Discussion in 'Trading' started by a529612, Mar 20, 2007.
rally, why, because it just has to rally..
hey the dow may rally to fresh highs tomorrow, there is just no stopping the bull. Maybe will get one of those surprise down days.
Why not. That seems to be the only thing its doing down. Everyone forgets the worries of 2 weeks ago. HUmpy Dory once again. Buy on the open and sell on the close. No need to look just know its there. FREE MONEY once again. I hate this mkt.
Wait doesnt a market have to be two sided? I guess Im the only one selling into this thing...
Firstly, explodes upwards on relief news (due to supposed relief of no rate hike, even though that was supposedly already factored in today's rally). Then pulls back hard on reality of no rate cut (true expectation), and heads back down.
Suspect Qs will peak near 43.8-44 before trending back down.
There, that's my coin flip. Oh and here's two headlines ready for press: pick one
1) Market soars on no rate hike.
2) Market ignores steady rate news as fears on _______ resurfaces.
Looks like orcl is going to push it to 44 area sooner than i expected, although I still stick to that scenario.
I must be slow today...
Now I get it!
Rally caps on! There's no stopping this bull. Buy, buy, buy!!!
Or something like that.
No raise is already priced in.
Oracle to $44, huh?
Agree, there is no raise priced in - it's not even in the same zipcode.
There is, however, a cut priced in. And if that doesn't materialize, then boom.
The best indication we'll get from the fed is not their words, but the effort required to issue those words while maintaining a straight face. I'll be looking for sweat, nervous twitching and severe bouts of diarrhea.
Trading is a dirty job.
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