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Atleast she is giving us a warning and making it clear that this is a possibiliy. She is on the record.. and if something does happen atleast she can say that there was some type of a warning...

The messed up part about the whole thing is that... real wages are flat which means people are not making more money to compensate for the higher inflation.... and job outsourcing will strip away more jobs than people think. Right now Dell has less US workers than foreigners.. goes to show u how...

I think this is the path we are heading to. After the fed raises rates a few notches... after the tax cuts are done with. A few catalysts that might make this more convincing are... bush losing the election and kerry raising taxes and lowers gov spending to more responsible levels, terrorist...

I think we might be headed for stagflation. Periods of high unemployment and high inflation. Its the worst case scenerio for the middle class. Although I think it will show up once the whole party effect is over... after the tax cuts and after rates get notched up a few levels. --MIKE

For the last time I dont fade every rally. I dont "always" do anything. Right now the market is topping out and I am fading the rallies.. after the iraq war I was not fading rallies. You have to know when to fade the breaks and when to buy them... markets go up and down.. there is plenty of...

What the hell are u talking about. U are totally wrong. I said I will cover some at 115. Not the whole position... I love the way u spin my comments to conform to your agenda. Anyways... keep on chearleading the markets as we top out.. similarily like u did with the homebuilders and the bond...

115 is a good place to start to scale profits. Thats about a retracement of 2/3 of the move off the march lows. I dont calculate risk to reward in the sense of they way most people do... simply because I weigh each trade differently. To me each trade is unique and different.. therefore I...

IWM sliced 115... i am starting to cover some.

According to this chart... the market has made new highs w/o confirmation from the volume a/d. I take that as bearish?

Time will tell.

Yes it takes big balls to short when everything looks great and indices are hitting highs... but thats when the risk is the best in this case. In some cases it can be dangerous.. but right now we are like a 90 year old asthma lady running a marathon... hitting new highs is not the same as it...

Not much of an analysis. What if we stay in the tend channel.. and we break the highs and hit $50? So its basically up or down.. huh? --MIKE

Most traders here dont look at longer term charts. They think they can make a living tick f**ing the ES. --MIKE

I just put on the trade starting late last week.

Dude.. regardless of the past.. my avg. cost on this trade is 120 right now.. and I will be scaling more into it as I build a position. Not real pain (yet). lol --MIKE

The only catalyst for the crash is the massive debt problem and housing bubble.. or a major terrorist attack. Those are the 3 catalysts for a crash. There are probably more catalysts but these are the major ones.. and other catalysts will be tied to them. --MIKE

I will still be there because this is a long term trade... Talking myself into a position using fundementals is exactly the way every single professional traders do business.. except for pure chartists which are rare. People that manage billions of dollars dont just take positions because...

I prefer dealing with the IWM now because it allows better scaling... when I get big enough to trade atleast 10 ER2.. then I will trade it.

I dont make major bets to the short side on my account using stocks.. thats how u blow up. Most traders have a very short term horizon... my position probably will be multi month..that is beyond the domain on most ET traders.. who scalp the ES for 2 points. --MIKE

Good thing u are a newbie. There is a big difference between an index and a stock. Indices barely move much most of the time. A %10 move on your avg index is considered pretty big. Something like TASR can move %10 in a blink. Shorting something because u have conviction and solid reasoning as...