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Could be - everyone depending on the same indicator usually makes it worthless in terms of predictive value (or a self fulfilling prophecy).

Actually, it was a smart move because they probably would have killed the natives if they didn't give it up.

Ok good point, but I would have to think it would be dumb money exiting at that point; how could you not see that coming

That would definitely raise the P/E, but how do you know this isn't already priced in? (If it actually happens). Most people seem to have been bearish on earnings for a while now.

Actually the dumbest idea yet has been corn ethanol.

rule of 48 coming to an s&p index near you :D now theres a couple ways we can do this; slow grind up/volatility contraction or a short slaughtering holiday of +3%.

Here are some more links that debunk pretty much everything in loose change: :D http://www.loosechangeguide.com/LooseChangeGuide.html http://www.popularmechanics.com/technology/military_law/1227842.html http://wtc.nist.gov/pubs/factsheets/faqs_8_2006.htm

"There is no 9/11 conspiracy you morons" Seriously, read this, its hilarious. http://www.thebestpageintheuniverse.net/c.cgi?u=911_morons "What are the odds that a simple geometric folding of a $20 bill with elements of design that were conceived in 1928 by a committee of treasurers, a...

It is ugly, but stocks aren't overvalued and people aren't complacent like they were in 2000. Earnings haven't been as bad as many were predicting (yet, anyway). And as long as they stay relatively stable, most are probably fairly valued right now.

Does anyone know what happened the last time BNB said the market was going to crash? (Hint: It didn't) I think Makloda and a few others are the only ones on this thread who realize that trading the news and emotion won't get you very far. <object width="425" height="344"><param name="movie"...

Good buying opp coming up next week, for the next blast up through 1400

Weather forecasting accuracy is awful, just as bad as most trading strategies. The difference is that the weatherman doesn't blow out his account when he is wrong.

Random within a range is how I like to look at it

Yesterday: oil up big, market up big Today: oil up big, market down big :confused:

for those posting about this; there is NO correlation between the price of crude and the indexes- do the research (and if there was you probably couldn't profit from it anyway)

I guess during their off-time from playing world of warcraft, they are receiving nonpublic info from executives of major corporations. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/cLYrFR9RT_U&hl=en"></param><param name="wmode"...

Those who try to trade the news and get long term bearish every time we have a down day IS THE CATALYST for upside. Was mbi or abk downgrade or obama getting the nomination NEWS anyway? Wasn't this widely known about 6 months ago?

THERE IS NO CORRELATION BETWEEN OIL AND S&P, I can't believe how many threads I see on here about how the market is going to skyrocket when oil goes down... STOP WASTING YOUR TIME.

Bloomberg is much better - I wouldn't lump it in with CNBC, but they still suck at times: May 26 (Bloomberg) -- Asian stocks fell for a fifth day as rising oil prices sparked concern higher costs will reduce consumer spending and erode profits. Note: Oil is up 33 cents...

check out www.elitetrader.com