What if everybody runs for the exits at the same time? What if our compressed volatility opens up again? What if, what? Post Market close 9/11/06: Is there any coincidence that oil is dropping, gold is dropping, bonds are on a roll, interest rates have stopped rising and equities have again lost there volatility? Who'd thought we'd go this far however?
bump. I would like to thank all the bears that have made this move possible. Additionaly, the poll results are now 30-17 in favor of the "no"s. Once again, ET is a contrarian indicatior.
another bump - think of is as tearing off the scab, and reminding those bears in this thread just how wrong they were. Also might help others to see the people that were so sure they knew what was going on.
"agree, there is plenty of uncertainty yet the market moves up like there is nothing to worry about. " dood it's been said before, the MARKET CLIMBS A WALL OF WORRY if and when , there is NOTHING to worry about, that would be a prime time for a big sell off. cause EVERYBODY would be long... and when that happens ... well, you know. TANK there has never been a bull market EVER where there were not LOTS of things to worry about there are many ways to hedge when u think a market is overextended (with part of your portfolio), while still participating in all these WONDERFUL longs that are making money.
Are you short ER2 700 contracts? I hope not.. the market just spiked +5 pts and that would be 350K out of the money.
The underlying buying presure is to strong for bears to stand a chance anymore. Itsdone. Time to load up.