Bullsh*t!

This is...

  • still a Bull

    Votes: 27 27.3%

  • shut up, this is a Bear

    Votes: 72 72.7%
  • Total voters
    99
Quote from romik:

This is a bear market, my approach is not to buy, but rather sit on hands for a little while longer as another major sell off is around the corner. Don't be naive, this is not the time to join hands & walk round the fire singing songs of praise about the stock market.

There, you can even vote on this one.
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--- and the next move will be violent imo as EVERYONE will know the "Nice" economy story book is empty! The head for the exits type days will be more to come imo. No triple bottom save either - probe down to the next level will be at hand as all realize the reality of the probabilities.

All trading above 1370 on the ES is shorts for the taking in my book - I hope we can make at least one more push to the 1400's (1398 major over/under level) before the rug gets yanked. :D
 
Quote from SusanaDT:

A great trader once told me you should not let news or fundamentals give you a bias. Especially when daytrading.

Susana
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I totally disagree - I always want to be trading in the direction of the fundamentals and overall market conditions (for my PRIMARY non-scalp position trades).
 
Quote from HedgefundTrader2:

Hell did not break loose on bad Jobs report. Secondly Feds are not through cutting rates yet, till housing and economy is bubbling with laughter. They have been doing this for last 80 years in case you are new to this game.
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I also think rates are going to be cut again, even though I would rather not see it at this time.
 
Quote from musclemoney:

I also think rates are going to be cut again, even though I would rather not see it at this time.
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Feds will cut rates till all the shorts and bears are blown to pieces... they are't done yet.

Markets are going higher with or without an imaginary recession.
 
Market is firm
Any rally will be a bear market rally
huge rally? possible..
but only if the dollar falls and commodities spike..

inflation
nothing more nothing less

organic growth?
not.
 
uh we should all be traders , not long term buy only investors. there are an infinite number of interpretations and opinions on bubbles, market direction, economy, fed rates, ahhhhh...So many it is a boring topic. If you have a system that works stick with it until proven otherwise. Up, down, sideways - who cares !
 
Quote from 5Pillars:

I totally disagree - I always want to be trading in the direction of the fundamentals and overall market conditions (for my PRIMARY non-scalp position trades).
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You mean like on Friday's terrible economic job data only to quickly form a double bottom and reach daily resistance ?

Please, in daytrading news and fundamentals are useless.

Susana
 
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