Look, Im not going to call you any names or make fun of your position. I just want to understand why you feel its your job to tell us all this stuff about how strong the market really is? The passion at which you go at it would indicate that you take this stuff very personally. I am just wondering why, what do you have to gain by continually trying to ease peoples pessimism?
Weird for exposing our deep love for our national pastime of pessimism. [/QUOTE] You are the guy I would want next to me in a fox-hole on the battle-field. However, not the guy I want running my war.
Seeing how January 2008 was my best month ever I have little to be depressed about. I'm not going to abuse you because then you win. You are sick, sick in the head boy. Fucking sick.
Day, thanks for answering my question in the other thread, but I am still perplexed. Jim Cramer HAS to be positive all the time, his viewership is the unsophisticated type that does not have the time or brains to trade from both sides. I don't get your bashing traders that do. It seems like you have an axe to grind with the goldmans of the world? Why? Thats what makes a market. If there were no sellers (short or long), what kind of market would that be? It seems to me in a capitalistic society such as ours, there are going to lots of hiccups along the way. Good traders (capitalists) wil take advantage of that, whats so bad with that?
Oh yeah, I forgot to point out that the financial system is in trouble at the moment. If you try and dispute that, we don't have much to discuss.
day7793 are you a guy who actually trades for a living? or just some guy with a 100 shares of SPY in his etrade account and constantly shuffles the percentages of his 401k mutual funds around and blames everyone else for his bad decision making? Seriously if you a relying solely on the fed and bush for your trading decisions your f*cked btw I will know which one you are if you only insult me without answering. And before you ask I have been trading for a living for the past five years.
So how about some info - like how high the DOW will go in the near-term before if sputters or stumbles... Like, say 12960 or something like that - from your system or just pick a number and show all those pessimists what-for!!
But that's not what you're doing. The fact is that most people are essentially optimistic. It's only many guys on here, on this one website, that have a bearish bias. What you're doing in this thread is mistakenly claiming that negativity and stupidity = horrible January 2008 for traders and investors. You have been shown that you were incorrect. In fact the market movements are quite logical given the conditions that exist at this moment in history, whether you think they are overbought or oversold. Traders of course loved this market and made huge amounts of money (except for you). Investors who don't understand the markets are probably worried. But you're still here making very strange comments about turds and collecting them.