Sucker's rally here

Discussion in 'Trading' started by detective, Aug 17, 2007.

  1. The US economy is up sh*t creek. The dollar is going to hell in a handbasket, you have global stock markets all near all time highs after big runs from 2003 to 2007, home prices are going down, oil is above $80/barrel, and there are way too many hedge funds chasing the same cheese with the same mousetrap. Many are quant based and are just pushing buttons on programs and buying and selling like robots.

    If this isn't a recipe for disaster, I don't know what is. Get your crash helmets ready, we are in high altitude!
     
    #51     Sep 18, 2007
  2. I'm all in short and put my trading helmet on. Are we ready to crash now? I sure hope so, otherwise I will be broke soon!!!!!!!!!

    "Just a suckers rally on low volume."
     
    #52     Oct 5, 2007
  3. I'm having a nice tender BEAR STEAK tonight, medium rare:

    [​IMG]
     
    #53     Oct 5, 2007
  4. S2007S

    S2007S


    Are you really short Makloda?????????


    You were very bullish these last few weeks.

    Im holding one long, the rest are inverse ETFS.

    TWM
    QID
    DXD

    Sold my QLD today and SSO for some profits.

    Market is getting out of hand at this point. ITs up over 1500 points from its August low. Time to sit this one out and wait patiently for the next 3% "DIP".
     
    #54     Oct 5, 2007
  5. Served at "Le Benardin" in New York !=>


    [​IMG]


    Bon appetit monsieur !:D :D :D
     
    #55     Oct 5, 2007
  6. I take it you're paying, then count me in!!!!!!!!!!!!!! I love bear steak, especially with fresh juice dripping from it.
     
    #56     Oct 5, 2007
  7. You are welcomed ! Just need to convert some EUR in USD ! ;=)

    :p
     
    #57     Oct 5, 2007