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Hard to be a bear when the market goes up almost everyday, and then the down days come all in succession for a week, and then back to straight up moves. Once the bears catch on to a downtrend, it ends within days. And then back to short squeezing. A very hard market to trade for a bear...

Its a levitation act, this stock market. It feels unnatural, almost unbelievable. Why is the stock market going up while the economy is still in a deep recession and has 10.2% unemployment? How can oil be at $80 in this scenario when 3 years ago, with a decent economy, oil was at $60? Its hard...

What volatility? You call the last few days volatile? Its been up in the first hour and then small stair step moves higher, I see almost no volatility here.

Dollar down 1.09% against the euro, S&P500 up 1.27%. Almost a 1 for 1 negative correlation today. This is blatant money printing to lift asset markets!

Not necessarily. We could get a fake breakout and then collapse. I see that as being very possible. We are reaching some thin air up here.

Trading is only hard if you think like the average investor or trader. If you come in to trading and just observe the markets for a year, you start noticing patterns. Pattern recognition skills is probably the most important trait for a trader. After that, it comes to pulling the trigger and...

Yes, many of the successful ET traders got tired of being told they were liars and ignorant by full time posters who have no idea how to trade. My main use for EliteTrader is to gauge trader sentiment and measure the wind. Of course for use as a contrarian indicator. There is hardly...

Cutten. Too bad he's no longer here.

Back to crappy markets. We had our good trading days for about 2 weeks, now we're back to slow grind trading where the bulls ram it up in the first hour and the market goes flat for the rest of the day with a slight upward bias. After the initial hour shake and bake to the upside, we get...

7 point gap up so far in the S&P futures. This is a common phenomena when a market wants to make an up move and leave behind as many people as possible. Now who is going to want to pay up to get long ahead of the Fed? Pay up or stay on the sidelines. Brutal for the trader who likes to go...