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

If you look at the attached 10 year chart of the SP500 with the
20 and 40 month moving averages, you will notice that "bulls are struggling in an attempt to have March (2008) close above the 40ma."
"Throughout the history of the SPX, if the SPX has a closing month below its 40 month moving average, a long term
(1 to 3 year) bear market follows.
 

Attachments

Quote from cmdtytrdr:

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:
More...

Shows you the value of the headlines doesn't it? Zero.
 
Quote from cmdtytrdr:

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:
More...

Funny thing is if they can keep running the market higher they will make MORE MONEY then if they just did the obvious sell off.

The markets will eventually sell off but at this point there are no real surprises left. The market has been hit with all factual worst case scenarios and has been rallying consistently. This means this are no obvious catalysts left for a sell off in terms of backwards looking data.

Just wait till another major institution goes under. Then the real selloff will occur and the dip buyers will hold the bag cause they think the market will bounce again. You won't have to wait long.

But until then the sheep are in control.
 
busy day boys!! nice to be in the green today. i shorted more - covered nothing. i ABSOLUTELY love these protesters coming out against fed bailout. paulson also came out and said further bank help will probably be limited.

love seeing crude and gold going up too.

fed is DONE!!!!!!!!!!!!!!!! they used up half their reserves, slashed rates and the market and economy is no better. were gonna be 10% lower in major indices if commodities keep running higher.

its over benny. youre done. let the free markets work - you gave it a good attempt, but its time to throw in your hand. dont buyout mortgages you'll just bankrupt the fed...

s&p 1250 is a chip shot from here :D
 
Heh. The S&P has moved up more than 80 points from its intraday low last week, but the permabears do a victory dance whenever there's a down day.


Quote from cmdtytrdr:

busy day boys!! nice to be in the green today. i shorted more - covered nothing. i ABSOLUTELY love these protesters coming out against fed bailout. paulson also came out and said further bank help will probably be limited.

love seeing crude and gold going up too.

fed is DONE!!!!!!!!!!!!!!!! they used up half their reserves, slashed rates and the market and economy is no better. were gonna be 10% lower in major indices if commodities keep running higher.

its over benny. youre done. let the free markets work - you gave it a good attempt, but its time to throw in your hand. dont buyout mortgages you'll just bankrupt the fed...

s&p 1250 is a chip shot from here :D
More...
 
No kidding. Russell 2k moved 10% up from last week's low and now is down a whopping .5% today. Those bears really showed me who's in charge.

I am still hoping for a decent dip to buy.


Quote from MKTrader:

Heh. The S&P has moved up more than 80 points from its intraday low last week, but the permabears do a victory dance whenever there's a down day.
More...
 
Quote from MKTrader:

Heh. The S&P has moved up more than 80 points from its intraday low last week, but the permabears do a victory dance whenever there's a down day.
More...

oracle down 9% after hours - spus selling off. bwahahaha. youre gonna get slaughtered you idiot. please keep bidding ill hit you all day. down 10% now...wow

homes and banks not bad enough, here comes tech, and $5 pop in oil. bye bye market
 
You must log in or register to reply here.
Back
Top