Discussion in 'Trading' started by BlueStreek, Jan 18, 2007.
trade accordingly...i.e........try to participate this time.....
No one cares....we're all trading the Russell 2000 futures now....it's "Fast Money".
The Naz has lost it's "cache".
01-18-07 08:57 PM
again blue, come on.... I'm bearish on this market but posting such thoughts is worthless. Im sure your short and have plenty of puts, but you have to stop this wishful thinking.
What I see in the next few weeks is a minor pullback, however its going to take ALOTTTT more than todays action to shake out the bulls. The bulls still own this market and will for a while. Many bears are happy when they see great companies post great results and fall 3%, 5% or even 10%. To me it doesnt mean much, for a bear to celebrate, large tech companies like IBM and AAPL have to miss completely and at least guide down to feel that there is a slowdown in the works and that shorting and buying puts may be the place to be. I bearish but Im seeing some bargains that I may grab if there is somewhat of a drop tomorrow.
That's bad Karma BS, you're spitting into the wind.
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