We are in a bull market - this is the greatest time to buy ever

Discussion in 'Trading' started by Port1385, Jun 7, 2008.

  1. mark2

    mark2

    Ok..anything is possible in the market... Who could accurately predict that the oil price would jump back to 137 just in 2 days when it was 125? So, what you said was not impossible.

    My wild guess is.. if the market is coming back later in this summer or in the 3rd quater, S&P may go back to 1700 by the end of 2009 or by early 2010.

    Just a side note... on your chart, I see a possible fibonacci ratio time zones between the 1Q 2000- late 2002 period (down) and early 2003 to 2007 Nov period( up).

    I am no student of Wave principle and I am always not doing well on counting and understanding waves...so sorry if I say anything wrong here.



     
    #11     Jun 8, 2008
  2. LT701

    LT701

    port1385 at his dumbfuck's anonymous meeting:

    'hi - i'm port and i'm a dumbfuck'

    'hi port!'
     
    #12     Jun 9, 2008
  3. Is that him talking to himself?
     
    #13     Jun 9, 2008
  4. I'm stock_trad3r and I say BUY BUY BUY

    IT IS IMPOSSIBLE FOR THE MARKET TO GO DOWN
     
    #14     Jun 9, 2008
  5. I knew it !
     
    #15     Jun 9, 2008
  6. For all their talk very few shorts have any long term short positions. Most cover on the smallest upticks.
     
    #16     Jun 9, 2008
  7. I've been short builders and financials since last spring and will remain so.

    cha ching!$$$$$$$$$$$ :D :D :D :D :D :D :D :D :D :D
     
    #17     Jun 9, 2008
  8. Stock_trad3r only has shorts in his dresser. His longs are actually long johns (with a handy flap in back!!!)
     
    #18     Jun 9, 2008
  9. Joab

    Joab

    Famous last words.
     
    #19     Jun 9, 2008
  10. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1951923>


    :)
     
    #20     Jun 9, 2008