The coming bear trap

Discussion in 'Trading' started by makloda, Jun 7, 2007.

  1. We had a beautiful thread up here Feb.27 when many bears got a little overexcited and burnt in the process. Now, why don't we watch the fate of the bears in this move down. I have a feeling that many will get a little too excited and might start shorting aggressively prematurely and get burnt in the process.

    I bet odd lot short sales % will soar this and next week and that's usually a good counter indicator.. Will post the data when I have it. Good luck everyone playing the market :)
  2. Who knows.

    The usual suspects will certainly be hoping you're right.

    They are out of pocket by around 200 dow points at the mo....

    good luck one and all!
  3. So now you're predicting?
  4. Are you selling or buying here, mak?

    Just curious.
  5. He's talking here.
  6. Nah, just a gut feeling. I don't trade on them. Been wrong more often than not.
  7. So why the predicting title? :confused:
  8. markets def oversold

    good luck
  9. Hard to say this when the market has been overbought for...oh like two months now.
  10. Good luck?

    Look in the mirror there, sport. :p
    #10     Jun 7, 2007