Drunk!!

[stock_trad3r]

Quote from frank grimes:

yesterday we were up huge on good numbers, today is called momentum, the fed is probably going to have raise rates at some point stock, the only numbers that matter are 1) dollar 2) deficits, and 3) the bond mkt will be raiding rates with or w/out the fed. I have a funny feeling, retail is gonna get sucked in at or near the end......again.

Stocks are still cheap though in terms of valuations. Companies on the S&P are reporting record revenues & profits. This is also contributing to the five year rally.

 

[stock_trad3r]

Quote from flipflopper:

I'll bet you pat yourself on the back and reward yourself with a cookie each time you come up with theories like that huh.

I wish I had it all figured out like you.

Too bad you're not smart enough to make money. Always on the wrong side of the trade.

 

[bluud]

Quote from flipflopper:

It took me a long time and a lot of money to learn that the economy and the stock market have very little correlation in the short term.

A famous Bobby Fisher chess quote:

"Play the board not the man".

Play the market not the economy.

Well Said.

Also let's not forget that the market most times moves against our anticipation ... that is how the few make money out of it and the majority loose.

 

[SiSePuede!]

Quote from stock_trad3r:

Stocks are still cheap though in terms of valuations. Companies on the S&P are reporting record revenues & profits. This is also contributing to the five year rally.

How do you figure that?

 

[bluud]

Just look at the posts on ET, most are expecting a significant drop, which is why it shouldn't drop to make sure the most profit is made.

Other people's fear is a great source of income for the elite ... a good example: the made up global warming shit ... fear of possible attacks.

 

[thecalip]

Quote from frank grimes:

yesterday we were up huge on good numbers, today is called momentum, the fed is probably going to have raise rates at some point stock, the only numbers that matter are 1) dollar 2) deficits, and 3) the bond mkt will be raiding rates with or w/out the fed. I have a funny feeling, retail is gonna get sucked in at or near the end......again.

The Fed will not raise rate, not when Ben is in charge.

 

[apex82]

when did the market ever make sense... it will do whatever it wants..

 

[frank grimes]

Saying most everyone on this board is bearish is quite a leap. michaelscott is bearish, he starts 10 threads a day to tell us so. The falling dollar is good for the mega comapnies for now, sooner or later the fed will have to step up to the plate. I agree with you totally stock., companies are reporting big numbers, but when you put earnings to a closer look, the stink starts to come out. buybacks, underpromising,etc etc.. The mkt going higher, until all the stink matters. I will let the bond mkt show me first, equity mkt will follow 3-6 months later. Bonds have certainly peaked, we shall see in the fall.

 

[stupididiot]

Quote from frank grimes:

sooner or later, the dollar will become a problem.

Really sticking your neck out there, huh?

 

[Frankenstink]

I just sold SDS s&p Ultra short, for a loss of 7.5%

After 7 years of trying I have always done the exact opposite of the correct thing.

So anyone Long better watch your assets the big correction or crash begins monday.