LANDIS said he got long at 713. what the hell happened to that maniac? is he on top of a building and ready to jump? how could one man be so wrong,i need to know...
Landis is a logical person who studies fundamentals and other such stuff. He is obviously not a trader, but an analyst. I dont know what his background might be, but its obviously not trading.
Do any bulls believe in DOW 6000 or is just another joke to them, because I remember in JAN 2009 when the dow was at 9000 and every bull was cheering as if the market was headed for 14k, never happened of course, anyone who thought new lows on the markets werent going to occur once again were very foolish. New lows are here, the nasdaq is approx 3-4% from touching new lows and I believe until this index touches new lows were still headed further down. It is feeling like the market is just ready to give up completely, and fall 6800 points but of course we all know markets cant go to ZERO, RIGHT? Well anyway being the big bear that I am I feel a small rally in the making, I am worried about the negative job numbers due out on Friday, but I still believe a trade to the upside is there after all the selling has just exhausted itself out completely. Another positive for the market place is an end for M2M regulations and maybe even eliminating capital gains long and short term for the next 1 or 2 years, that could create some interesting market conditions. Everything they have done so far to this market has done nothing but put fear into it, I said months ago that low interest rates and bailouts were the worst they could do, another thing is that saving AIG for the 1000000th time is not the way to bring about a strong market environment, they should let AIG fail. The only thing that will save this market is plenty of time.
load up on them ES contracts we could regain all of todays losses tomorrow futures ramping 700.82 709.5 4.00 700.22 709.5 9.28 +10 points almost..
you also forgot to add the virtual points, n00b up 10 points actually the 2002-2007 bull market beganwith a 10 point rally in the futures...that eventually become 750 points over the span of 5 years.
Oh stock, please show us the 10 handle move started it all! You are so full of shit you can't even keep up with all the lies you bring to this forum. You are too fucking much! How are you lates "posistiona" faring?
Ahhhh...virtual points...why didn't they teach me about that at the DeVry University Futures 101 course... Virtual points... Laughin my Fuckin Ass off at you!!!