The time 2 buy is now big rally coming

Discussion in 'Trading' started by stock_trad3r, Feb 28, 2007.

  1. FUTURES ARE UP NICELY ON JOB #'S!!! I THINK THE WORST IS BEHIND US!!! 100% UP ROOM TO GO FROM HERE EASILY: NOW ALL THE BEARS GOTTA COVER.. PAINFUL FOR THEM!!! :D
     
    #131     Mar 9, 2007
  2. Yes, I agree.
     
    #132     Mar 9, 2007
  3. <i>"FUTURES ARE UP NICELY ON JOB #'S!!! I THINK THE WORST IS BEHIND US!!! 100% UP ROOM TO GO FROM HERE EASILY: NOW ALL THE BEARS GOTTA COVER.. PAINFUL FOR THEM!!!"</i>

    Please adjust your charts. Objects in the mirror resembling bear claws may be closer than they appear.
     
    #133     Mar 9, 2007
  4. Very good day today. Where is the deadcat bounce? Hmmmmmmmmmmm? Im waiting for it cause for the past few days all the bears have been predicting it.

    nasdaq up .28% and so is the whole market


    people arent going to let stocks get too cheap cause


    there is tons of earnings and revenue

    no bad news

    the buying must continue cause its time 2 buy

    also high growth stocks will keep going up:

    ma, chap, rimm, bidu, gs, amr, appl, goog, hans...

    Next week will probably be even better

    And 2007 will be a great year
     
    #134     Mar 9, 2007


  5. yeah, I agree that economy is not doing as bad. Let's hope the job report is going to be the same in 4 years when I get out of college. But, I don't know if we should cover our shorts yet. Maybe wait a little, until VIX comes down a bit. You don't want to get annihilated if it picks up again.
     
    #135     Mar 9, 2007
  6. piezoe

    piezoe

    "FUTURES ARE UP NICELY ON JOB #'S!!! I THINK THE WORST IS BEHIND US!!! 100% UP ROOM TO GO FROM HERE EASILY..."

    I recall the bullfight i saw as a young man in Barcelona in the summer of 1957. The bull, though dripping blood and massively wounded refused to die, or even fall to its knees until felled by the Matador's saber.

    We perhaps should be reminded that the market like's neither full employment nor massive unemployment and it especially dislikes rising wages! The employment and wage figures we are seeing now is typical of market tops not bottoms or mid-points.

    In view of the excesses of the past three years, we have not yet had a sufficient correction. There is more to come before the Bull is finally dead and carted off, and a new bull is let into the ring.

    As an intraday trader, it matters not to me whether the market rises or falls; as an investor i am keen to know the market direction -- and i am both trader and investor.
     
    #136     Mar 9, 2007
  7. http://elitetrader.com/vb/showthread.php?s=&threadid=64965&perpage=6&pagenumber=1492
     
    #137     Mar 9, 2007
  8. The jobs report was horrible.

    Let's dissect it.

    "Builders cut 62,000 jobs, the biggest decline since January 1991, after adding 28,000 the prior month."

    "Service industries, which include banking, insurance, restaurants and retailers, added 168,000 workers last month."


    "Government Hiring: A 39,000 increase in government hiring boosted the payroll figures."


    "Manufacturers reduced payrolls by 14,000 last month"


    "The unemployment rate, which is calculated based on a separate survey of households, fell because 190,000 people left the labor force."



    http://www.bloomberg.com/apps/news?pid=20601087&sid=aiEHIhpFASMQ&refer=home
     
    #138     Mar 9, 2007
  9. You are interpreting it as a bad report but the market thinks otherwise

    PLus it really isn't that big of a deal. People enter and leave the labor force. It tends to be clyclical. People come; people go. The unemployment rate has been low for a past few years and will remain so.
     
    #139     Mar 9, 2007
  10. It will take a few days or weeks, coupled with other economic data, to see what the market really thinks.

    Markets react to headlines, but digest the substance behind those headlines more slowly.

    That was a terrible jobs report.

    I am out of consumer discretionary anything.
     
    #140     Mar 9, 2007