Concerns about today's rally

Quote from S2007S:

stock trder what price does the s&p have to go to before you stop posting here??


1252???

Yup is MUST close below 1252.Then it will officially be a bear market and as I promised I will have my elite trader account closed.
 
Quote from S2007S:

stock trder what price does the s&p have to go to before you stop posting here??


1252???
Just be patient. 1252 is only a few weeks away at the most. But I wouldn't be surprised if he comes up with bizarre bullshit argument for why we're still in a bull market
 
Quote from pcdunham:

Just be patient. 1252 is only a few weeks away at the most. But I wouldn't be surprised if he comes up with bizarre bullshit argument for why we're still in a bull market

ha, true, were out of the bull market since November 2007, I think the s&p does break 1252 and most like heads below 1240 before some kind of bottom is in place.
 
The media hasn't called it a bear market. Nope not the WSJ, SF chronicle, NY times, or Barrons, Fool.com, Thestreet.com, CNBC, bloomberg or anyone else. Until then it is still a bull market.
 
Quote from S2007S:

ha, true, were out of the bull market since November 2007, I think the s&p does break 1252 and most like heads below 1240 before some kind of bottom is in place.

I'm not so sure we are out of a bull market yet, but if we are it occurred in January, not November.
 
Quote from stock_trad3r:

The media hasn't called it a bear market. Nope not the WSJ, SF chronicle, NY times, or Barrons, Fool.com, Thestreet.com, CNBC, bloomberg or anyone else. Until then it is still a bull market.
holy shit, he just revealed his secret method to trading... buy what CNBC tells him to. LMFAO
 
Just for the record, the bullish % index has moved up in the past two days. Not by much, but neverthess, we are currently at 25.43%
 
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