"Stock prices have reached what looks like a permanent high plateau... I expect to see the stock market a good deal higher than it is today within a few months" Irving Fisher, Professor of Economics, Yale University, Oct 15, 1929
Wow this market is strong, bidders just lining up, sellers just stepping back, and up it goes. Just buy the dips and you to can be successful in this zero risk environment.
I will be getting of this rocket ship right here 10680. Will look for a dip to get back on. Maybe 10650-10630 have a nice day.
My pockets are full, I feel like Granny on the Beverly Hillbillies when she was jumping up and down on that gigantic pillow case stuffed with all Jeds money.
I don't want anyone to get the idea that just buying stock index futures is guaranteed money tree for it is far from that. Under certain market conditions it is easier to make money than others. Always manage your position, never assume the market will come back. I am sorry if I have given anyone a false since that buying any dip is profitable. I use technical analisys to make all my trading decisions, if things are lined up I go for it, and I always use a stop 2% of my account equity. Most here are professional traders, I am talking to a new trader who just might happen onto this thread. forgive me.
Looking at the markets today has really turned my opinion. I was thinking today would be an ugly day. Today in light of $65.50+ oil the markets are still positive! I think that fact alone speaks volumes of the market sentiment today. Oil looks like it due for a cooling off and when it does, wouldn't be surprised to see this market roar forward to new highs. Almost seems like markets are anticipating a pullback in crude.