A stock market top right here?

Did the stock market top out on 4/7?

  • Yes

    Votes: 42 33.1%
  • No

    Votes: 60 47.2%
  • not sure

    Votes: 25 19.7%

  • Total voters
    127
Looking for further bounces here to add to my short position build. I would have been a little disappointed at an extended downward move right here as I don't have the size on yet that I prefer to have.
 
Quote from Bitstream:

let us know when u go boom please...luv to slow down'n'watch car crashes

There is no way for that to ever happen. I don't overextend myself ---- ever. It's part of my plan.
 
Quote from lilduckling:

if you are a bear right now.... you are being mounted and violated by a 2000lb bull.



yes, the bears are about to have their assholes reamed out, that is if they havent already..........
 
Shorts or longs can get hurt when overextended. Those of us who don't overextend, are the ones who are successful. My short position build is in it's infancy at the moment.
 
Guys, be careful! We're just 2 days in a very volatile week: half of the S&P 500 reports, options expire, oil is at all time high, CPI, PPI and other major reports will be released, international tension is very high, etc.. I know that'd be nice to hit the jackpot, but don't bet your farm ...
 
Quote from cnms2:

Guys, be careful! We're just 2 days in a very volatile week: half of the S&P 500 reports, options expire, oil is at all time high, CPI, PPI and other major reports will be released, international tension is very high, etc.. I know that'd be nice to hit the jackpot, but don't bet your farm ...




Option interests indicates a close of ~1300 by expiration but you will not catch me shorting this week.
 
Quote from Buy1Sell2:

Shorts or longs can get hurt when overextended.

Truer words were never spoken.

Yesterday shows that the market is still going to react the most to fedhead-speak.

If appl does indeed guide up for next quarter the bears will be killed. IBM, YHOO, and TI have all reported well, and had some positive surprises in their press releases.
 
Quote from eminitrader007:

Although I mostly trade ES intraday, my long-term analysis points to the SP500 around 1050 before 1315. This week is probably going to be indicative of what's to come for 2006 and 2007.


Still beleive it.
 
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