did you really think the dow was going to jump another 3%, This is a bear market, 12k is coming again, same thing happened last time, all you need is a bank with more writedowns and you will easily see 11750....TMA is having more problems, they are trying to raise $1 Billion, who knows whats going to happen with them, if BSC can disappear anybody can....
Yes, keep making the same bets. Markets repeat themselves identically over and over again. This is easy money. Just short every rally for the next 10 years. It's as sure a bet as tech stocks in the 90s, real estate a few years ago, etc. Seriously, when you have a bunch of newbies on discussion boards asking how to short, or bragging how much they've made shorting inverse ETFs for the last 3 months, you know it can't go on forever...
I might be colorblind, im not sure. But the candles today were red mostly meaning down. I'm confused, did the fed not cut again yesterday? Man, bad price action considering.
Quote from HedgefundTrader2: You seemed not to understand Technical Analysis much ? I cannot help. Just keep trying to short rallies and scalp that's your best option. " hey stocktradr3,hedgefag2,day7793/gay7793....you are an idiot 13 yr old....only a fool would fall for yesterdays sucker rally.... the 400pt goin was on below 50% volume...duuuhhhhhh...guess u dont know Tech anaylisis much huh....go suck on yer mamas breast.
"The economy is sound" hmmmm, where have I heard or seen that quote before? 1974? 2008? 1929? Today is just to suck in the bears and make them short more. Everything is going great. BUY BUY BUY I was going to take out a home equity loan but the bank wanted a new appraisal on the house, and they wanted to see my tax returns for the last 3 years. Unfortunately I am under water on my mortgage and lost my job. I would have put that money into March qqqq calls today. We will make a mint tomorrow. What is with the banks anyway? How come they won't just give us the money if we want it? One of them told me his balance sheet had been "impaired". That he would not be able to lend as much as they could previously. That is if they really wanted to lend anyway. I am so hoping the government takes over the economy. It would be nice to have some stability. Let the rich pay for every thing. They can afford it. At least for a while.
Fed days tend to reverse themselves. That is, they often give back gains (or make back losses) the next day. This has gone on for years.