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Are u long or short right now? Ever since about a month ago I came here yelling that the market was gonna get hit.. some people listened when I was yelling fire and thanked me for it. Every time I started threads claiming how the market was gona drop u blasted me and continue blasting...

Waggie thinks that his factoids have some kind of use in trading. He looks at average corrections and rallies and thinks that u can actually make money off of junk like that. The truth is that in reality evey rally and decline is unique and u cant use averages or such things and linear...

Absolutely incorrect. Has major bearing... we have just seen the greatest stimulus in fiancial history.. we have the lowest rates in history.. and consumers still cant find jobs nor can they pay off their debt. Besides low interest rates which will move upwards sooner than most think... what...

So what is your point? Or do u just like to report the news? Are you saying to buy this dip? wait? short? or just bored and have no life? --MIKE

Nice how u ommited the last line of your articles of reference from Ford... "But with the labor market still struggling, consumer credit has not fully recovered. Credit card delinquencies in the fourth quarter jumped to a record high, according to the American Bankers Association, and mortgage...

I honestly believe we might heading for a complete melt down in the stock market. Wouldnt be surprised to see the dow trade sub 10k for quite some time. The only thing to watch for is the capture of Bin Laden.. that can give the markets a huge pop.. but I will be selling into it.

Please someone tell me why someone should be buying stocks right now? Smart money is unloading profits and shorting into strength. --MIKE

Concerns over investor confidence are highlighted in the FT this afternoon. The report notes that the State Street investor confidence dropped to 92.2 in March from Dec. 2003 highs of 109.00. This follows the news yesterday that the UBS investor confidence survey also dropped to 85 from 97...

Just read a report about the President of Germany canceling a trip to Africa because of an attempted assasination plot.. might have to do with the selloff in the stock market.

I wonder if Israel will strike Rantissi. He seems to be the #1 goto guy right now. Would be very interesting to see how this whole thing plays out. --MIKE

Just to prove a point. There was news out that a Russian nuke sub was going to explode.. which was absurd.. and all the international markets tanked liked a rock.. take a look at the DAX when that news came out. On a typical day months ago market wouldnt even blink at such stupid news. Neither...

Ice... The only thing I agree with you is that many people make this thread into a pissing contest of Anti Islam and Anti America crap. I would preffer if we just stuck to trading and how all this is effecting the markets worldwide. My point was to focus on how all of this news will...

Are you shitting me? The whole market is being capped by terrorist fears. Look at what gold has been doing.. up like 7 days in a row.. look at the dollar and then look at the stock market. This is very relevant to trading.. because it has to do with investor psychology and also effects...

Random is right. Some of the best traders I know add to losers when they are building a position and use a flexible stop loss. As long as u occasionally take some huge winners you will be ok. Its ok to take some huge losses too.. but they have to be controlled. There is nothing wrong with...

I usually only trade news when its clear cut as to how it will effect the markets. For example.. the Russian news to me is mute. Thats just a problem they have... wont really effect Europe or US. You have to use your discretion as to when it really is something that can move the market or...

Obviously the threat alone wont cause a drop in the markets... but its important to note because they have a major catalyst. If they were going to attack now probably would be as good a time as any. Perhaps they might be more willing to team up with Al Qaida or might try to expedite some type...

Are u saying that we are in fear mode and they are buying? I dont understand... please clarify. Thanks. --MIKE

These types of threats take a toll on the markets world wide. Whether you want to face it or not. Its the US consumer that drives the economy and when they are concerned and their confidence is low... they are not swinging money around too easily. We need to capture Bin Laden or something...

http://www.reuters.com/newsArticle.jhtml;jsessionid=Q4ER3DLC2LAPSCRBAE0CFFA?type=topNews&storyID=4625704

Innoncent? What a joke? Are u claiming that Hamas is innoncent? --MIKE