So what will send this rally over the cliff?

Discussion in 'Trading' started by etfarb, May 14, 2013.

  1. Josef K

    Josef K

    This morning's ISEE equity readings:

    9:50 231
    10:10 313
    10:30 295
     
    #131     May 22, 2013
  2. TILT2

    TILT2

    News doesn't matter. What he said doesn't matter. "They" just lifted the market when he speaks. Sometimes I even think he is a role of the opera. The market goes in the orchestrated or more precisely, predeterminedly computerised highly-programmed way. That's why the market can go up for so long with not much volume. And it works in both ways. Whether it will go up or go down, it only depends on "their" will. I hope you understand what I mean. Personally, I think any one who is still buying now is pulling chestnuts out of the fire -- gaining profit in risk.
     
    #132     May 22, 2013
  3. pfranz

    pfranz

    Of course I understand, as it is exactly what I think.I was just laughing at the theatre they put up.
    I put news in quotes as manipulators know these data well before they are published.For them, they're "olds".
    I write these things for fun.
    And just for fun, me too I make my own "top call":today (or in the next few days) we hit a serious top.
     
    #133     May 22, 2013
  4. TILT2

    TILT2

    Numbers are fake. They put up whatever they want. If they want to creat a correction, they put up a bad number and vice versa. Having said that, numbers are only be used to justify the price action.
    Actually the market has already been programmed to go that way.
     
    #134     May 22, 2013
  5. neke

    neke

    looks like the expected reversal is in progress now
     
    #135     May 22, 2013
  6. will848

    will848

    I've been calling top every day for over a week.

    Yes all that is needed is the FED to hint of an end to this bond buying madness. Once he starts doing it, the markets will sell.
     
    #136     May 22, 2013
  7. Maverick74

    Maverick74

    Equity ISEE printed over 300 for the 2nd day in a row this morning.
     
    #137     May 22, 2013
  8. Maybe, but we've all been fooled before:confused:
     
    #138     May 22, 2013
  9. clacy

    clacy

    Market could get a little rocky here if they really end up tapering in June.
     
    #139     May 22, 2013
  10. etfarb

    etfarb

    Maverick,

    Can;t believe your call on the Russell

    It broke the 100/1000 mark and then got the party started

    Somethings up
     
    #140     May 22, 2013