futures down---looks like ths is the start of the sell-off!

Discussion in 'Trading' started by BlueStreek, Nov 23, 2006.

  1. S2007S


    another sale this morning, knew the falling dollar was nothing to worry about. "Tomorrow will greener than today."
    #51     Nov 24, 2006
  2. I love no risk dip buying $$$

    you can't lose........ EVER!
    #52     Nov 24, 2006
  3. Falling dollar is actually good for exporters and a lot of multinational company.
    #53     Nov 24, 2006
  4. dutch369


    YEP.............tops in. :D
    #54     Nov 24, 2006
  5. well your going to get some even better sales over the next few weeks, months, years:)

    dollar collapsing, gold, commodities rising, inflation rising, gdp slowing, housing tanking, arms hitting the market next year, iraq getting worse, congress posturing for 2008, bond market frantically fractious, etc.

    I will be shorting every rally for the next 3 months for sure, as we will have lower highs, and lower lows........this is a downtrend...notice the volume selling at the end of the day......things have finally changed for you over-ebuliant, short-sighted longs----reversion to the mean in the short-term ahead.
    #55     Nov 24, 2006
  6. markets almost closed green

    so much for that scare, chicken littles

    this forum is so funny

    Full of bears

    Every 15 point delcine in the morning signals the top and guess what-IT REBOUNDS!
    #56     Nov 24, 2006
  7. today's price action was meaningless
    many US traders taking the day off, very low volume today.

    The next 2 weeks will tell us if these prices can hold.
    #57     Nov 24, 2006
  8. yeah you had a bunch of buyers come in b/c of the past "the market always comes back green for the day history of the past month" on a low volume day.....b/c this is "their dream bull market" and that was the best they could do.....with a fizzled out rallly leading to a sell-off at the end----there never were any fundamentals supporting this bs run-up=it was all goosing up by buying on the asks just to artificially push up the markets for end of year gains for fund managers----a game, mirage, artificial manipulation for short-term gains---and frankly the geo-political and macro-economic news doesn`t support these rediculously overbought conditions in the market....and we will revert to the mean over the next few months.
    #58     Nov 24, 2006
  9. yep, earnings have been disasterous, most companies missin' by a mile. only need to look at all AH reactions.
    #59     Nov 24, 2006
  10. rcj


    Hey Blue ... havent seen you in awhile. Looks like you are stirring the pot real good here... with some anyway. Have fun.

    Up/down whatever .... cheers ... rj

    p.s. What do you think about some kind of Black Swan event overtaking the markets?? Maybe we are due for one.
    #60     Nov 24, 2006