Why is the market going up?

Discussion in 'Trading' started by Wolfgang1756, Aug 30, 2011.

  1. marceck

    marceck

    How hard can it be? You buy the market in an uptrend and sell it in a downtrend. Why are you making life so difficult? Do you want to make money, or lose money?
    We are trading above the 20 dma, dips will get bought. If we close below the 20 dma, rallies will be sold. That's about as simple as I can tell you what fund managers do out there in the real world.
    If you think you are smarter than the market in the short to medium term, you are fighting trillions of dollars, including foreign countries buying or selling US assets. You think you will win?
     
    #61     Aug 31, 2011
  2. Crispy

    Crispy

    to summarize - its everybody else` fault but yours you are losing money.

    Correct?
     
    #62     Aug 31, 2011
  3. Nine_Ender

    Nine_Ender

    A few weeks ago, I posted that selling was running out of steam, and it won't be long before EliteTraders are blaming everything under the sun for rising markets except valuation ( the real reason people are buying equities, in combination of the normal anticipation of next earnings season ).

    This thread is everything I predicted.
     
    #63     Aug 31, 2011
  4. GordonTheGekko

    GordonTheGekko Guest

    Link to your post?
     
    #64     Aug 31, 2011
  5. specifically, it's obama/republican/bernanke/chinese/jews' fault - no?

     
    #65     Aug 31, 2011
  6. Nine_Ender

    Nine_Ender

    What the fucks your problem, stable markets are good for the economy. Honestly, did you really put on "massive crash" speculations at the bottom ? If you did, you have to understand they are low percentage plays with often bad risk/reward parameters.

    Honestly, why on earth would a market recovery off the yearly bottom be a bad thing ? You are making no sense. That's like saying "Boy, the US hasn't invaded any countries lately I'm really mad we haven't done so lately".

    What's this obsession with hoping for tragedy on this site ?

    Several weeks ago, I noted numerous really nice blue chip stocks were getting very cheap in Canada. Its not idiots buying these stocks, its smart fundamental investors. For the TSX to go down much lower then 11,660 ( my stated call ), you'd need numerous large companies to go bankrupt. And I can tell you right now, our economy is fine this year, so its not going to happen.
     
    #66     Aug 31, 2011
  7. marceck

    marceck

    You just summarized the tea party. They want Armageddon. Note that they were nowhere to be found when the previous administration spend trillions and raise the debt ceiling multiple times.
    Politics and trading do not mix, as I told my liberal friends when they could not believe the Bush rally and kept shorting it.
     
    #67     Aug 31, 2011
  8. Lucrum

    Lucrum

    What's stopping you?
     
    #68     Aug 31, 2011
  9. Seriously?
     
    #69     Aug 31, 2011
  10. Lucrum

    Lucrum

    He won't really be dead. He'll just create yet another alias. He's done it about a hundred times before.
     
    #70     Aug 31, 2011