Weekly Poll: Blow-Off Top Then Crash Or Crash Right Away?

Discussion in 'Trading' started by shortie, Oct 8, 2010.

SPY Next Week?

Poll closed Oct 15, 2010.
  1. Bullish

    27 vote(s)
    56.3%
  2. Flat

    8 vote(s)
    16.7%
  3. Bearish

    11 vote(s)
    22.9%
  4. I prefer to keep my opinion to myself

    2 vote(s)
    4.2%
  1. S2007S

    S2007S

    fed minutes should move the market somewhat in the next 3 mins.
     
    #31     Oct 12, 2010
  2. S2007S

    S2007S

    and up we go!!!

    Nasdaq nearing intraday highs led by no other company but AAPL.
     
    #32     Oct 12, 2010
  3. Tsing Tao

    Tsing Tao

    minutes released and the market is like "wow! QE2? Holy crap thats awesome!"

    lol....hilarious!
     
    #33     Oct 12, 2010
  4. PaulRon

    PaulRon

    i vote blowoff, only cause i think it just happened
     
    #34     Oct 12, 2010
  5. MKTrader

    MKTrader

    And it's going back down...at least for the moment.

    It sometimes takes a couple of days for the markets to sort out Fed statements and give their ultimate thumbs up or thumbs down. Be patient.
     
    #35     Oct 12, 2010
  6. PaulRon

    PaulRon

    and... no
     
    #36     Oct 12, 2010
  7. GUESS WHERE WE ARE 1150

    GUESS WHAT THE BOTTOM WAS 670

    GUESS WHAT

    We HAVE BEEN IN A BULL MARKET EVER SINCE 670

    READ THE DAMN CHARTS!

    STOP CALLING FOR A CRASH
     
    #37     Oct 12, 2010
  8. INTC is one of the stocks above. it reported good earnings today and is climbing up to ~$20/shr

    guess what? it traded at this level one year ago! i insist that the recent market run-up is happening on fumes.
     
    #38     Oct 12, 2010
  9. are bulls turning into greedy pigs? time will tell...
    [​IMG]
     
    #39     Oct 12, 2010
  10. Nine_Ender

    Nine_Ender

    Your post is illogical you are making a good point for the markets to go higher and we all know that's not what YOU think is the conclusion.
    Given their results, what is fair market value for Intel, and what will they do with all that cash ? I can't see any of this being bad for the market at all.

    The real reason for the market run-up ( which btw is only 10% and ytd we are up I believe only 5% ) are decent to strong earnings, increased m&a activity, and commodity value/demand. I rarely see any of you permabears talk about these topics, you are obsessed with such a tiny part of the whole equation.

    If we are to believe all the crap on here, you'd think the market was a run away train like the Nasdaq was in the late 1990s. Its not, we've been range bound the entire year. And even the slightest hint of a bull move seems to put you and several others on here into a frenzied panic.

    ps I'm not a bull or a bear on the current US market. I trade what I see.
     
    #40     Oct 12, 2010