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So what happened if they didnt taper... market would tank?!?! come on this market was gonna go up no matter what

They need to stop talking about tapering and start talking about increasing the QE. I heard Marc Faber throwing out the number 1 trillion of QE a month. The market would absolutely love that... This is an absolute joke.

Or maybe this move down was caused by a big seller... Icahn?

I wonder how much this drop today has to do with the CEO saying the stock is way overvalued... and saying this run up reminds him of the last time NFLX was over 300 and dropped to under 100 maybe without those comments the stock would be over 400 now?!?

I thought that most would think it would be a sell on the news event based on posts im seeing on here, other blogs i follow online, what was on the tv, and articles I read online... who knows maybe most thought it would be a buy the news event but this is what i thought. if it was an...

Seems like everyone thinks there will be a sell on the news here... and when everyone seems to think the same thing... I even saw a marketwatch article on why the market should sell on the news... I dont know whats going to happen but I do know the path of least resistance is to the upside.

Honestly, i wouldnt be surprised if we defaulted and the market kept going up...

If I remember correctly the last couple of resolutions to the self created crisises, if you can call it that, not only sent the market higher, but were the catalyst to send the market to all time highs. The interesting pattern Ive noticed is the market sells a little at first as the media...

Is it just me or did it seem the timing of this move by Fitch was coordianted in order to get some sense of urgency into congress... anyways Wall Street just laughs at this... ES futures up 13, not only no fear but euphoria going into the last 24 hours of this stupidity

Keep in mind the psychology of many investors is that once this debt ceiling fiasco passes there are no headwinds in the near term to keep the market from going up. Whether its true or not will remain to be seen. But we've seen this market "float up" day in and day out for years on nothing...

huge gap up overnight on hope for a deal???

Yea i notice not only am i the last to get hit usually, but i am always the last bid/offer sitting there and all other exchanges are cleared. for example if i bid 5000 shares on arca, there will be exactly 5000 shares only on the bid on arca and all the bats, edgx, island etc will be totally...

Ive been trading successfully for years... am looking into automating a strategy of mine I currently use TWS with IB just wondering do I need to know programming in order to do this? Is there somewhere on the web where I can learn how to do this and for those who have been doing this for a...

I guess everyone who is long now doesn't get it lol... be my guest and short at will if you want. Do you really think if the market were to start rolling over i would just sit there and let my huge long winners turn into losers or not peel out my positions in small increments as the market...

I dont get how people can be bearish at all in this market... do people watch the market tape every day? It's unbelievable how easily it floats up every day, as soon as the volume comes out of the market which is almost all the time it just floats up, and any time there is no news on the day or...

Will Jon Corzine be running one of these "Hedge Funds for the masses" now that he's been cleared? He's got a lot of experience and a great wall street reputation... lol http://blogs.marketwatch.com/thetell/2013/07/08/jon-corzine-will-not-face-criminal-charges-over-mf-global-report/

Im saying the market will go higher because companies keep lowering the bar by cutting their guidance... making it easy to "beat" the lowered numbers.

As of Friday, 122 companies in the S&P 500 had made pre-announcements, and the ratio of negative to positive was 6.5-to-one, according to Thomson Reuters. That is the biggest percent of negative readings since 2001. The headline after the close today was "Alcoa Kicks Off Earnings Season With...

Its not just the futures drifting higher in the after hours market, its any time the volume comes out of the market intraday as well... the market will "drift" all the way up to new all time highs. no volume or news is needed...

Who said the fed has decided to stop printing?