Ginormous After Hours Misses

Discussion in 'Trading' started by ByLoSellHi, Jul 21, 2008.

  1. bh_prop

    bh_prop

    Lemme guess: new lows after this "ginormous" short cover is over.


     
    #31     Jul 22, 2008
  2. S2007S

    S2007S

    And like I said many times before the only reason for the rally is because of oil finally pulling back. I said this would be the only catalyst for the market. If oil makes it's way to fresh highs this market is going to fresh lows. By the way start to sell this rally because the financials will continue their selloff soon. Dow headed back towards 11k.

    SELL THIS RALLY.................
     
    #32     Jul 22, 2008
  3. SELL THIS RALLY.................

    ................

    Sorry, the rally's not over, more to go.
     
    #33     Jul 22, 2008
  4. Digs

    Digs

    SP500 1300
    INDU 11800

    Thats it, SELL FROM HERE !

    Why
    - next employment report is going to be brutal
    - next inflation will around 6%
    - retail sales without Govt cheques
    - The 19 banks - no more shorts rally is done.
    - Amex said it all in there conference call, aLl consumers suffering.

    UNLESS: Oil crashes to $80, then BUY !
     
    #34     Jul 22, 2008
  5. Good call, guess I should pay attention when typing. I was thinking bear market trap. :D
     
    #35     Jul 23, 2008
  6. S2007S

    S2007S

    Who said the bear left wallstreet????


    Did anyone think the bull was actually back. The last 500 point rally in the DOW was a bear market rally, the DOW is headed right back below 11k again.
     
    #36     Jul 24, 2008