Is DOW 11,000 A Bull Trap?"

Discussion in 'Trading' started by shortie, Apr 9, 2010.

SPY Next Week

  1. Bullish

    37 vote(s)
    33.3%
  2. Flat

    14 vote(s)
    12.6%
  3. Bearish

    42 vote(s)
    37.8%
  4. I prefer to keep my opinion to myself

    18 vote(s)
    16.2%
  1. very well said. however, let me elaborate one thing. Bernanke and his associates are not concerned about bubble, or whatever. All they care about is how they can take more profit. we are traders, right?. just by looking at the charts you can easily see what I am talking about.

    First, take everything down, force people to sell their assets
    second, make sure everyone thinks that sky is falling, and if we don't give money to the banks, we will all die
    Third, Hurray,.. My brothers now you have free money and everything is cheap, lets have a buying celebration.

    can you find any better business plan? LONG live fed, Long live GS :D :D :D
     
    #71     Apr 14, 2010
  2. that will be a top signal if ever there was one.
     
    #72     Apr 14, 2010
  3. JPM beats. China leaks 11.9% growth in prior quarter. Retail sales just beat expectations.

    You can't beat a rigged market. It's going up, up, up.
     
    #73     Apr 14, 2010
  4. buylo

    buylo

    Dow changes constantly........not the same index as it was 3 years ago. No Citi, GM or AIG.
     
    #74     Apr 14, 2010
  5. two great earnings reports and the market is up only 0.5%. it can't even break through the open. a red day is still a possibility.
     
    #75     Apr 14, 2010
  6. LOL! K.
     
    #76     Apr 14, 2010
  7. S2007S

    S2007S

    Financials continue to move higher, all at intraday highs right now.

    There is absolutely no stopping the financials as the bailout has given them tens of billions of dollars worth of revenue and countless opportunities to make billions more moving forward.
     
    #77     Apr 14, 2010
  8. S2007S

    S2007S

    Im noticing a tiny little weakness in the REITS/real estate stocks today, something to watch for this afternoon.
     
    #78     Apr 14, 2010
  9. Red day looking more and more likely.

    Wait, no it doesn't. :)
     
    #79     Apr 14, 2010
  10. Cramer is bulling Dow 12k. Be careful out there...
     
    #80     Apr 14, 2010