Don't Get Shaken Out - Short the Market!!

Quote from flipflopper:

They're starting to shake my ass out. Action today is incredibly bullish. Market should be down 200+. We may still get it but I ain't doing my victory dance yet.

Them boys don't want to take a dive... even when they should... which usually leads to a stronger rally. Remember the strongest trends happen against the fundamentals... people don't believe it and keep going against the trend and getting squeezed which leads to more acceleration.
More...

i know its weird. lotta people buying. guess they liked the confidence numbers :p

these sheep are gonna get slaughtered. dont get shaken out!!!
 
Quote from tradingbug:

YOu have a very nice friend :D
More...
Ya, he is pretty bold in his opinions. But he keeps on telling me that 1100 is closer than I think. Who knows? He could be right. This guy is 73 years old and he has been on the markets for 47 years = he has seen a lot!
 
Quote from MAESTRO:

Ya, he is pretty bold in his opinions. But he keeps on telling me that 1100 is closer than I think. Who knows? He could be right. This guy is 73 years old and he has been on the markets for 47 years = he has seen a lot!
More...

has he made a lot?
 
Quote from cmdtytrdr:

i know its weird. lotta people buying. guess they liked the confidence numbers :p

these sheep are gonna get slaughtered. dont get shaken out!!!
More...

I don't really get shaken out... I get stopped out. One thing I've learned is my opinion means nothing. Last time I got stubborn I lost half my capital in one day. I was shorting the market in July and was maxed out short on July 12.

Does it matter that I was "right"?

No... cause I should have been buying like the sheep and become bearish when the market became bearish.
 
market about to go unched. wtf??? these monkeys like the numbers today:

housing - worst since CS index started in decades

consumer confidence - worst in decades

banks - more downgrades and multi-billion dollar write-downs ahead

:confused: :confused: :confused:
 
Did anybody tell you that there is no logic to the markets? One cannot answer the question "WHY?"; one can only make a decision and live with it.
 
You must log in or register to reply here.
Back
Top