Doesn't this seem a bit excessive?

[kashirin]

Quote from Ghost of Cutten:

Why would the market fall because of an event that was already full anticipated well in advance? Normally, the occurrence of a fully anticipated event causes no reaction at all, because it is already discounted by the market. In fact, sometimes you get an inverse reaction.

Markets moved based more on unexpected and unanticipated events, not ones that are already understood and priced in by almost all participants.

Market is not efficient, it is not perfect discounting mechanism
market is mechanism for enrichment
doesn't matter if this event was anticipated - market could react either way

although give it some time. lack of liquidity injections will be felt pretty soon

 

[S2007S]

No stopping this market, maybe someone knows something about the job numbers being better this Friday!

Not a single pullback in almost 2 weeks!



S&P FUT
1338.50 2.70 +0.20%
DOW FUT
12593.00 24.00 +0.19%
NAS FUT
2380.75 5.50 +0.23%
OIL
97.22 0.57 +0.59%

 

[noddyboy]

Quote from S2007S:

No stopping this market, maybe someone knows something about the job numbers being better this Friday!

Not a single pullback in almost 2 weeks!



S&P FUT
1338.50 2.70 +0.20%
DOW FUT
12593.00 24.00 +0.19%
NAS FUT
2380.75 5.50 +0.23%
OIL
97.22 0.57 +0.59%

This is a great buying opportunity at 1338.5. Of course there will be volatility, but it will be higher by end of the month.

 

[S2007S]

Quote from noddyboy:

This is a great buying opportunity at 1338.5. Of course there will be volatility, but it will be higher by end of the month.

No stopping this market, looking at Fridays jobs numbers, they took them down so much, 80k, I dont think it will be hard for job numbers to come well beyond that number at 100k+ Should push the SPX to 1370+ and to new 2011 highs!


Even if job numbers come in at 160k its still pathetic because the economy needs 250,000 jobs being creating a month to just help the incoming new labor force.

 

[shortie]

the job number will be 350K+

Mark my post

 

[kashirin]

Quote from noddyboy:

This is a great buying opportunity at 1338.5. Of course there will be volatility, but it will be higher by end of the month.

I will wait till 1370. It will be super great buying opportunity

 

[S2007S]

Why wait for 1370 when you can buy 1340 and get risk free returns all the way up to 1370+


S&P FUT
1341.90 6.10 +0.46%
DOW FUT
12621.00 52.00 +0.41%
NAS FUT
2387.00 11.75 +0.49%
OIL
97.36 0.71 +0.73%

 

[kashirin]

Quote from S2007S:

Why wait for 1370 when you can buy 1340 and get risk free returns all the way up to 1370+


S&P FUT
1341.90 6.10 +0.46%
DOW FUT
12621.00 52.00 +0.41%
NAS FUT
2387.00 11.75 +0.49%
OIL
97.36 0.71 +0.73%

Yeah you're right.
1370 is too low
At 1420 would be even better buying opportunity

 

[S2007S]

Quote from kashirin:

Yeah you're right.
1370 is too low
At 1420 would be even better buying opportunity

I say wait for 2007 highs to get long....market will only go even higher once it breaks those highs!

So forget 1340 and forget 1370!

 

[fly down]

Quote from Tsing Tao:

I admit to not understanding the markets

Agreed and incredibly you were made moderator of the ET trading section despite this admission