So if the s$p breaks above 2000 you already missed the last 100 point upswing from 1900 to 2000....you should have gone in with say a 1/4 of a position ....I can guarantee you that if you buy at 2000 you will see some gains but its going to come right back down...you can buy at 2000 this week and ill be able to buy the s$p right back.under 1950...I.would be selling anything above 2000 and would be going short heavy at 2100-2150 if it does get back up there. There is zero leadership in this market....ZERO ...
Nope, you can't guarantee anything. Don't feel bad, no one can! 80% of the time it will come back down...but that is not my concern since i have a stop. My concern is the 20% of the time it DOESN'T come back down...what the hell do i do then if i am not in?
The problem I have with these markets right now is this september fed meeting, I can almost feel that there is 0% of a fed rate hike coming but I have no clue how the market will take this, I feel it doesn't matter what they do the market is still going to spring higher. I feel if they don't do it then they know for a fact it happens in December and the markets cheer and I know if they do move say a 1/4% the markets will cheer knowing that the fed has finally moved and got the whole "are they going to move or are they not going to move mentality" out of the way!
GUSH is GUSHING AGAIN, up close to 8%, now above $15.00, I bought in around $13.50, think it might be time to take profit however I feel its headed higher....
HOW COULD ANY FOOL THINK THIS IS POSITIVE, more chinese stimulus HOPES!!!!!! WTF, this is getting just insane.....this whole market is losing it, STIMULUS is everywhere, one big fat fu%king printing machine is keeping every world market afloat....its going to be really sad times when this entire world economy collapses..... TOP NEWS & ANALYSIS Stocks rally at open amid Chinese stimulus hopes Major averages jumped as positive comments from Chinese officials kept alive hopes of further stimulus measures. • China 'credit event' coming: Chanos
OUT OF SVXY at $49.75!!! OUT OF GUSH at $14.75!!! nice % profits in both.... 9.25% gain in GUSH 8.40% gain in SVXY Will buy back SVXY under $40 Will buy back GUSH under $12.50