huge stock market rally is over for now!

Is the huge rally over for now?

  • yes, rowshan is usually right

    Votes: 110 34.2%

  • No! more upside ahead

    Votes: 113 35.1%

  • I don't know/I don't care/stop with your polls

    Votes: 106 32.9%
  • Total voters
    322
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Anyone buying the dip?

All the bulls are calling for a dip of a few percentage points followed by a run to 1050-1100 on the s&p.

Is this the dip?


:confused: :p :confused: :p
 
Quote from Ivanovich:

Probably. Why don't you tell us what positions you've imagined yourself into this time?
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was long 1000 rfn @ 6.5999999


sold those today at 6.86

quick $250, another hour and I would have pushed it to $500 but with the bulls out in full force taking quick profits is the only way to play this insane bear market rally.
 
Quote from S2007S:

was long 1000 rfn @ 6.5999999


sold those today at 6.86

quick $250, another hour and I would have pushed it to $500 but with the bulls out in full force taking quick profits is the only way to play this insane bear market rally.
More...

That's odd. I thought you went long RFN back a few weeks at 9 and change. Let me guess, you miraculously got out of that just in time?

Yeah, here it is:

http://www.elitetrader.com/vb/showthread.php?s=&postid=2502857&highlight=RFN#post2502857
 
Quote from S2007S:

You are right, thats in my IRA, I still hold those shares at a loss, the 1000 I bought is in my trading account. Two different accounts.
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Ah, good of you to clarify. I'm still at odds over the whole "trading" account when you said (many, many times) you were an investor and didn't "trade".
 
Quote from Ivanovich:

Ah, good of you to clarify. I'm still at odds over the whole "trading" account when you said (many, many times) you were an investor and didn't "trade".
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I said I DIDNT trade for a living, I do trade though a 5-10 times a week in my trading account, I do not do it full time.
 
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