Possibility of Market Dump Due to Healthcare Bill

Discussion in 'Trading' started by shortie, Mar 21, 2010.

If Healthcare Bill Passes, This Week The Market Will Move...?

  1. -5%

    33 vote(s)
    28.9%
  2. -2%

    25 vote(s)
    21.9%
  3. flat

    20 vote(s)
    17.5%
  4. +2%

    15 vote(s)
    13.2%
  5. +5%

    21 vote(s)
    18.4%
  1. hajimow

    hajimow

    I am patting myself in the back. I said this when the futures were deep in red last night. Tuesday market might pull-back a little.
     
    #61     Mar 22, 2010
  2. It's not Soetero's fault.Soros knows what's coming and wanted a charismatic Fascist in place.Just wait until you're surrounded by a crowd of kids shouting 'USA,USA!' when you're trying to state that this just isn't how things are supposed to be in your country.

    http://mises.org/books/rooseveltmyth.pdf
    You can download Flynn's book there to see how a murdering bastard can come up smelling of roses.Let's hope it doesn't take a war to hide Obama's coming stink.
     
    #62     Mar 22, 2010
  3. The bulls must have set their minds to keep the market up until the Full Moon (around Mar-27). It is eerie how many turning points have coincided with the full moons. I am too lazy to post a chart, but i have posted many before.
     
    #63     Mar 22, 2010
  4. Holy Crap! SPY has NOT actually reached new highs in Mar! The strong dolla finally caught up with the market.

    The TOP was 3 days ago!!!

    [​IMG]
     
    #64     Mar 22, 2010
  5. notice how in SPY:$USD peaked in Feb-2004 and did not reach new highs for ~10 months.
    [​IMG]
     
    #65     Mar 22, 2010
  6. You also said the recovery is creeping up. Which couldn't be more wrong, in my opinion. But you were right, for the wrong reason. And being right is the only thing that matters when it comes to market direction.
     
    #66     Mar 22, 2010
  7. the stronger USD gets, the lower SPY/USD.. isn't this a good thing? Your buying power increases.
     
    #67     Mar 22, 2010
  8. every good trader knew we were probably going to rally today. we had alot of oversold stocks because of last weeks drops. we also had a gap down so was at least expecting ES gap fill. Based on TA and NOT the news of passing the bill, the market should probably have gone up. Just because it did doesnt mean it couldnt go down. That's always possible ofcourse. But odds were the market going up today. So I laughed at people who thought when the bill would pass the market would "certainly" go down. Yes that was possible imo, but not likely.

    I actually took out an ES long, but also an experimental Euro long. Unfortunately my euro got stopped out in that stupid spike in the morning below 1.35, so i cant speak about having made good profits with htis rally :mad:
     
    #68     Mar 22, 2010
  9. S2007S

    S2007S

    The bill passed and the markets were up, understand that just because the market was up today doesn't mean everything is fine with the passing of this bill, long term many questions still remain.

    Alot of oversold stocks????

    You mean stocks up hundreds of percent in the last 12 months pulled back a whole 1.50% made it a buying opportunity.
     
    #69     Mar 22, 2010
  10. hajimow

    hajimow

    :D
     
    #70     Mar 22, 2010