Market Outlook

Discussion in 'Trading' started by GrandSupercycle, Feb 2, 2011.

  1. DOW/S&P500 is tracking sideways once again suggesting that short covering rally has lost momentum.
     
    #111     Apr 7, 2011
  2. ElCubano

    ElCubano

    Another earthquake off Japan...7.4... quick tank
     
    #112     Apr 7, 2011
  3. Buy the dip .. Free money :D
     
    #113     Apr 7, 2011
  4. S2007S

    S2007S

    Notice how much more volatility and push and pull there is when the market is down vs. when its higher.



    :D
     
    #114     Apr 7, 2011
  5. S2007S

    S2007S

    Markets almost green again!

    That last hour WAS the BEST buying opportunity in about 2 weeks, looks like were going to have to wait another 2-3 weeks until we get that next .54% dip!!!!!!
     
    #115     Apr 7, 2011
  6. Looks confirmed now:
    'DOW/S&P500 is tracking sideways again suggesting that short covering rally has lost momentum. DOW futures last 12,343'
     
    #116     Apr 7, 2011

  7. Please continue with your "DOWN" theory, we need some entertainment here anyway.

    Agghhhhhhh.. I almost forget you are trading Paper Account
    :D
     
    #117     Apr 7, 2011

  8. I agreed, this is one of the best opportunity we have for the last two months.. Just close half of my SPY Call position and let the another half run with trail stop, free money really :D

    Sometime I just wonder why the herd are so dump, 7.x quake in Japan is completely nothing after that big one two weeks ago, all the damaged had been done and what sort of "additional" damage you expect to happen for this "supplementary" one ? People already left the place, all the road/shop already damage anyway, nothing leave in the coast area ..

    The rise in rate in EU and the Portugal thing only move the market higher !! This mean we don't have any seller in this market.

    The politician are smart enough not to let US gov shut down, so the bill will pass tomorrow and the market will head North.

    My 2 cents.
     
    #118     Apr 7, 2011
  9. S2007S

    S2007S


    Yea I dont think there is going to be a shut down, the last minute they will come up with some solution!!
     
    #119     Apr 7, 2011
  10. Time for food, closed the other half of my SPY Call position with tiny profit, I believe the market will up soon but my stomach is down, I am happy with the profit on the other half of my SPY positin :D
     
    #120     Apr 7, 2011