Gotta love ZERO RISK in the SP500 = $$$

Send in your nominations for "Trap and Harvester" of the year...

So far I'd rank the Russell 2000/IWM move from yesterday to today as one of the better ones..obviously crude oil has had a slew of them...so many to choose from in recent weeks/months...
 
Nine_Ender said:
Hard to believe after that tremendous AAPL report that anyone thought markets could go down today. They are proof in concept that the consumer market in China is far stronger then one might think. Check out their sales in China over the last two years, you'll be shocked by the billions of product they sell every quarter.
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I don't take issue with your bullishness, just the reasons you ascribe to it...Visaria is more sensible in his bullishness; i.e. he views the entire market via the actions/inactions of the CB's, while you are trying to rationalize market moves on the basis of somewhat obscure fundamental analysis...
 
der_kommissar said:
I don't take issue with your bullishness, just the reasons you ascribe to it...Visaria is more sensible in his bullishness; i.e. he views the entire market via the actions/inactions of the CB's, while you are trying to rationalize market moves on the basis of somewhat obscure fundamental analysis...
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yea, this rally has Nothing...absolutely Nothing to do with China..AAPL rally also Nothing to do with China

In fact markets in general moving in spite of China...china's obvious problems being ignored or over shadowed by a much larger global central bank and the reason the central banks are acting so unanimously is that china is in "Bad" shape for the time being
 
Pricechange said:
yea, this rally has Nothing...absolutely Nothing to do with China..AAPL rally also Nothing to do with China

In fact markets in general moving in spite of China...china's obvious problems being ignored or over shadowed by a much larger global central bank and the reason the central banks are acting so unanimously is that china is in "Bad" shape for the time being
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Agreed...cognitive dissonance off the charts nowadays...the worse the economic backdrop, the more bullish things get...as someone noted a few weeks ago, in Q3 bad news was taking the market lower, then it reversed back on Oct 2 and has never looked back...Kudos to Visaria and a few others on here who had the foresight to see what was about to occur...My consolation is that I wasn't a stubborn bear...nibbled on the upside, that's about it.
 
So the dollar rockets on a hawkish fed, bonds tank and stocks soar, all of these points to panicky asset managers rotating out of treasuries into stocks, I got a feeling these guys will be buying the highs and selling the lows again.

Got a a limit order to sell ES at 2095, hopefully it will be filled overnight.
 
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