If you turn off cnbc and bloomberg there would be no way you would short this market at this time. And for the record BIIB is a screaming buy right here for a swing trade.
I shorted EQ and am about 6.5 points in minus. my stop is about 13 points in minus. keep in mind this is reaction to EU going high, but I expect crash after opening in the morning my only rationale is watching patterns for many years thats all, well plus a little xtra and of course I ain't 100%
congrats once again to all those who play the ABSOLUTELY ZERO RISK BUY THE DIPS FOR FREE MONEY SYSTEM $$
I too am seeing a lot of ugliness out there. Not on the SP500 and Dow Jones yet but those are usually late to the party when it's quitting time. Emerging Markets tanking due to oil. R2000 very ugly. China imploding. Market is nervous there is no question. It seems (!) we're topping out, but there are just some subtle clues so far, no confirmation.
MOMO stocks acting iffy. AAPL just dropped 2 bucks. RIMM down 5 points for the day from the open. This isn't looking pretty. Nervousness all around.
"Apple Headlines 1/9/2007 12:27 PM EST Apple (AAPL) headlines are coming in. Jobs says "we're only talking about the Mac today" and that Paramount is a new partner for movies. So no phone, but Top Gun will be on iTunes. Sounds like a fair trade-off to me. "