Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. <i>"it's likely that whoever wanted to sell did it then "</i>

    Likewise, everyone who wants to be long is filled to the gills right now. That's why breakout attempts get sold into rather than continuing upward on accelerated volume.

    The longs are fully loaded to their gunwales. Every now & then we see a short squeeze to new highs, which fails. Eventually the gunwales will be swamped, and downside correction will be dramatic, if fleeting.

    When they take 'em down this time ahead, it will be something to behold for nimble traders :cool:
    #971     Feb 12, 2007
  2. ammo


    if the funds are long and we stay in this channel ,maybe it'll go back up
    #972     Feb 12, 2007
  3. <i>"maybe it'll go back up"</i>

    But not forever. When the time comes that dips have no bottom, plenty of traders new to the game since 2005 will be in for a real learning experience.
    #973     Feb 12, 2007
  4. Exactly.

    Nothing like a cold dose of reality when one learns that the 'dip' they bought was a mere indentation in the quicksand.
    #974     Feb 12, 2007
  5. The "New Era" theory, which was also popular in the U.S. in early 1900's, 1920's, 1950's, 1960's and 1990's.
    #975     Feb 12, 2007
  6. Don't forget the 'flat earth society.' :D
    #976     Feb 12, 2007
  7. S2007S


    anyone buying this dip?

    no trades yet.. market boring today. Happy to see GOOG back down, this stock is headed below 400 this year.
    #977     Feb 12, 2007
  8. 50 NQ long :p Overnight baby :D
    #978     Feb 12, 2007
  9. Beware,... the........ 'meme' commeth!
    #979     Feb 12, 2007
  10. S2007S


    This day looks like its going to the bears, i know i may be talking too soon but it looks like the chances of these markets turning green are 5-10%.

    Waiting ever so patiently for the NDX to break 1700
    #980     Feb 12, 2007