<i>"Its not Weeeeeeee....... its... Yeeeeeeeeeee Hawwwwwwwww"</i> Sorry... forgot about that list of 30 shuffled stocks. Short ER 818.40 = stop 818.40
seems just about time for an exchange outage. maybe a few points down from here, perhaps 815ish on the russell
This is true, and valuations were stretched beyond belief. This rise in the equity indexes is due for a correction dont get me wrong, but I never trade against the trend, thats just a losers game. Here is what starts to happen. The market keeps moving higher alot get left behind because they are afraid to buy because they belive the market must correct first " its just to risky" the market keeps moving higher and these who got left behind waiting for the correction that never came become enraged that the market has made them look like a complete fools, you no like most of the posters here who keep saying just the opposite of what the market is saying. Its frustrating, thats why only professions can buy into a rising market. Just think back at all the top callers like yourself that missed the bulk of the rise because they were left behind. How many points ago did you call a top Volente and said you would leave ET for ever if you were wrong? maybe 800 point down in the Dow, what a shame.
Yep - if MA plunging after earnings isn't a bellweather bear sign, I don't know what is. Massive profit taking now = fear going forward.