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Market is tough to go down. Its has shown exceptional resilience. Shorting is very dangerous with all the rate cuts and economic packages in Jan 2008. Its can kill your shorts and hand you down your asses in a New York minute.

Lets take for a moment you are right and we are in recession. What are we supposed to do? Sell all our stocks and start shorting the market like there is no tomorrow? I can do that, but that is very very risky. The market has shown exceptional resilience when it come to going down. Its a...

American consumer is a scarity cat. Fearful, unsure, running at the slightest noise and a total wimp. American consumer does not have balls, its a soft baby with pink feet and a fragile ego. Slightest of adversity spooks the be juses out of him. Having grown up with a silver spoon and golden...

The Fed and the Congress and Whitehouse are all on the defensive now. You think with this consternation in the political area they will let financial markets go to hell in election year? Just think about it for a moment. Bears have been swirling stories about recession striking fear in the...

Have you also noted that at 1400 level SPX has a solid support line running through March, August and November lows. SPX has failed to break that support lines during massive sell offs? Lets also look at the yearly chart of SDS (Pro shares ultra short SPX ETF ) and it has a solid...

With a Federal rate cut that is due any day now and a Congressional economic push whatever is your Technical analysis it won't stand a chance. The news will blast a hole in your HST if you have one. Remember just be on the right side of the market....or get killed.

Bring on a bear market, we can make money either way. Instead of buying we will be shorting the hell out of it. Selling bear call spreads and buying puts. Sure, it makes no difference as long as we know which way we are headed. Enough of this nonsense.

I think we were talking about recession ? Right? How recession can impact your trading income in 2008 if there is one?

Nonsense. 75 BP not in the cards, no way. Max 50 BP possible.

WCI was cut in half. That makes Carl Ichan a real winner I suppose?

Technical Analysis is the heart and soul of any trading system. I make a living out of it and it never fails me. Short Term traders cannot do without Technical analysis. Fibonnaci retracement, trendlines, support and resistance they are for real.

Bush and Charles schumer and Nancy Pelosi are all over for a economic stimulus package for 2008! Congress has sent a letter to White house for discussions on the matter urgently. The Washington machinery is already into motion averting any possibility of a recession or close to it. Fed has...

He is a crooked CEO, looks after himself first. He milked countrywide and left it when it was at it worst. Not a success story there. He is a classic pump and dump operative. Mozillio and George Hamilton will go to Bahamas now and lay on the beach full time.

Not a worry, keep trading...

It was sheer self survival. Somehow Mozillo knew he can't battle this real estate downcycle this time and the compnay will go, so he folded his tent and went away... smart? , YES?

Once the stock markets starts going up overbought gold stocks and gold will start dropping. There is no flight to security. None anywhere if you look. Nothing is safe from the ravages of market movements.

If it doesn't go anywhere lots of money can be made selling options on both ends via Iron condors and butterflies strategies. Have patience, Fed rate cuts will happen by Jan 30, 2008 and the markets will zoom 300-1000 points upwards. There is no recession yet, GDP is not impacted, and the...

Have patience, stock market will move one way or the other. It isn't that the equities market will be be stuck forever, it never has never will. Its only since 12/27/2007 that the markets have taken a downward push. BTW Commodities are lot riskier than equities.

It seems like that SPX is unable to breakdown below 1400 level. The DOW can go down 230 points but SPX held its ground and so did the NDX at 1900. Day after day it tries to go down but it doesn't seem to break those barriers. Lets have a bear market for God's sake if thats what is...

Joke? I am sorry I didn't follow.