Boy you babbling on about nonsense, you show me where I said anything about 50 lotters, what's wrong with you? I posted my trade the day I made it. October 9th, said I was going to sit on this till December. I work away from home now. I'm not day trading anymore. You need to try something else, get a job.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Boy you babbling on about nonsense, you show me where I said anything about 50 lotters, what's wrong with you? I posted my trade the day I made it. October 9th, said I was going to sit on this till December. I work away from home now. I'm not day trading anymore. You need to try something else, get a job.
Hey maybe we get one of those surging openings followed by profit taking tomorrow.... I'm going to buy more spxs once the S$P breaks above 2100.....then go all in above 2200-2250....nothing has changed to cause the Dow to jump over 2000 points in only weeks....I guess all that talk about the fed keeping rates at 0% has investors jumping for joy...and with Draghi announcing more Possible QE the markets just keep getting more excited about all this free money!!!
Fed is not moving in December.... No rate hikes because the weak worthless economy can't handle it...especially with all that massive debt the economy is in...
Time will show which one of us is right, but its sure going to piss me off if i lose to a guy who doesnt even have a sell button.
Oh I see your mad because you lost. Find something else to do.
The fed is never going to raise rates, you know that.
Its so easy making free money doing nothing. So easy a caveman can do it.
I know it very well....they can't...remember they bow to wallstreet.
Rates will stay at these lows for at least another 5 years...another collapse and expect NEGATIVE rates
In conclusion, it's important to see whether the key support areas hold on any pullbacks. These areas are 1990-2000 on the S&P 500 and 4780-4830 on the Nasdaq. Earnings have been on the weak side overall thus far, but sentiment is still somewhat bearish according to recent sentiment surveys and the 21-dayput/call ratio, which is still up near 1.00. The key weekly support levels noted in this Oct. 1 article held nicely, but now the market is back up at some key resistance levels that will be important to watch in the coming days.
http://www.thestreet.com/story/1333...y-if-they-break-through-these-key-levels.html
http://www.thestreet.com/story/1333...y-if-they-break-through-these-key-levels.html
This monthly 20 year chart shows what's really going on. The last 4 years have been a parabolic move. Near vertical assent. This will correct, but I don't think it will happen over the next few months. Most likely when a new administration takes over the white house. The central bank will make sure Obama looks like a hero.
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And when it does correct, it will only correct to 1500.