Gotta love ZERO RISK in the SP500 = $$$

[apex82]

Quote from apex82:

Youll see.... Just because the market gets bought up in the afternoon doesnt mean anything. We are in a bull market, its supposed to. Bull markets dont just roll over in a day, it takes time. They sucker people like you in and then will take out any money you have made buying the pullbacks in a week. Just watch the prices I stated earlier.

I couldnt have picked a better time to state this... the day the decline started. Told ya so just doesnt seem to cut it...

 

[indahook]

Quote from indahook:

Putting my nuts on the line here. Short the IWM @ 81.8 and I think the time is ripe for a 10% correction.

Hanging tight.

 

[candles]

3 stooges been wiped out?

I hope it bounces hard to keep them in the game so i can see whether they ever learn their lesson!

 

[faure]

Quote from ByLoSellHi:

So this is a one day spiel, and we will never have a multi-month or multi-year correction again?

I wish I could see the end of bottoms like you.

That's awesome. Congrats.

That's not what I said. This bull market is not going to end because China had a bad day. It's not any one thing that will sink the market.

 

[Wayne Gibbous]

Like I always say...


Short the Crash.

Bank the Cash!


Did Dumping markets Bust a Vein?

Sell 'Em Hard and Ride the Train!


Did Thorny finally get it Right?

Sell this Junk and Take a Bite!


Naz get Slammed for -3%?

Short some More and Make some Cents!



Just kidding. I'm buying.

A little now and a little later.

Good luck to all.

 

[austinp]

<i>"This bull market is not going to end because China had a bad day."</i>

The tired ascent will end when buying is exhausted. The ES traded 1444.50 on 12/15/2006 (as I've noted too many times) and right now prints 1425.50 as I write.

There has been no volume, no buying pressure in the biggest 500 for past 2.5 months. By the same token a lot of air pockets left on the way up are getting filled today in one fell swoop.

Bulls are exhausted, need a long rest

 

[ByLoSellHi]

Just to add fuel to the bear case - volume on the run ups for the past two months has been WEAK.

Volume today is off the charts.

Some have argued the point with me, but I say that demonstrates manipulation by longs in thinly traded levels the past two months.

Wicked plunge on heavy volume is just another arrow in the quiver of the bears.

 

[makloda]

0.15% away from being 2% down on the SPX. Close to cutting our zero risk streak!!!!!!!!!!!!

 

[Restricted]

Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on!

 

[Bowgett]

Days since 2% decline on S&P: 0