Its sooo easy to make $$$ when the market goes down, I mean, you just pick the good short candidates, short them and then collect all the cash thats falling from the sky!!!. This is basically the inverse of what you post every day the market goes up. Funny thing how you get so quiet when the market is weak. PS See how silly it is to get so excited b/c of one day?
Not so flat now is it? Stktrdr, or stocktrad3r will change his alias once again until the next short-lived rebound
Did the original poster here actually say " the initial reaction sets the trend until the next meeting" where on earth did he get that. What the heck have you been trading for a month, just passed the 7, reading charts looking for answers ? Everyone on earth knew the Fed would target an additional 25 basis points, the street only started whispering 50 to build hype and sucker some of you in. Trading always come back to common sense; It looks like some of you spend way too much time monitoring the yack fest on CNBC.
that is hilarious. Cramer is a wierd dude, i dont follow or listen to his recomendations(or anyone elses for that matter)...but with multiple successful hedge funds and an average year over year return in the high 20% range...ill bet he knows an awful lot more than you or I. stocktrader to completely blow out his account in 5....4....3...
1/5 you say? ok, you just got spanked badly. Back to the sandbox. Next time, when thorn pops up on a thread he hasn't started, you should consider why.
He has quite a gift for calling tops. unfortunately for him, he is long and bullish. Oh well, when the mkt does rally for more than 1 day (oct?) he'll be back with his desk, buying em up massively!