a recession.

    What do you say?
  2. i'd be surprised if the markets close down tomorrow. what a rational thinker would conclude would be that CL will pull back somewhat tomorrow and equities could rebound proportionally (barring financial sector equities that might be connected to the newest tax evasion charges brought against UBS et al)
  3. Lucrum


    It could go sideways.

    Personally I think it's going to (drum roll please)... Fluctuate!
  4. ShadowTrader_08

    ShadowTrader_08 ET Sponsor