Dow 13000 a piece of cake

Quote from notouch:

First rule of trading: ignore guy on CNBC.

Second rule: ignore overbought levels.
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While I understand what you're saying...
I'm not sure either of these rules are correct. Ignore never. Take it in, take it all in. Observe the delirium and the panic and position yourself accordingly.
 
Quote from S2007S:

Im bearish and im even calling for DOW 13,000. However market is completely overbought.
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no such thing....


overbought just gets more overboughter-er imo.....
 
We may eventually get there, but I think we need a little cooling off or time-out here for the bulls to rest and get some energy for the next run. I am actually short-term bearish, but being a bear has not been good lately. Bulls have been running wild, but it's getting crazy http://lauristonletter.blogspot.com/
 
Quote from lauriston:

We may eventually get there, but I think we need a little cooling off or time-out here for the bulls to rest and get some energy for the next run. I am actually short-term bearish, but being a bear has not been good lately. Bulls have been running wild, but it's getting crazy http://lauristonletter.blogspot.com/
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I have been hearing that for 4 years now
 
I am not bearish, until the acquisitions will no loger be an issue. As well as, more IPO's coming to the market.

Until then party on.

PS.....earning are slipping :mad:

but they should pick up in 3rd and 4th Q........

No worry?????:confused:
 
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