I only need to know to follow the trend and make $$$$
Not sure why you want to be smart and fight the trend, good luck to be setup the position in another side of me and pay me your cash.
:D :D :D
Short seller and Bear - You loss again..market set to open high today (again) :p :p :p
Don't understand why so many people outside there try to fight the trend and be an idiot hero ??? :D :D :D
As a trader, you only need to care if you are right in the market direction and make $$.
Since all the efforts now are to move the market up, you only need to make sure you are riding the flow and make ton of $$.. :D :D :D
No doubt Roubibi is a good economist and he study the market correctly, but in the stock market, fundenmental not always hold and sometime the crowd perceptionis the main driver that drive the market to extreme. The big rally for the last 4 weeks is a good example. :D :D :D
I agreed, all experience traders know one thing - Don't ever try to fight the government, they have virtually infinite $$ and power to keep the market afloat and can virtually move the market up.
You can persist to be a short seller and claim that it will be another pull back soon based on...
Warning to those short seller : The market will bull regardless how hard you try to fight for it, or any excuse that you try to pursuade yourself that a pull back will come in soon.. The reason is simple: Market already priced in the worst of the earning session, any "surprise"(or I like to use...
Don't think the change in the uptick rule is due to Cramer.
But, as I said, the market is waiting for any so called "good" news to give it an excuse to rally, so - we are going to have another 300 points rally today !! :D :D :D
Now get what I mean the market will rally regardless how *bullshit* is the so called "good news" ? (tiny money from Samsung, two builders merger together ?) -- The only reason why the market bull is because we have a lot of sideline buyers who can't wait to get back to the market, and they...
Who is in the lose side ?
For those who are still believe in bear, think twice, in this day if the market open lower, it will open lower by only ~100 points (take Dow as an example) and most of the time it get rebound back in end of the day. But when the market rally (even with some bullshit...
The market open lower today, but it quickly rebound in 7800 - Will load more :D :D
Expect the market will close near positive today (or even with a big rally in last one hour) :cool:
Agreed - all the bad news have been priced into the price, and the market already expect a bad bad earning, and any small surprise in the earning will bring the market rally..
also,don't fight with Fed and Uncle Sam..
i agreed - see the market today (6April) - Regardless how hard the seller want to push the market lower, it rebound. :D :D
14,000 is too high and will take longer time, but I believe it will trend to 9 000 soon. :D
the interesting is that people don't understand there is a strong force...
Despite all the bad news like 8.5% unemployenent rate and...The market responde is UP. Some claimed this is due to the cheap money, some said is "amateur "(retail) trader that get into market and buy anything they see wlthout think twice. But end of the day, who care ?(even it is GS disagreed...