what are you guys talking about? I said nasdaq down 25===it was down 27.00. I know the dips are going to be bought up, i only predict where the selloff goes to, as that is where I make my trades at the sell-off points. I was right, i sold my puts.......again for the 7th time, you idiots let me buy them back again. (at the same exact price after making 2,000. the damn puts have now made me 13,600 in about 4 weeks). i was even able to sell my yahoo long i bought too high for a .10 cent profit b/c of this stupidity.....i shouldn`t have bought them, but I cannot resist as that is one stock given the current price madness valuations that is under-valued. I look to buy it back 25.90 or cheaper for a nice long trade. you couldn`t ask for a better predicter, just the big sel-off hasn`t happened yet....but look at the 1 month chart of the qqqq`s....and they have broken down.............the dow and snp are too easily manipulated for the near term----i predict some-day in the next 4 weeks we will see a 200 point selloff in the dow. you notice i didn`t say anything about the dow in this threads title, i have this market down cold: the dow and snp are soooooooooooooooooooo easy to manipulate-------and those aren`t going down til goldman sachs wants them to (they have the biggest sell program connected via computer directly to the exchange and on the bad news alone if they wanted to they coulld have sent the dow down 200 today!) they didn`t so we get the dip buying programs of every trader, and hedge fund and everybody and their cabbie who knows the routine by now. But people just don` get it, the cpi ws the anomaly, the ppi was correct. Gas prices were higher, and they have continued to go up each week, fuel surcharges will go back into airline tickets, tuition and medical don`t ever go down...........people see what they want to see during the x-mas rally. however: 1) housing still more downside 2) inflation getting worse 3) fed will have to raise rates 4) economy slowing 5) corporate profits to slow 6 oil going higher hello, all these are bad for equities, the economy, and your precious longs as soon as goldman turns the sell programs on--which will probably be in january--but with this news they should have done it today, but the one thing you have to know about the stock market, is that it is crooked to the bone. you don`t think gs pays all their operational expenses, regular salaries, and on top of that has 17 billion to hand out in bonuses by accident, hardly, they wait til they are pefectly positiond to short this thing all the way down! You can only take that kind of money out of the market if you are CREATING THE MARKET, i.e., you decide when it goes up on good news and when it goes down on good news and vice versa===get a clue, the big brokerage houses are all crooks, even got that guy fired at the sec who wanted to investigate john mack for giving away some inside info---all of them are total crooks! its the jewish mafia at work!! ever notice only jews head those firms upper management positions---get a clue, its no different than how they manipulate the diamond industry, fur industry, etc. when you have a monopoly you make the rules
BS (hmmm..... no pun instended) you are forgetting the US economy bleeding due to the Iraq war. IMHO not that much different from Germany pre-WW II. In other words the US government needs to keep on printing the money until everyone is just pulling out of the US dollar because it ain't worth anything and the notes are not even good to wipe your behind with. You may blame the Jews but this is always the case: the "havenot's" will always blame those who are prudent and accumulate assets, be this the Jews, the US, the Fench elite (Napoleon with his French revolution), Pol Pot, Mao, Stalin, Mugabe in Zimbabwe etc etc. It is always the same. Eventually the whole card house will come crashing down big way because the US has no industry left with any economic value added. (and has not for a long time since the collapse of the computer industry). But the big question is: WHEN? Just like Livermore you can be correct but too early and be broke by the time it arrives.... Maria
When all else fails play the jew card. Stockmarkets have been manipulated in the 20's before Jews entered the trading profession.
I am not worried about singling out one group, it just is who has the power right now: and I don`t think we have the correct checks and balances in the system. any monopoly is bad for consumers, and retail traders are consumers to their businesses. I know all people manipulate, cheat, steal, make markets. But right now we have a power elite based in new york that just happens to be jewish that is far too chummy and insolated for the promotion of reasonably fair markets. I have been following markets for awhile, and under normal circumstances one of these events woud have had the markets sell off 50 points in the dow: 1)highest ppi jump in three decades. 2) asain currency crisis 3) bad housing numbers 4) poor earnings and forecasts from oracle, circuiy city, hovnavian 5) fed fisher really talking hawkish during the middle of the day not only did all those things happen Tuesday, but the dow would only go down 28 points, and then on NO NEWS whatsoever rallied to being up 40 plus points. And the nasdaq was so weak but when the snp 500 and dow will just only fall so far "because they hae a built in floor under them" that traders feel free to buy the dips when under normal markets this has some risk associated with it.....and eventually it will again......but my contention is that it is completely "manipulated" by the power brokers on wallstreet who decide when this dip buying will have risk and when it will not---they decide and then everybody else just jumps on board. But these are not healthy markets, and definitely not free and open markets, as they can be subject to such easy and coercive group buying and selling. It is obvious during this run that markets are not reacting normally, and it is apparant that big firms are getting together implicitly and agreeing implicitly not to sell off this market until an agreed upon time "when they will all participate at the same time"! And this is not a healthy thing for markets in general. This is the same thing that causes lack of confidence, and financial crises in markets when these artificial bubbles collapse because they weren`t operating under "healthy" market forces where bad news is being reflected in stock prices commensurate with good news. If bad news is ignored, and good news is rewarded, eventually there will be a heavy price to pay when the market has to play catch up to all the things it has been ignoring for the purpose of this artificially controlled x-mas runnup.
so coach, at this point in time if you were to partial hedge a spx credit spread; you would buy spy puts over any other combo?
just to let you know, you are guilty of the same crime -- you focus on certain news, and ignore others.
bluestreek, if you don't like the way dow, spx are behaving then why don't you find a market that is behaving in line with your expectations. For example forex. eur/dollar is behaving as it should fundamentally, that is, trending against the dollar. Maybe some big players on wall street can manipulate the dow, but as far as I know the forex market is too big for anyone to manipulate.
It doesn't really matter to Blue. I know people like him/her. They are hater/underachievers. They sit at home and think they're smarter than everyone else. Everyone is stupid except for them. But what they can't reconcile in their own minds is why aren't they rich. Here they are, surrounded by stupid people doing stupid things yet they are poor and ignored while others are getting rich. He'll try a few things and "speculating" (he sure isn't trading) is the latest. He comes up with some arguments as to what should happen in his own little mind and convinces himself that he knows. He'll put on a position and when it doesn't work out, well, it must be market manipulation. It must be the Jews or whoever. It sure can't be that he's wrong, afterall, he's smarter than everyone else. He's a very frustrated and angry individual who focuses on the negative. He'll never make a good trader because he can't get his head out of his ass long enough to see what's actually going on. Here's hoping Blue can let go of the anger and move on. Once again, he's been wrong.