Dow futures being taken to the woodshed

Discussion in 'Index Futures' started by bond_trad3r, Jun 6, 2010.

  1. Agreed. If there is a thunderstorm on the horizon approaching and everyone is calling for rain, does this mean it probably won't rain, because the majority is so often wrong?

    The "majority is always wrong" mantra works in balanced markets that are trading on fundamentals. Not algorithmic, computer controlled casinos trying to game the last fraction of a cent.
     
    #41     Jun 22, 2010
  2. noddyboy

    noddyboy

    To your point, the majority seem to be predicting tommorows market not next years, so is not a valid comparison to the debt thunderstorm.
     
    #42     Jun 22, 2010
  3. Unless you follow the mantra that "the market is forward looking". In which case, this market is blind as a bat.
     
    #43     Jun 22, 2010
  4. noddyboy

    noddyboy

    Meanwhile, I am reading The next 100 years, which seems pretty fantastical too.
     
    #44     Jun 22, 2010
  5. "Forward looking" needs to be defined. 6 -12 months? 7 years? Everyone has their own time frame.
     
    #45     Jun 22, 2010
  6. noddyboy

    noddyboy

    I think successful hedge funds think out 6 months, and retail 1 week.
     
    #46     Jun 22, 2010
  7. piezoe

    piezoe

    I am bearish this Summer. I am bullish this Fall. :D
     
    #47     Jun 22, 2010
  8. You're optimistic.

    :)
     
    #48     Jun 29, 2010
  9. I need a gap down and a down Wednesday morning.
     
    #49     Jun 29, 2010
  10. noddyboy

    noddyboy

    Why?
     
    #50     Jun 30, 2010