Forced short covering (like now) doesn't turn a bear into a bull market?

Discussion in 'Trading' started by crgarcia, Jul 16, 2008.

  1. Many shorts are covering because they are being forced by the SEC to do so, not because they think the downtrend is over?
     
  2. Who cares?

    JUST TRADE IT.
    :)
     
  3. How to trade it? Long? Short? Both?
    Knowing this it's vital to know if the downtrend is over or not.
     
  4. both??? just try to be on the right side.....:D
     
  5. I mean alternating longs and shorts.
     
  6. bh_prop

    bh_prop

    Every major bull run starts with shorts covering. Is this the start of a large bull run? Could very well be given the blowout bearish sentiment extremes.


    QUOTE]Quote from crgarcia:

    Many shorts are covering because they are being forced by the SEC to do so, not because they think the downtrend is over? [/QUOTE]
     
  7. Shorts being forced to cover and bouncing off a technical level :D
     
  8. Landis is right; just trade it. IMHO this nonsense currently underway however is gonna lead is into a significant market crash one day soon. Recessions and failures of weak businesses are notmal parts of the economic cycle. Bernanke knows this. We're only making the pain much worse down the road.
     
  9. gucci

    gucci

    Just listen to the analysts tomorrow. Ben saved the world. Today was the last day to buy. Don't you see?:D
     
  10. I don't like Bernanke or Paulson but they are pure geniuses! The fact they they've been able to float this BullShit economy for so long will go down in every history and economics book. Their tactics will be studied by governments looking to inflate their debt away for years to come.


    There is no sarcasm in this post. Honestly. We should have crash hard in 2007 but Bernanke keeps pulling term facilities and all sorts of other shit out of his ass.

    Highest inflation in 18 years. The dollar SOARS! lol
     
    #10     Jul 16, 2008