Dow futures up 51

[S2007S]

Quote from nonlinear5:

As long as I see "rationalisations" like these, I'd be happy to keep my long position. What you fail to see is that in 1999, the valuations were at historic highs, while today, the valuations are at historic lows. S&P 500 has another 25% gain to make to be at a fair level.

today there is a credit bubble...thats worse than the dot com bubble of 1999.

 

[nonlinear5]

Looks like they fired the programmer who coded the "program trading" sell off at the S&P new all time high the other day.

 

[S2007S]

14k by end of may

 

[S2007S]

I can see the buy programs kicking in on the dow,

 

[makloda]

Congrats to all pigsters!!! Free $$$

 

[LeonPhelps]

Quote from pumpanddumper:

Looks like another big day for the bulls and looks like my account goes down another few k.

Market is rigged...

Dude, why beat your head? Just go long - it's never too late.

Just may sure you leverage up to make up for what you've missed out on so far.

 

[kashirin]

Quote from LeonPhelps:

Dude, why beat your head? Just go long - it's never too late.

Just may sure you leverage up to make up for what you've missed out on so far.

are you joking?
from 12.000 to 13.600 in 2 months
Dow is so overbought.
It must consolidate and give entry point around 12500-13000
If it doesn't consolidate it's a bubble and it can burrst any moment
of course it can go to 20 000
it already looks like China. But being long now is too risky

By the way look at bonds 10 year is 4.83%. Looks like no rate cut.
If it hits 15 000 by the end of summer I think Fed will be forced to hike rates so we will get nice 15% sell off

 

[S2007S]

Put-Buying May Hint at Coming Correction
TheStreet.com (subscription), NY - 1 hour ago
Yesterday's index put/call ratio was a whopping 385%. The last time we saw a reading that high was Feb. 23, two trading days before the February crash.

 

[makloda]

Quote from kashirin:
It must consolidate and give entry point around 12500-13000

It must consolidate? Why so you can get in? Markets don't work like that

 

[LeonPhelps]

Quote from S2007S:

Put-Buying May Hint at Coming Correction
TheStreet.com (subscription), NY - 1 hour ago
Yesterday's index put/call ratio was a whopping 385%. The last time we saw a reading that high was Feb. 23, two trading days before the February crash.

The Illuminati at it again!