my, oh, my. you are SUCH an amateur. It has NOTHING to do with oil. When will you finally "get it"? Look at the small caps. They are on fire and within 2 shakes of lambs tail from all time highs. Yes, yes, small caps will lead us higher. Again! Until small caps break the market will not break. I am more than willing to take that bet, small caps have been outperforming for what 3 1/2 + years.. I find it very hard to believe you've been trading since 1983....If you have been, I guess you should be congradulated on either 1) marrying right, or @) inheritance...either way I don't really put much stock in what u have to say..Oh by the way i've had a 3,7,24, since 1990 and a 55 since they came out...how about u streaky?
will be so sweet when market gaps up +5% on jobs number tomorrow... I love 100% up room to go!! I have always had a feeling that you weren't quite as bullish as the 100% up bit, I think you just fence sit..Yes the mkt has been in somewhat of an up cycle, but keep in mind since 11/1/05, we are up about 8% or so...not exacly a rager, I have been long and short..(I have positions, no daytrading here) and my p&l is up roughly 63%, and I have a short bias since last september roughly 65/35 short..I post on this board VEry rarely (1st looked at his thing in early 2001...but it is good entertainment, enlighten me fellas to where i've gone wrong..
Yes but.... usually, its big brother the NASDAQ is not far behind... always watching its back .... but so far ER is in a dark ally talking shit, challenging some thugs... thinking that NQ is right behind it, but NQ is far gone ... nowhere near... when ER turns around and sees this......... bye bye ES and YM. But you are right... ER is on fire... so because of this, its why i said we are in the middle of some CHOP CHOP..... as i said this last Sunday, this week would be all chop and so far i am right. True ES nibbled at 1320... but thats all it was. A tease. I feel a large break coming next week. But the way i look at it... its only 60% chance that it will break to the upside.
I have been in the business since 1989, I know what stocks to short, do you? No free lunch here rookie. Long gold and crude for longer than you've "been trading" I've lost more $ than you will ever make is the easiest way to put it.. I have crapped you're kind a thousand times. I post on these boards when punks like you think you're Jesus, and you know what, you'll get carried out to the trash like every other 20 something who thinks I owe you respect. I owe you nothing, and but the way i'll sell you every spoo you need at 1328 now punk
ok 1 more time for those who have not been in the business since 1999/2000, we are in the LATE stages of a CYCLICAL bull mkt inside of a SECULAR bear mkt.. Yes I know the trannies hit an alltime hi, but the dow most confirm it to make it, and I doubt it will (yes I take bets)...These are the facts, gold is raging (negative) commodities raging (late cycle), rates rising (never good), Massice deficits (infllation + rising rates), yeah the mkt has not cracked yet, but it doesn't matter until it matters...And i'm betting the mkt is saying it will matter very soon