X-mas Rally Officially Over: Start Shorting Tomorrow!!!

Discussion in 'Trading' started by BlueStreek, Dec 27, 2006.

  1. S2007S

    S2007S

    170 point rally in 2 days!!!

    is today profit taking day or does the dow go to 12750
     
    #41     Dec 28, 2006
  2. But really, to be as consistently wrong as bleu is an amazing feat.

    It's just as hard to be right that often. The stunning wrongness is a thing of beauty!

    I used to think Cramer could be the long sought "Reverse Holy Grail," but he occasionally gets something right. So he isn't even a good fade...

    Just messing with ya Blue. :D

    Good trading to all. :cool:
     
    #42     Dec 28, 2006
  3. S2007S

    S2007S

    #43     Dec 28, 2006


  4. It's a new paradigm. Inflated american dollars are being socked away in global equity markets. Global real estate prices are next in line to sky rocket.
     
    #44     Dec 28, 2006
  5. #45     Dec 28, 2006
  6. this mkt keeps going higher, u all should buy a basket of stocks and hold onto it, trade something else intraday to take advantage of gyrations. it's that simple and the best thing to do right now.
     
    #46     Dec 28, 2006
  7. S2007S

    S2007S

    mexico
     
    #47     Dec 28, 2006
  8. S2007S

    S2007S

    it does continue to move higher, however a pullback is near i my opinion.
     
    #48     Dec 28, 2006
  9. what i meant is that it continued to go higher and risk is concentrated on the upside. u got no much to lose by playing a long diversified strategy and hedge intraday by trading either futs or stocks.
     
    #49     Dec 28, 2006
  10. dac8555

    dac8555

    i am as bear as they come....but by my measures....many stocks (not all indices) have already pulled back a bit in the last few weeks.

    goog-off about 11%
    qqqq-off about 4.4%

    just to name a few.

    i dunno. cautious...but i wouldnt be surprised to see a move either way.
     
    #50     Dec 28, 2006