Horrible recession: Why are steel stocks breaking out?

Discussion in 'Trading' started by makloda, Apr 4, 2008.


  1. Market closed above 1375 at 1390. Now come back and join the longs or get skinned live trying to short the rallies which are just too damn powerful with stocks clocking $8- 90 in a single session.

    You ain't seen nothing yet! Another big white candle up the ------ please? Is that what you are asking for?
     
    #61     Apr 18, 2008

  2. This is how losers talk. End of story.
     
    #62     Apr 18, 2008
  3. Exactly Frank, the point that I was trying to make was that steel stock charts 'painted a different picture' of the (world) economy than bonds and paranoid financial media articles did, at least at the time when I started this thread. I think the CAT, HON, UTX earnings and calls this week went in the same direction.

    That's all. I guess it's too hard for some people like day/hedgefundtrader to understand. He's a psycho.

    Enjoy your weekend, we'll see in May if the bulls finally grew some balls or are still looking for them.
     
    #63     Apr 19, 2008
  4. Huh? Do yourself a favor and don't catch HedgefundTrader2's psycho virus.
     
    #64     Apr 19, 2008
  5. STEEL stocks are up based on a weak dollar.
     
    #65     Apr 19, 2008
  6. #66     Apr 19, 2008
  7. dman666

    dman666

    Who cares why they are up, the main thing is that they are going up.
     
    #67     Apr 19, 2008
  8. Instead of focusing how to make money MAKLODA is focused on the negativity, doom and gloom.

    Why are people so negative? Why in this land of plenty? Has not your government done enough for you already?
     
    #68     Apr 19, 2008

  9. He is a psycho. Sure. Only depressed negative idiots who had imagined a " recession" can talk this way. According to them the whole world should have come to an end, but did not. There is this market that keeps going up and up with rallies back to back. They wonder why the market is not depressed and gloomy like they feel?

    They measure that all stocks should be going down so they can short and take revenge, but steel stocks, fertilizers, mining keep handing him down his losses. His SPY puts are going worthless and he is mad!
     
    #69     Apr 19, 2008
  10. Easily the stupidest poster on ET...
    recession = 3 consecutive months of job losses...FACT
     
    #70     Apr 19, 2008