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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Quote from S2007S:

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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Gotcha. For maximum credibility, it might behoove you to post your exits (which includes the ones where you supposedly take a loss).
 
Hey guys, im still a newb to stocks trading, only been following the market daily for about 2 months and im still having a hard time understanding everything,.. but wtf was going on today... why was everything dropping like there is no tomorow? was a tad bit confused. if anyone cares to maybe explain to me how they saw the market today, if not, please no ET drama...

cheers
 
Quote from Ivanovich:

Yo no sey.

I guess he's hiding under a new username?
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blowshan will be back when the s&p is trading at 960 and telling us all after the fact how he sold 1000 calls when it was at 1015 while hoping we forgot about him saying to sell 950's as well.
 
Most stocks up at this moment are defensive in nature. This is often a topping pattern so tomorrow should see the start of a decline. I'm not short yet, though.
 
Quote from risktaker:

Most stocks up at this moment are defensive in nature. This is often a topping pattern so tomorrow should see the start of a decline. I'm not short yet, though.
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Really? The financials are defensive?
 
Looks like short covering there today.

Like I said I'm not short YET. Need a little more confirmation.

Quote from Ivanovich:

Really? The financials are defensive?
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