congrats i am happy for you; that's a hefty return for a fund and we are basically half way trough the yr. with another couple of good trades and a little bit of luck you may bank twice as much or more before yr end. i am still bullish, worthless dollar and two wars to fund should push the market further up. 18r
Congrats man, but if you make 50% for the year then the hookers and blow are on you And they better be high priced ones, every now and then when the market hands out money i like to pretend i have class.
it's a long term view...i think market will stay in its trend for another yr or so. for now i agree with your analysis lower prices await us..and the poll results sure are telling. i also feel something's not right and you could nail this big time; not wise to bet against you, especially now. let's see what happens...possible we bottom lower after a lower high and then resume trend for good. you think market is done for good ghost?
lol actually i have not traded since Tuesday, taking care of some more important stuff, but its one of those days where you look back at the market and think to yourself god im an idiot for not being there. Anyways i think we got more downside here, i can not see the markets going up, im starting to see articles like from one site that says "market pricing in rate cut 100%" lol that tells me the next fed decision is a tripe sell going in to it. How bout you, howd you make out?? really all i am is a day trader i just really want the volatility to stay, market is just handing out money lately.
just couple of trades as i also was busy with other stuff. agreed it's an ATM. look at the spoo-mini and that liquiidity coupled with these moves...makes your mind take off just thinking how much shit is out there for the taking and that lot of it really can become yours. hope it stays as well, just started to trade ES and the least i wanna make it my bitch before vix go back to 10.
Yes. I strongly believe the 4 year bull market is over, the S&P has made a long term double top (2000 & 2007), and I believe that the S&P won't see a new high for many years. This belief was the impetus for me to start this other thread, alittle premature, but extremely accurate. http://www.elitetrader.com/vb/showthread.php?threadid=94442 good trading amigo !
Absolutely impossible for this to be the top for many years. Stockturder3 is on margin and buying this dip. There is nothing to worry about. A 3% drop in one day is nothing. Sub prime is overblown. Nasdaq 5000 is just a stones throw away.
ghostzapper continues to call for more red every day. it's amazing how free money is being thrown the ghosts way. and it's amazing that others would rather lose than follow the ghost ! Ghosts record speaks for itself, if there was ever a situation where past performance may be indicative of future gains, this is it !