Quote from stock_trad3r:
SHorts don;t want to hold over weekend cause those Asian futures have a tendency to pop on sunday..
BULL Raid?
- Thread starter stonedinvestor
- Start date
There's a guy that get's it! If home sales spiked the DOW today we have more home stuff early next week.
What the Fu*K1! The naz just lost 9 points in nine seconds. Well anyhoo all I can say STEP BACK & ADMIRE: NAZDOG UP 3 1/2 % on WEEK!
SNDK UP 10% Don't own
Oracle Up 9% Don't Own.
Coldwater Creek up 11% Don't own
Adobe up 9% Don't own
I think you get the picture. Large and ugly ready to rumble. This is not usually good for the stonedinvestor I try to play along I throw out a LVS and a Ebay but people can tell it's half hearted... ah the plague of fast money....
What the Fu*K1! The naz just lost 9 points in nine seconds. Well anyhoo all I can say STEP BACK & ADMIRE: NAZDOG UP 3 1/2 % on WEEK!
SNDK UP 10% Don't own
Oracle Up 9% Don't Own.
Coldwater Creek up 11% Don't own
Adobe up 9% Don't own
I think you get the picture. Large and ugly ready to rumble. This is not usually good for the stonedinvestor I try to play along I throw out a LVS and a Ebay but people can tell it's half hearted... ah the plague of fast money....
Last 3 minutes trading kinda sucked
oooh...
...wow....(blushing)....
what's this feeling taking hold of me?....
No! No Way!
Is it?.....Could it be?......Am I getting...
ish?
I'm a lost cause. I admit it. Nice day today, though!
...wow....(blushing)....
what's this feeling taking hold of me?....
No! No Way!
Is it?.....Could it be?......Am I getting...
ish?
I'm a lost cause. I admit it. Nice day today, though!
Quote from ByLoSellHi:
oooh...
...wow....(blushing)....
what's this feeling taking hold of me?....
No! No Way!
Is it?.....Could it be?......Am I getting...
ish?
I'm a lost cause. I admit it. Nice day today, though!
that bull is huge....
I believe next week will bring on hugeeeeee amounts of volatility. I wouldnt be surprised to see triple digit gains followed by triple digit losses. The markets have been quiet today and yesterday. I will unload my DDM and wait for the next drop to enter long, I will still tell you even after this 350+ point rally that the markets will come back down again. I highly doubt this market corrected itself to the point where now its able to resume another 10-20% gain into the rest of the year.
The VIX and James Brown are dead, again.
Bull case has sidelined cash chasing performance, rather than be content with low yield bonds and treasuries, and certainly not about to tempt fate in real estate (at least not in the U.S.), which means money will flow into equities.
Fed rate cuts would only exacerbate this differential, driving down bond and treasury yields, while stimulating equity markets.
The smart money will position itself to move out of equities once the last bearish retail investor capitulates and joins the party, exhausted from missing out on the outsized gains that he sees all feasting on.
Then, after that last bearish retail investor capitulates, the greater fool theory kicks in, and the markets tumble, as the smart money dumps their positions. Could be several quarters away. Could be '08.
Bull case has sidelined cash chasing performance, rather than be content with low yield bonds and treasuries, and certainly not about to tempt fate in real estate (at least not in the U.S.), which means money will flow into equities.
Fed rate cuts would only exacerbate this differential, driving down bond and treasury yields, while stimulating equity markets.
The smart money will position itself to move out of equities once the last bearish retail investor capitulates and joins the party, exhausted from missing out on the outsized gains that he sees all feasting on.
Then, after that last bearish retail investor capitulates, the greater fool theory kicks in, and the markets tumble, as the smart money dumps their positions. Could be several quarters away. Could be '08.
Welcome to the next leg up ByLo!
And welcome to the embracing arms of the bull!
And welcome to the embracing arms of the bull!
And away we go! Update.
There is now a clear short term downside pivot in the S&P 500 (SPX) at 1436. Longer term use a (SPX) 1415 for a bail out. Yesterday's McClellan Oscillator was a plus 95, after last Monday's plus 32, so we still remain in neutral. This suggests - No "overbought" or "oversold" strains on the stock markets. I might mention that the low number for the year occurred on March 5th at a minus 314. The high for 2007 was a plus 190 on March 21. The option read: Tuesday's CBOE (Overall) put / call ratios number was a 1.13 after last Mondays 0.83. The previous few days were 1.2, 1.17 and 1.37. These reads remain on the high side and are in the market basing zone. Sentiment overview suggests plenty of fear left in the market for further gains.
There is now a clear short term downside pivot in the S&P 500 (SPX) at 1436. Longer term use a (SPX) 1415 for a bail out. Yesterday's McClellan Oscillator was a plus 95, after last Monday's plus 32, so we still remain in neutral. This suggests - No "overbought" or "oversold" strains on the stock markets. I might mention that the low number for the year occurred on March 5th at a minus 314. The high for 2007 was a plus 190 on March 21. The option read: Tuesday's CBOE (Overall) put / call ratios number was a 1.13 after last Mondays 0.83. The previous few days were 1.2, 1.17 and 1.37. These reads remain on the high side and are in the market basing zone. Sentiment overview suggests plenty of fear left in the market for further gains.