Futures Going To Get Killed Tonight!!!

All I know is that the 20 or so stocks I watch had no after hours sell off that was written about in the beginning of this thread, they all were even.
 
Quote from HolyGrail:

The market is what it is...

If your premise was correct then ecnomists would make the best traders in the world. From what I can determine, they make the worst.
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And a quote from our new Fed Chief Trading Officer---An Economist:

I say this with some confidence because I tried to speculate... (with limited success I might add, indicating why I remain an economist rather than have transitioned to being a trader).”
 
the problem i have holy grail is where the dow is down 60 ok.....i can understand people could find value ad buy some stocks here............but that is not what has been happening HG.....THEY pushed up (hedge funds) the indexes....up 45....but it was just an artificial move....as they didn` want to keep any of these stocks.......as it dropped 50 points in 10 minutes.....this has been happening alot....just pure market manipulation....not even trading........just pure manipulation of individual stocks, indexes, etc.....when you see a stock like chtr which was 3.06 the other day....it was 1.08 in august/september....and it has more debt and a lot of problems-ok.....that is just g soros manipulation (there are all kinds of these examples.....this is artificial/bubble stuff....and is bad for markets in general....if you can`t trust the markets (integrity) that`s bad--makes it harder to make rational decisions--if they are manipulated to this degree.

you know the dow was 7,400 in 2002...that`s almost 5,000 in 4 years....that`s a lot of appreciation of market cap of companies.....it just isn`t a rational and sustainable level of appreciation where we are right now...and this last 500 points is real frothy......instead of going back down to 11,700-11,500---b/c of this "froth" we endanger a bubble crash--where it won`t be fun for those who get back in just a little late.

i understand markets reacting differently to news....that`s not what I am talking about....I`m talking about the artificial movement of markets where others are gaming the system because they are big enough to do it....where there seems to be "coordinated buying" and selling without rhyme or reason....and that makes decision making for investors,traders and market participants almost irrelevant--this is ultimately bad for markets.

If you cannot make decisions based upon intelligent research, etc, due dilligence, but rather being on the "lucky" side of the money inflow/outflow which is decided arbitrarily by a select group of insiders this is ultimately not good for having reasonably "fair" markets to trade.
 
Blue, the problem is that the markets almost always overshoot. It happened in 2000, 2003 and maybe now. Ask yourself if you would not have been feeling the same way about the market in 1999; you had to wait a full year for the peak.
 
Quote from BlueStreek:


The real kicker which everyone has completely wrong is that the fed will not be able to cut rates to save housing, in fact, it looks like they will have to raise rates in 2007, and this fact is not being priced into the bond markets, gold markets, currency markets or the equities.

When this bubble crashes, and people start defaulting on the loans they borrowed from various credit sources (carry trades), to invest in higher returning places like the equity markets, which they thought would subsidize these loans through 25-40% returns, the dow could easily drop 2,000-3,000 points from here.

We are going to have painful reverberations throughout the credit community as a result of this irrational liquidity and cheap capital SLOSHING AROUND RIGHT NOW.
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Number 1, the market is geared for the least amount of people making money from its moves. Everyone knows the economy is going into the shitter. Do you think you're the only person that has come to this conclusion?

Number 2: For institutions to unload their shares to the unsuspecting public there would have to be a great deal of volume. Your 150 down day this week just had normal average volume. Does that really look like the big boys dumping their shares in a panic? You will ALWAYS see at least 2 billion shares traded on the nyse for a few days during the month when something major in the market is about to happen, either up or down.

Number 3: Stop watching all business and economic news and just concentrate on what the market is telling you. It always tips its hand if you watch close enough.

Number 4: as I mentioned previously, when it does go down it will go right back up. That's the low risk time to short the market.
 
Quote from HolyGrail:

Number 1, the market is geared for the least amount of people making money from its moves. Everyone knows the economy is going into the shitter. Do you think you're the only person that has come to this conclusion?

Number 2: For institutions to unload their shares to the unsuspecting public there would have to be a great deal of volume. Your 150 down day this week just had normal average volume. Does that really look like the big boys dumping their shares in a panic? You will ALWAYS see at least 2 billion shares traded on the nyse for a few days during the month when something major in the market is about to happen, either up or down.

Number 3: Stop watching all business and economic news and just concentrate on what the market is telling you. It always tips its hand if you watch close enough.

Number 4: as I mentioned previously, when it does go down it will go right back up. That's the low risk time to short the market.
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well put. I agree with this. with a caveat

I thing monday's drop was a preview, and the "come back up period is now. if it does not make a higher high today or tomorrow...it will be a telling sign.

I amslo agree with the economic reports statement.

If people (including myself) would turn of hte F'in TV...and watch the charts, we would do much better.
 
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