Gotta love ZERO RISK in the SP500 = $$$

Quote from ByLoSellHi:

They may cover their shorts, but then, there won't be any buyers with an ounce of conviction left as this market rides into next week.

All rallies will be sold. Lower we shall go.
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I think you're right. Now, think I'll go skiing for the weekend and get away from this mess. :cool:
 
The dow is still going under 12k, if the talking heads say that today there was an absolute bottom, they are lying right to your face. Again many will think that because we rallied off of such incredible lows that havent been seen in months, that the rally is still intact and that the dow will be back at new highs in only a few short weeks.:p :p :p
 
The indexes may very well be at new highs in a few weeks. The bull market is not over as yet, this is just a correction until otherwise indicated.
 
Quote from ByLoSellHi:

They may cover their shorts, but then, there won't be any buyers with an ounce of conviction left as this market rides into next week.
More...
Who said anythiing about next week?
 
was this the double bottom today???


I bet all the fools will annouce this as the double bottom and make it a bullish case. Again no correction ends in 2 weeks. We are going lower. A close below 12k should not suprise anyone.
 
Quote from HolyGrail:

The indexes may very well be at new highs in a few weeks. The bull market is not over as yet, this is just a correction until otherwise indicated.
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Come on, this sounds like what every bull on cnbc was saying.


Its time for the bear to come back, he has been gone too long.
 
Quote from S2007S:

Come on, this sounds like what every bull on cnbc was saying.


Its time for the bear to come back, he has been gone too long.
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I'm not making a prediction, I am just going by the facts. The primary trend is up which means we are still in a bull market. When that trend changes for the worse we will be in a bear market.
 
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