How far can the bulls go?

Discussion in 'Trading' started by StockSky, Jul 31, 2009.

  1. So basically you're telling us we could go up or down, or stay in a range. Or we could all be vaporized by an asteroid impact.

    Thank you, I appreciate your useful commentary! :)
     
    #11     Jul 31, 2009
  2. 80% probability ES to 1100

    that's about where the media will front page the "new economy" and every noob will be running to deposit their last 1000 to trade the ES on $500 margin.
     
    #12     Jul 31, 2009
  3. Then we should be buying this dip for free money$$
     
    #13     Jul 31, 2009
  4. Bam, see how easy that was? From a low pre-market to up 50 points. Free money, man. Just keep stops tight for when the stupidity ends.
     
    #14     Jul 31, 2009
  5. noddyboy

    noddyboy

    This thread assumes that there will be a retracement. The bulls can go to infinity given infinite time. We may never see 666 again.
     
    #15     Jul 31, 2009
  6. I don't expect a retracement at this point. Not with sentiment this one-sided and crazy.
     
    #16     Jul 31, 2009
  7. wow..lots of bulls in this thread.
     
    #17     Jul 31, 2009
  8. Too funny... You've comically pointed out why it's a waste of time to try to predict where the market will go next, especially within a specific time frame...

     
    #18     Jul 31, 2009
  9. Indeed. This market made fools out of all the predictors and their predictions.
     
    #19     Jul 31, 2009
  10. Prepare to get long for the afternoon rally again.

    Based on 15 of the past 16 days, buying at noon has been a great move for the 4PM close.
     
    #20     Jul 31, 2009