Sorry guys no chance for a down day

Discussion in 'Trading' started by myminitrading, Oct 11, 2006.

  1. The short side looks a bit crowded as everyone is expecting it to fall...
    #11     Oct 11, 2006
  2. LT701


    never said i was

    all i'm saying, is that the timing is pretty convienient

    i consider clinton's opening of the strategic petrolium reserve in 2nd half of 2000 to be the same thing, just in a different part of the market
    #12     Oct 11, 2006
  3. station42


    #13     Oct 11, 2006
  4. Hate to break it to ya Arnie, but you're the dope they create these rallies for. Weren't you the same jag off pumping Vegas real estate at the highs? Maybe you should jump back in your Eldorado and get back to the bird doggin
    #14     Oct 11, 2006

  5. Looks ready for a run to 37 for sure, your right when this group is moving up it can carry the whole market.

    Just in time for the elections, 37 next stop mark my words.
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    #15     Oct 11, 2006
  6. S2007S


    what if the democrats take the house, will the markets have an excuse to selloff then???

    This market doesnt make any sense, dont fight the tape, I think its time to fight the tape. Many buying up here forgot what a down day looks like, they also forgot what it feels like to take a profit before everything heads south. With a housing market collapse and a possible recession in 2007 I dont know how anyone can feel like these markets can go any higher. Did anyone not see AA earnings, does that say anything. Too many talk about a soft landing, thats when its time to think the worse has yet to begin in this economy.
    #16     Oct 11, 2006
  7. maybe the market is strong because it looks like the dems will win.
    #17     Oct 11, 2006
  8. my favourite part of this rally (and agreed - be long until market tells you otherwise) is it is being led byt gm. a bankrupt debt bloated company. how american can ya get...
    #18     Oct 11, 2006
  9. S2007S


    Suprised to SEE SMH not participate in this rally like it did back in March-May when it topped at 40.
    #19     Oct 11, 2006
  10. S2007S


    all of the sudden, I have been hearing over and over and over and over that the democrats taking the house would be a NEGATIVE for the markets. Now its being spun as a positive. This is too funny.
    #20     Oct 11, 2006