Dow futures up 51

Discussion in 'Trading' started by pumpanddumper, May 23, 2007.

  1. S2007S

    S2007S



    today there is a credit bubble...thats worse than the dot com bubble of 1999.
     
    #11     May 23, 2007
  2. Looks like they fired the programmer who coded the "program trading" sell off at the S&P new all time high the other day. :)
     
    #12     May 23, 2007
  3. S2007S

    S2007S

    14k by end of may
     
    #13     May 23, 2007
  4. S2007S

    S2007S

    I can see the buy programs kicking in on the dow,
     
    #14     May 23, 2007
  5. Congrats to all pigsters!!! Free $$$
     
    #15     May 23, 2007
  6. Dude, why beat your head? Just go long - it's never too late.

    Just may sure you leverage up to make up for what you've missed out on so far.:D
     
    #16     May 23, 2007
  7. kashirin

    kashirin

    are you joking?
    from 12.000 to 13.600 in 2 months
    Dow is so overbought.
    It must consolidate and give entry point around 12500-13000
    If it doesn't consolidate it's a bubble and it can burrst any moment
    of course it can go to 20 000
    it already looks like China. But being long now is too risky

    By the way look at bonds 10 year is 4.83%. Looks like no rate cut.
    If it hits 15 000 by the end of summer I think Fed will be forced to hike rates so we will get nice 15% sell off
     
    #17     May 23, 2007
  8. S2007S

    S2007S

    Put-Buying May Hint at Coming Correction
    TheStreet.com (subscription), NY - 1 hour ago
    Yesterday's index put/call ratio was a whopping 385%. The last time we saw a reading that high was Feb. 23, two trading days before the February crash.
     
    #18     May 23, 2007
  9. It must consolidate? Why so you can get in? Markets don't work like that :p
     
    #19     May 23, 2007
  10. The Illuminati at it again!
     
    #20     May 23, 2007