Concerns about today's rally

S2007S · Mar 13, 2008

Quote from HolyGrail:

A small piece of advice. Never gloat until you have at least been proven correct. That would mean we go below the low before the rally.

I have to, especially after the dow gives up 250 points of gains in less than 2 days,

I could see if we were down 25 points, but to see it trade back below 12k to me is something to talk about.

stock_trad3r · Mar 13, 2008

Market will surge higher real soon. HUUUUUUUUUUUUUUUUUUUUUUUGE white candle just forming. DOw 100 points off lows. NO recesion, no credit crunch. No bear market. No housing bubble. Nothing has changed between 2006 and now. When it is REALLY time to get bearish you'll know. THis is not the time to get bearish. The fed is slashign rates and infusing liquidity. NO time 2 be short.

This aint 2000 when the fed was hiking rates and valuations are obscene.

wiesman02 · Mar 13, 2008

Ouch, hope you guys had stops that were short on that nice run up.

Sure would have put a dent in the p/L if u didnt

stock_trad3r · Mar 13, 2008

Quote from wiesman02:

Ouch, hope you guys had stops that were short on that nice run up.

Sure would have put a dent in the p/L if u didnt

CUZ we're still in a bull market which began on October 2002. When you're in a bull market you dont short. The smarties arent gonna let the markets go much lower. Boo hoo is there an imaginary credit crunch? No more liquidity? Oh no woe is me.

S2007S · Mar 13, 2008

Quote from stock_trad3r:

Market will surge higher real soon. HUUUUUUUUUUUUUUUUUUUUUUUGE white candle just forming. DOw 100 points off lows. NO recesion, no credit crunch. No bear market. No housing bubble. Nothing has changed between 2006 and now. When it is REALLY time to get bearish you'll know. THis is not the time to get bearish. The fed is slashign rates and infusing liquidity. NO time 2 be short.

This aint 2000 when the fed was hiking rates and valuations are obscene.

werent you bullish at dow 13750+

ha

thats about 2000 dow points ago

haha

see you at dow 11500.

stock_trad3r · Mar 13, 2008

Does it matter when the dow goes to 15,000 in a year or so? Markets go up and down. Impossible to time the top and bottom. Fake credit crunch and no recession.

pcdunham · Mar 13, 2008

Quote from stock_trad3r:

Market will surge higher real soon. HUUUUUUUUUUUUUUUUUUUUUUUGE white candle just forming. DOw 100 points off lows. NO recesion, no credit crunch. No bear market. No housing bubble. Nothing has changed between 2006 and now. When it is REALLY time to get bearish you'll know. THis is not the time to get bearish. The fed is slashign rates and infusing liquidity. NO time 2 be short.

This aint 2000 when the fed was hiking rates and valuations are obscene.

are you on some kind of drugs? you don't seem well connected with reality

makloda · Mar 13, 2008

Quote from S2007S:
I have to, especially after the dow gives up 250 points of gains in less than 2 days,

Not sure, but is it anything special if the Dow moves a total of 2% within 2 trading days when the $VIX is around 27-29?

stock_trad3r · Mar 13, 2008

To quote myself "I know how stocks work. I know how the markets work. "

And "I am *almost* always right"

pcdunham · Mar 13, 2008

Quote from stock_trad3r:

To quote myself "I know how stocks work. I know how the markets work. "

And "I am *almost* always right"

wow, you really are delusional