HUGE equity rally ahead?

Free Thinker · Apr 20, 2006

Quote from stktrdr:

Market needs to go down in order to go up.

What is it that I have said to offend you?

Sometimes the truth makes us uncomfortable. It's only when we ask WHY, that we are able to learn.

Do not be fooled by my cavalier* attitude.

[*substitute with whatever adjective you wish]

you havent offended me. i just think this yahoo type cheerleading is childish.

stktrdr · Apr 20, 2006

So little follow through to the downside. Bears have gone into hibernation!

I think we squeeze higher into the close. And look for small caps to outperform this afternoon.

cnms2 · Apr 20, 2006

Another time wasting thread. I wish you good luck!

stktrdr · Apr 20, 2006

I am glad there is SO much resistance to my uber-bullisher stance. Makes me more secure in my conviction that the market is going HIGHER.

steveosborne · Apr 20, 2006

Is that when you went from being bearish to uber-bullish?

Quote from thorn 04-18-06 07:31 PM:

I was completely wrong about today. I have no excuses. Congrats to the bulls. This strength has me scratching my head.
http://elitetrader.com/vb/showthread.php?s=&postid=1042951#post1042951

stktrdr · Apr 20, 2006

Quote from steveosborne:

Is that when you went from being bearish to uber-bullish?

Not sure that I understand the question...? But it is nice to see a bear throw in the towel EARLIER rather than later.

steveosborne · Apr 20, 2006

True.

cnms2 · Apr 20, 2006

What positions do you have opened? Or you're just forecasting?

Quote from stktrdr:

I am glad there is SO much resistance to my uber-bullisher stance. Makes me more secure in my conviction that the market is going HIGHER.

stktrdr · Apr 20, 2006

Quote from cnms2:

What positions do you have opened? Or you're just forecasting?

Through futures, etfs and options I have long exposure to US and European broad indexes. I will be buying more on dips. But contrary to the impression I give when I write I am not dumb. I will also sell some on rallies.

We may get more of a dip tomorrow depending on margin calls in OTHER markets. Again that'll be a buying opportunity!

TheDr. · Apr 20, 2006

Quote from stktrdr:

Through futures, etfs and options I have long exposure to US and European broad indexes. I will be buying more on dips. But contrary to the impression I give when I write I am not dumb. I will also sell some on rallies.

We may get more of a dip tomorrow depending on margin calls in OTHER markets. Again that'll be a buying opportunity!

Interesting..

Would you explain further?