I prefer to be a straight up daytrader, I trade what the market offers and can sleep at night as I am always flat. I make a hella of lot more than you buy and hold bozo's % wise, all that risk for such a small gain. I'm sure you'd be happy with 25% a year, such a suckers mentality. Last year, I took my 20K account to over $378,000 with zero overnight risk. You sit here and pray and hope and try and pump the mkt up on ET. I could care less, up down doesnt matter. Just not sideways for too long. Eventually your permabull mentality will crush you, it may not be in the near future but when it does you will be left reeling and shellshocked. Just remember that you were warned. Thinking too much on either side is killer in this biz. Flexibility is a must.
He's mistaken brain(lessness) for bull(shit) and made $12 in the last 6 months...sense is not within the potentialities of that mental midget's ability. Everyone has tried, are you "THE ONE" who can make sense make sense to stock_turder? God speed man!
I don't think funds like Renaissance that are basically long with little cash reserves will be buying dips. No, once this parabolic breaks on a weekly swing low the boxes signals will be sell and sell short. Just a game of chicken from here on out. Big swings, chop you up or make you very wealthy. This is the same scene from previous tops where Joe Sixpack dies a horrible death being sucked into the vortex with no escape. Panic, smells like money.
Or um maybe not... Markets are up very nicely today. Dow is up .62%...gained back a good amount of its loss yesterday What this shows is that the bulls aren't done yet and they wont let this market drop The buyers are stepping in after the panic selling yesterday. Will monday be different? Maybe, but todays action shows conviction in the bulls