Bulls 4, Bears 0. Will Earnings and Full Moon Help Bears?

[S2007S]

*S&P FUT
__1170.59__ +5.40 __+0.46%
*DOW FUT
__10851.00__ +54.00 __+0.50%
*NAS FUT
__1958.00__ +2.25 __+0.12%

This market is a free ATM machine!!!!!


Markets around the world being pumped up higher again. Even oil is at new highs for 2010.

 

[S2007S]

Incredible non stop gains for all indexes around the globe.


*NIKKEI
__11244.40__ +154.46 __+1.39%
*HSI
__21537.00__ +297.64 __+1.40%
*CHINA
__3147.41__ +38.31 __+1.23%
*S&P/ASX 200
__4907.73__ +32.22 __+0.66%
MAJOR EUROPE INDICES
*FTSE
__5727.74__ +48.10 __+0.85%
*DAX
__6207.69__ +54.14 __+0.88%
*CAC 40
__4018.53__ +44.52 __+1.12%
Apr 01 2010, 06:01:29 AM ET

 

[Ivanovich]

Looks like it's time to rocket up again. Futures scaling the peaks.

 

[noddyboy]

The bears are more excited on this rally than the bulls. I hope they went long anyway.

 

[S2007S]

Risk free ATM money printing machine is what this market is.

 

[S2007S]

The market hasn't even priced in tomorrows 250,000+ job gain for March, Monday morning is another easy gain for stocks. Fools are rushing into the market buying stocks that are up hundreds and hundreds of percent, these are the same stocks that no one wanted to even touch a year ago, funny how these markets work out.

 

[Rabbitone]

Yep, just buy each dip and Uncle Ben's Bubble machine pays you!

Quote from S2007S:

Risk free ATM money printing machine is what this market is.

 

[Ivanovich]

GS just sold a lot of ES at 1177.

 

[shortie]

this is the game being played right now: drive the rabbit as high up the tree as possible before the job report, watch the rabbit drop on Mon.

 

[Lojanica]

Ben can I have a billion dollars interest free. O.K. Take money and buy every dip. What do I do with the money now?

The markets been up 40 days in a row without a correction. Until the QE ends it is a free for all. Bonds are due for a drubbing soon so scratch that. Commodities are already priced up. Land is still correcting.

I say Mid-April we correct and that we're already close to the high for Spring and Summer. Then we rally at the end of the year going into 2011 with highs in the S&P500 around 1450 before another correction once reality sets in. Hopefully we have nice volatility instead of flatlining although this running up overnight then squeezing all day sucks.