To be a BEAR, or not to be a BEAR!?!

Discussion in 'Trading' started by BlueStreek, Dec 7, 2006.

  1. if oil breaks 64...market goes down; if oil breaks 65 (key psychological level and technical) market sells off harder....markets are psychological as well as fundamental.

    sn p`s have been strong all week....but nasdaq weak......my level is watching the qqqq`s whn it breaks 43.00 to the downside we have entered a new trading paradigm range at the very least....and possibly more.

    I wish on monday though all companies would just merge into one damn company as this monday merger crap is getting on my nerves....enough already.....this happens all the time......it doesn`t tell you anything except these are companies that are having trouble growing organically.....if things were going great they wouldn`t need to acquire growth from outside their existing operations.

    but we will see.....friday will tell a lot.....if there is a sell-off....does it get "saved" by the same power players who manipulated it from being down 130.00 and sinking fast......to 30 minutes later being bought all the way back to only down 29 or so.....that was total manipulation....somebody with a lot of juice, and knowng how to 'work' the markets.
     
    #11     Dec 8, 2006
  2. romik

    romik

    George, is that you?
     
    #12     Dec 8, 2006
  3. bluud

    bluud

    #13     Dec 8, 2006
  4. oil 63.12 looks to be trying another test of 64.00.
     
    #14     Dec 8, 2006
  5. Neet

    Neet

    You guys crack me up.

    A short can only help the stock by covering when he closes his/her trade.

    Initiating the short has no effect in the initial price.

    Please correct me if I'm wrong, I would actually appreciate it, but unless there is something I'm missing, I just dont get this bear mentality, they are buyers too!

    As far as Im concernced, the real culprit are the weak hands.
     
    #15     Dec 8, 2006
  6. not puts:)

    oil 63.41....i guess gas prices will rise......iin sympathy:)
     
    #16     Dec 8, 2006
  7. I asked my magic 8 ball indicator the following;

    "Will the markets sell off today?"

    Magic 8 ball replied;

    "Very doubtful."
     
    #17     Dec 8, 2006
  8. NUMBERS COULD BE TOO GOOD!

    FED CAN`T CUT-----HOUSING GOES FURTHER IN THE TANK

    ENERGY INFLATION UP!
     
    #18     Dec 8, 2006
  9. Arnie

    Arnie

    Housing has bottomed.

    Shorts are doomed.

    100% up room to go!!
    :D :D :D
     
    #19     Dec 8, 2006
  10. Once again the Magic 8 ball continues to out perform popular opinion. :)
     
    #20     Dec 9, 2006