Weekly Poll: Market Is Flat Year-To-Date, Where To Next?

Discussion in 'Trading' started by shortie, Jul 23, 2010.

SPY Next Week?

Poll closed Jul 30, 2010.
  1. Bullish

    30 vote(s)
    50.8%
  2. Flat

    8 vote(s)
    13.6%
  3. Bearish

    15 vote(s)
    25.4%
  4. I prefer to keep my opinion to myself

    6 vote(s)
    10.2%
  1. I second your proposal shortie. I would however add a question or change your question to something like: SPY will touch X before Y this month or week/etc. That is more meaningful for traders. X reflects the reward, and Y reflects the risk (where stops are to be placed).
     
    #21     Jul 26, 2010
  2. 3:28PM: is it the end of the upmove and the beginning of a retreat?
     
    #22     Jul 26, 2010
  3. Tsing Tao

    Tsing Tao

    apparently it is not.
     
    #23     Jul 26, 2010
  4. Why are they buying? I have hard time understanding why someone would buy stocks after they have risen, and was avoiding them just few days ago.
     
    #24     Jul 26, 2010
  5. noddyboy

    noddyboy


    They are not buying -- you are as your stops are hit
     
    #25     Jul 26, 2010
  6. "..., the hedge fund manager who sold half his equity holdings at the start of July, said today that signs the U.S. economy will avoid a recession spurred him to build the stakes back up. "

    He sold at the exact bottom, and bragged about it (he did not know it was the bottom on the day of his bragging). Now he is bragging that he is buying. Is he a bag holder?
     
    #26     Jul 26, 2010
  7. KMAX

    KMAX

    Do you mean Barton Biggs? I think I heard this on Bloomberg today.
     
    #27     Jul 26, 2010
  8. pupu

    pupu

    follow the crowd man follow the crowd man
     
    #28     Jul 26, 2010
  9. KMAX

    KMAX

    Target for the SPY 112
     
    #29     Jul 26, 2010
  10. so one bullish poll does not equal a sell-off, at least, not right away. drop later in the week, maybe?
     
    #30     Jul 27, 2010