It is not over until the bear sings.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
It is not over until the bear sings.
Do what ET does best, when wrong (which is plenty of times), ADD!!!!
Yeah I knew some secret listener was looking at my post and trying to hit my stops, so I "accidentally" went long rather than short this AM. HA!
Do what ET does best, when wrong (which is plenty of times), ADD!!!!
Actually, IME, a lot of ETers when wrong proclaim they reversed their position hours before.
Unless its a timely call or late backed with time stanp dismiss as bullshit.
I think that there is a decent probability that the Fed will raise in Dec. The Fed had to give enough warning shots until the sell side changed its sales pitch. It went from the Fed raising would be the worst thing possible for equities to presently it is a great thing because it shows the Fed has faith in the economy. I remember seeing sell side guys on CNBC last Fed meeting and they were almost demanding that the Fed raise rates. Of course, I might be completely wrong. We will see. It was interesting to see how the psychology changed WRT a hike.
And just like that a rise of 1.5% just as I predicted....
Simple as that....
Risk free is back on...last Thurs and Fri was just a small little scare...then when everyone thought the markets were going to fall on the Paris news and didn't it just rallied harder. So risk free is back on...buy anything and make free money....
It will roll over, but not like this.
Almost every time you use the term "everyone" in your posts it would be more appropriate to say "a few people" or "some of my friends" or maybe "a loud minority". It's never the majority opinion you think it is. Perhaps you hang out with a financially illiterate crowd, and that is why you have no real sense of market sensibilities or what intelligent investors are thinking.
But no worries, UWTI is up to $6.99 after hours and you can retire off your profits
.