Gotta love this market!

Discussion in 'Trading' started by bonds, Sep 7, 2012.

  1. bonds


    Yesterday the market pops on stronger than expected employment on the ADP.

    Today the market pops on weaker than expected employment on the jobs number because of QE3 hopes.

    Cant go wrong in this bull market!!! BUY BUY BUY!!
  2. your on the money. the market does not look at the economy it is totally focused on fed and other national banks free money. its like the stock market is a welfare state for the rich.
  3. bootize


    Yup... Been portfolio long since last November. Done well, but the market has clearly become a total degenerate stimulus junkie.
  4. hayman


    The higher this thing goes, and the more this rubberband is stretched, the harder it's gonna fall, when it does. The big question is when, not if.
  5. luisHK


    lol ! What happened to Grandsupercycle ?
  6. The jobs report... ADP and the Government reports were mostly unimportant and a non event that didn't effect the market.

    The real news was pre market Thursday when the ECB agreed upon unlimited sterilized 1-3 year bond purchases of Italy/Spain debt.

    All that you saw intraday Thursday/Friday was leftover momentum from the European news.
  7. yes, since 2009 it has been what we call a "secular bull market"

    4 years is about the average life span

    longterm, I am still long

    but many nimble traders are already starting to trade from the short side only