Bears Are Dead Meat

[dac8555]

Quote from a529612:

When you can't beat them, join them.

i was just thinking the same thing...actually, i am swing, i am going to go intraday.

but i promise, as soon as i go long...there will be a correction, so ill be sure to let you guys know ahed of time.

 

[beeflover]

this bull is scarey now on the dow, there is no resistance! Resistance is 12266? all time high? I doubt it

I guess that's been the case for several weeks now. new record, new record...

that bull jumped right thru the top of my pc this afternoon, it keeps doin that! on and on, and on

of course I'm an old bear I still remember the big deal when the dow went over 1000, no wonder it's hard for me to relate to this bull.

can you say blow off top? take that bulls! there is no one left to go long! even me and dac are long.

 

[CaptainObvious]

He ran me down today

 

[krazykarl]

Quote from HolyGrail:

I agree, and sometime in december they are going to sell like crazy.

January, it's always january my friend.


I'm back bitches.

 

[Bitstream]

i heard on bloomie there was very large institutional trade bettin' spx wouldnt go past 1390. not sure if still holdin' but gettin' crashed.

 

[krazykarl]

Quote from beeflover:

this bull is scarey now on the dow, there is no resistance! Resistance is 12266? all time high? I doubt it

krazykarl's rule #6:


buy 52-wk lows and 52-wk highs: index or stock.

 

[mjh]

Quote from beeflover:

this bull is scarey now on the dow, there is no resistance! Resistance is 12266? all time high? I doubt it

I guess that's been the case for several weeks now. new record, new record...

that bull jumped right thru the top of my pc this afternoon, it keeps doin that! on and on, and on

of course I'm an old bear I still remember the big deal when the dow went over 1000, no wonder it's hard for me to relate to this bull.

can you say blow off top? take that bulls! there is no one left to go long! even me and dac are long.

You were around when the Dow was a 1000? Man. how old are u dude?

 

[vladn]

I am holding on to equities but adding 20-30% of every upward move to the hedge ('07 - early '08 puts on multiple indices) plus adding some gold just in case they decide to print some more money...

IMHO recent market behavior is a pure momentum move, but it's a mistake to underestimate momentum and get out too early. OTOH correction can be very fast and drastic - hence using puts vs. trailing stops.

 

[Wayne Gibbous]

Quote from Bitstream:

i heard on bloomie there was very large institutional trade bettin' spx wouldnt go past 1390. not sure if still holdin' but gettin' crashed.

lol

 

[Restricted]

Near the end of every move they start jamming all the speculative crap. EFUT up 15 today and 35 in a week is the red flag that this has gotten beyond silly.