Had to post, Shanghai down 2.77%

Discussion in 'Trading' started by S2007S, Apr 18, 2007.

  1. lmao.

    Choppy market. It does suck.
     
    #11     Apr 18, 2007
  2. Very beautiful red numbers across the board tonight. Tomorrow could be my wet dream if it carries over but you bulls will just prop it back up.
     
    #12     Apr 19, 2007
  3. S2007S

    S2007S



    its not different. As soon as the fools see a down day they look at it as a buying opportunity because they are afraid they will miss the run to where ever its going. Its going to take alot more to get the dow down to the point where a bear becomes a bull and a bull a total bear.


    The markets will most likely open down, trade a bit lower than make a run into the green. Its up to google to keep the rally intact going into the end of the week.
     
    #13     Apr 19, 2007
  4. You are probably right, but I saw a piece recently about how this is the longest stretch without a 10% correction in about 80 years. Anytime now...it's almost May :D
     
    #14     Apr 19, 2007
  5. Aren't the fools the one making money the past YEARS or so?
     
    #15     Apr 19, 2007
  6. S2007S

    S2007S


    Agree with it all,

    only thing I disagree with is the 15% sell off. Reason being is because by the time you realize its been a 15% sell off and you go short it will be tooooo late. You may grab a few shorts here and there, but you will probably miss out on 75% of the drop.

    Same thing on the upside. Everyone says July was the time to buy, the reason its so easy to throw that around is because all you need is a historical chart showing that July was the bottom. Rewind back to July and I bet 98% of traders were on the short side and ready to short any rally. Do you really think people were as bullish as they were in July of 2006 as they are in April of 2007. There are more bulls here at 12800 than there were at DOW 11000. No one thought that by April, the Dow along with every index around the world would be at record highs. No one can time a market prefectly.

    How about fast forward to November 2007 and will pull up a historical chart and look back at where we are now, how could anyone determine that this is the top, your only able to determine anything after the fact.
     
    #16     Apr 19, 2007
  7. S2007S

    S2007S

    This
    Updated 04/18/07 11:02 PM

    Contract Last Change
    CME E-mini S&P 500® 1474.00 -625
    CME E-mini NASDAQ-100® 1839.75 -850
    CME E-mini® Russell 2000® 823.80 -420



    Will be this by sometime tomorrow:


    Contract Last Change
    CME E-mini S&P 500® 1484.25 +400
    CME E-mini NASDAQ-100® 1854.25 +600
    CME E-mini® Russell 2000® 831 +300
     
    #17     Apr 19, 2007
  8. [​IMG]
     
    #18     Apr 19, 2007
  9. That's 20 minute delayed. It's down a mere 346 now. :D
     
    #19     Apr 19, 2007
  10. S2007S

    S2007S


    needed a nice clear chart like that, :D

    As nice as it looks why do I have this feeling it will be above 18,000 in the next 2 weeks....
     
    #20     Apr 19, 2007