Take note of what the director of floor operations at dme securities said!!!!!! "The Fed's pumping $85 billion a month into the market so there's no way for it to go down, but everyone's got their finger on the trigger because they don't know when this is going to turn." NO WAY FOR IT TO GO DOWN!!!!!!!!!!!!! Stocks March Higher: Dow Gains for 10th Day, Up Almost 11% in 2013; S&P 500 Nears Record Closing High Published: Thursday, 14 Mar 2013 | 12:18 PM ET By: JeeYeon Park CNBC.com Writer Stocks held their gains across the board Thursday, with the Dow higher for the 10th-consecutive session and the S&P 500 within striking distance of its all-time closing high, as investors cheered a better-than-expected weekly jobless claims report. "This could be the greatest bull run since the 80s only because there's nowhere else for investors to go," said Alan Valdes, director of floor operations at DME Securities. "The Fed's pumping $85 billion a month into the market so there's no way for it to go down, but everyone's got their finger on the trigger because they don't know when this is going to turn."
A long time ago market just kept going up and I only shorted, covered, shorted, covered for, for gains not worth the effort. I complained about it to a very wise man. His answer was a retorical question: "Why don't you go long?". That totally changed my game and level of profits.
This has nothing to do with anything. You have no idea how he trades or how his method and system is like. Keep your buy and hold crap to finance yahoo boards.
I agree with you man.. it's absurd! One could do better at a casino rolling dice! Only thing that went up is my 401k
hi guys, thanks for all the advice, appreciate it. this is why i posted - to know Im not going crazy. No don't get me wrong I'm not trying to catch a top - just that when the market whipsaws in a extremely tight range for this long it's not fun losing money anyhow i did something really great today - i just watched the market and didn't do anything and it was really really fun. I think I'll do the same tomorrow.
Buy when it is going up, sell when it is going down. Btw Japanese equities look cheap, go long Nikkei futures.
they looked cheap 5 -7 yeas ago. you know what the difference is ..between US and Japan. the nation of spenders and nation of savers...