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i reckon 2110 by thurs close on es. Think about it, even downing a RUSSIAN warplane can't cause a major sell off, market just comes back up!! What will it take???!!!

Tells you the market doesn't care, wants to go higher...

I'm heavily into fundamental analysis and intuition these days but still use technical analysis greatly. My advice for OP is to exit winners at target. Actually do it. Then and only then, decide whether you would still be a buyer/seller here. If so, put on a fresh trade with new stop and target.

My own trading: Holding period: intra week (i.e. not day trades) 1000+ trades 37% win rate 2.35 : 1 average win/ average loss This is over 3 years.

went long on bond futures, strong short term trend developing there, strengthened no doubt by the news of the russian warplane downed by the Turks...

was out of the nikkei long at 19950, but foolishly did a day trade in which i lost 30 points.

I meant the short term trend rather than year to date.

out at 10002.5

I assure you that some do exactly this.

1:35 onward:

good post...will need to think before i reply.

All i'm seeing is a wild bull market.

imho, the real fireworks in this bull market (i.e. the 6 year run) are happening next year. I reckon 2700-3000 on the S&P 500 will be hit. Yeah, i know that means 35%+ gains from current levels, but so what.

bot some dec dollar futures at 9956, stop 50 ticks. dollar is the place to be with all this terrorist activity going on plus it's in a fairly strong uptrend to boot! what more can u ask for?

looking at weekly chart...if es can break 98 and close above it, bears are in serious trouble. i would expect record highs next week.

zero...i didnt say i was gonna bail him out :p

An easy 'edge' over other traders is the ability to recognize whether the market is in a bull or bear trend. Can be done visually i.e. no need for fancy indicators. To this day, i recall some trader on this forum insisting that we were in a bear market despite the fact the market was hitting...

i believe that he deserves sympathy. As for being bailed out, why not? if it were goldman sachs, they would be immediately bailed by the US govt.

hoping for 2100 on es today. i see no reason as to why not, sentiment is good, reduction in uncertainty re interest rates, stocks reasonably priced, market shrugs off terrorist attacks. Technically, on a strict interpretation, we are still in a bear trend, but i am inclined to weight that much...

out at 1.0684