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No, I think you misunderstood me. I think the bears still get the benefit of the doubt right now. IMO we're still in a solid down trend until proven otherwise. SPX breaking through 1400 would tip the scales to the bulls but that's still a good distance away. The point I was trying to make is...

If you're referring to me... then what do you mean with 'my view'? The fact that I think it's foolish to rule out a market direction as being impossible because one can't seem to subjectively rationalize supporting catalysts?

I keep reading this "there are no positive news so it's impossible for markets to rise before headlines don't become bullish" or "we had a 5 year bull market, we now it's completely logical to have a 2 year bear market" mumbo jumbo from you. The usual catalyst for rising markets is the fact...

I wonder how it feels to go from $500m to $60m. Must suck.

Maybe you're right, but who says we won't test 1400 before we test 1250?

You could try to short it at the 50% retracement of the $200-$120 range which should be somewhere around $160. There should still be plenty of trapped longs in this stock. I'd be careful and use a tight stop though, then add more once your position shows some profit.

Probably more lucrative and consistent than his trading. Congrats to him.

Not sure how IBD could have lost credibility in the 2000 crash as O'Neill uses a technical system that gets him and his readers in and out of the market. They look at distribution days, follow through accumulation days and market leadership. They only buy leading sectors and stocks that show...

http://www.nypost.com/seven/03262008/business/400g_for_book_on_bears_fall_103625.htm March 26, 2008 -- TV journalist Charlie Gasparino has inked a $400,000 advance for a book on the collapse of Bear Stearns. Gasparino's book, "The Sellout," tells how Bear Stearns tossed out its tradition...

Maybe this is of interest in this context: http://bespokeinvest.typepad.com/bespoke/2007/08/historical-sect.html Note the financial % in the last real estate fallout 1990/91

The Swiss: The Brit: The German:

The same point could be made about Win3.1 vs. Win95 vs. Win XP. Every newer MS OS is slower on the same hardware. This is no secret nor is it surprising. So does everyone hate Win XP and Win95 now? Should we all downgrade to Win3.1 because it's the fastest and the least 'bloated'?

"In job postings on its Web site, the FDIC said it is looking for people with "skill in performing duties associated with a financial-institution closing, such as receivership management, resolutions and/or asset disposition; knowledge of the resolutions process as it relates to complex...

Not sure if anyone noticed, but there are always the same "tens of thousands of users" that have a religious hate for the respective new Windows. It was the same with Windows XP. I remember people feverishly calling it "bloatware" and "slow". If you didn't agree you were labeled being on...

http://www.reuters.com/article/bondsNews/idUSN2541729820080326 NEW YORK, March 26 (Reuters) - The Federal Deposit Insurance Corp plans to hire as many as 138 new workers to address the potential for rising bank failures, the Wall Street Journal said in its March 26 edition. An agency...

I use Vista on both my main trading station and my Dell Laptop (not yet w/ SP1) and I can't complain really. While there are no huge benefits to running Vista I also see no downsides whatsoever.

http://ftalphaville.ft.com/blog/2008/03/25/11781/draaisma-stop-fighting-the-fedbuy-quality-credit/ Well, to be precise, Morgan Stanley strategist Teun Draaisma and his team are “turning strategically positive on higher-quality credit”: There is now deep value in the sector for...

So what's going to happen should mutual funds at some point feel they're at risk of "missing out" and start to feel heat to reduce cash piles?