Quote from S2007S:
S2007S
Registered: Aug 2006
Posts: 2008
02-15-07 11:57 AM
Quote from EqtTrdr:
so then please tell me where is the risk going long indexes??
WHERE?
there isnt......close above 12775 today
nasdaq 2500+
right about the 12775 and about 3 points off the nasdaq
Quote from nonlinear5:
Still bullish until the differential between the S&P earnings yield and the 10 yr bond yield reduces to 0. That should happen at S&P 500 at around 1900, or the 10 yr bond at around 6.7%, whichever occurs first. Could be a combination of the two, of course. Either way, the S&P is vastly undervalued compared to the 10 yr bond. The money has to find a place to flow to.
Here is my blotter for today:
Quote from austinp:
5pt range in the ES all session. Unchanged since 11:30am yesterday (yawn).
Highs on 12/15/2006 (41 sessions ago) 1444.25 with current print 1461.25 or +15pts ascent in three months. I used to book bigger intraday trades in the SPX than that.
Would someone please tell the tapes how bullish everything is? I'd love to go long and actually see some profits result. Where's all the big-money players buying up these screaming bargains?