Go long SPY again, make money again!

Quote from S2007S:

why waste your time thinking 1420 when you know for a GIVEN FACT they will push the SPX to fresh highs in the next 6 months. If you know its going to 1420 you should just say 1575 or 1600 because thats where its going, they are not going to stop the rally at 1420, 1420 is just the beginning as the SPX makes its way to new highs by mid 2011.

True, but that's when I will being to bank profits, personally.
TA works differently on the ES in that bullish patterns still work, and bearish patterns stall the market (maybe a slight correction) rather than precedes a decent drop.



Quote from S2007S:They are going to pump the market up and inflate their way out of this crisis but when the next collapse comes dont think its going to be a 10-20% correction, its going to be more like a 40-70% correction, the higher this market goes without any meaning full pullback the next collapse will set off one of the biggest sell offs in history. [/B]

No way. There wont ever be a huge huge drop of such percentages on teh ES. It wont be allowed. Rules will be put in place again to ensure the upside bias remains (think 'uptick rule', new reduced 'limit down' figure, more frequent weighting of the S&P to quicker get rid of underperfoming stocks etc etc etc)

We go UP in the ES. it HAS too
 
Quote from S2007S:

The market is the only thing that make those feel a bit richer than they were the day before, however how many people who actually live in the US depend on the stock market to make ends meet??? NOT many people. With nearly 50,000,000 in Poverty who is actually benefiting from the rally in equities....all were doing is creating inflation.... how are tens of millions of people out of work with tens of millions of people in poverty going to afford to heat, feed and cloth their families as prices of consumer good skyrocket.... the only way Bubble ben bernanke and friends know how to so call "fix" this crisis is to inflate their way out.... they will be proven wrong in years to come when inflation is running rampant through the system. This is not the kind of fix you want, everyone is jumping for joy because stocks are up but who is that really benefiting, again its only the rich and wealthy getting the bailout while the middle class working family is still struggling...Pull out some more magic tricks Bubble ben bernanke, your going to need a lot more than the ones you have right now. haha


maybe they should have not gone into debt to buy mcmansions and leasing bmws to look rich and they could have lived below means and saved up capital to build a trading portfolio.
 
Quote from S2007S:

why waste your time thinking 1420 when you know for a GIVEN FACT they will push the SPX to fresh highs in the next 6 months. If you know its going to 1420 you should just say 1575 or 1600 because thats where its going, they are not going to stop the rally at 1420, 1420 is just the beginning as the SPX makes its way to new highs by mid 2011. They are going to pump the market up and inflate their way out of this crisis but when the next collapse comes dont think its going to be a 10-20% correction, its going to be more like a 40-70% correction, the higher this market goes without any meaning full pullback the next collapse will set off one of the biggest sell offs in history.

I agree on your assessment of next collapse. However, I think one calamitous event (at any point in time) could trigger this mass selloff. You have to remember that over 70 % of daily market activity is now controlled algorithmically HFT-based computers. A calamitous event can lead to indicators pointing in the opposite direction, which can cause flash-crash-like events to occur, at the drop of a hat. I believe that we will see such a crash in 2011.
 
Quote from candles:



No way. There wont ever be a huge huge drop of such percentages on teh ES. It wont be allowed. Rules will be put in place again to ensure the upside bias remains (think 'uptick rule', new reduced 'limit down' figure, more frequent weighting of the S&P to quicker get rid of underperfoming stocks etc etc etc)

We go UP in the ES. it HAS too

Do you even understand what you say?
Fed failed miserably with QE2 and was not able to achieve lower yeilds in bond

At some point bond yeilds will be much more important than the stock market

now imagine - in 3 months dollar goes down 15%, 10y bond is above 5%
that's very real possibility
what Fed will do?
they won't be able to print more as oil will be around $120-130 by that time
they will engineer market crash as it will be their only choice to prevent bonds from crashin and not inducing hyperinflation

it's like Japansese had a choice 1% bonds and 10 000 Nikkei or 10% bond and 40 000 nikkei
 
Quote from kashirin:

Do you even understand what you say?
Fed failed miserably with QE2 and was not able to achive lower yelds in bond

At some point bond yeilds will be much more important than the stock market

now imagine - in 3 months dollar goes down 15%, 10y bond is above 5%
that's very real possibility
what Fed will do?
they won't be able to print more as oil will be around $120-130 by that time
they will engineer market crash as it will be their only choice to prevent bonds from crashin and not inducing hyperinflation


Something is going to give sooner or later, the fed will be stuck trying to pull any magic trick they can if the dollar were to drop 10%+ and the 10yr bond rise above 5%.

They think they have the solution, I guess everyone thinks they are doing everything correct when the stock market is going in only one direction, sooner or later that comes to an end as well. Bubble ben bernanke is doing this all wrong, his cheap easy money policies followed by QE, 1, 2 and 3 and 4 will only cause more stress on the system moving forward but for now as long as stocks are going on up on a daily basis no one seems to care what he does or how he does it. Let Bubble ben bernanke think he is fixing everything when in reality he isn't doing a damn thing to make things better.
 
At least 10 years from now Ben will have one thing to his credit:

Bringing about the birth of the Islamic nation and a new middle east.

Printing money has many effects indeed...
 
Quote from S2007S:

Something is going to give sooner or later, the fed will be stuck trying to pull any magic trick they can if the dollar were to drop 10%+ and the 10yr bond rise above 5%.

They think they have the solution, I guess everyone thinks they are doing everything correct when the stock market is going in only one direction, sooner or later that comes to an end as well. Bubble ben bernanke is doing this all wrong, his cheap easy money policies followed by QE, 1, 2 and 3 and 4 will only cause more stress on the system moving forward but for now as long as stocks are going on up on a daily basis no one seems to care what he does or how he does it. Let Bubble ben bernanke think he is fixing everything when in reality he isn't doing a damn thing to make things better.

who cares this is easy money we should make it while we can
 
Perception is reality...

Quote from S2007S:



They think they have the solution, I guess everyone thinks they are doing everything correct when the stock market is going in only one direction....
 
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