Once again ET tells you how to fade.

Discussion in 'Trading' started by hairdresser, May 9, 2007.

  1. Mvic


    And there are many shorts who entered yesterday who are hoping the Fed minutes will save them, their covering will add to the ramp up.
    #11     May 9, 2007
  2. yep. when the threads are that the sky is falling, housing is getting destroyed, china bubble, you can never hesitate in knowing that you can buy with safety.
    #12     May 9, 2007
  3. I remember march 14th..atleast 90% of this forum was bearish. A lot of people were predicting a subprime meltdown and the dow falling below 11500.

    Curently perhaps 40% of this forum is bearish, but when the percentage exceeds 75% its time to buy.
    #13     May 9, 2007