nope. Dollar is going to crash, and oil and commodities will surge. This is good for large cap tech, commodities, multinational, energy stock- the same leaders in the 2002-2007 bull market. The leadership won't change. Financials, transports, retailers, home builders may see a short term pop but the rally will fizzle. Dow up 9 points, and volume starting to pick up. We could easily end the day up 200-300 points. Suggest covering now, unless you enjoy losing money. edit: now up 23..hang on tight..up 32 ...
LOL. I love it. ET is always entertaining. I also agree with this sentiment. Robbie380, you've made my day. Thanks!
Best time to sell is always after a big up day like yesterday. Will close lower today, even if it ultimately makes it up for the week.
Um yea that would have been a bad strategy on November 21st. Sometimes the market sells off after big one day gains; other times it locks them in.
Difference is that Nov 21st did not break previous day high. You got to distinguish over bought versus bounce from oversold.
I made money after hours last night and I am making money now since my call. That is the difference between you and I.
It's really hard, and I've obviously not been able to do it yet either with this guy, but if you just ignore a troll they always go away. One way conversation gets very depressing after awhile. So, from this point on I'm not going to ever reply to stocky, and if you guys are truly sick of him on this site and want him to go away you will do the same. I know its against our human nature to just ignore an annoyance, but its the only way to make this kind go away.