I dare you the great bulls to dip buy this one
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herd mentality, get short, get short.
smart money buys value
by the way, who do you think is on the other side of those shorts? Think is a bunch of dumb-ass hillbilies? Your shorts are deep pocket longs. Its not about who is right or wrong at this point, its about staying power, patience and of course very deep pockets. We'll see, its kinda funny though when you think about it.
smart money buys value
by the way, who do you think is on the other side of those shorts? Think is a bunch of dumb-ass hillbilies? Your shorts are deep pocket longs. Its not about who is right or wrong at this point, its about staying power, patience and of course very deep pockets. We'll see, its kinda funny though when you think about it.
the myopia here is astounding.
dow is down less than 1%
Nascrack is down 1.30%
that is NOTHING
have some PERsPECTIVE
in every bull market in history we have had much bigger red todays than today, and far more frequently (on average)
we've gone longer without a 2% down day, than we have in many many many years
we are in a low volatility enviro (see" the VIX) and that is clear by all the idjots who think a very minor red day is some sort of cataclysmic event
oh yea. and MSFT is up strongly in ah's due to earnings
dow is down less than 1%
Nascrack is down 1.30%
that is NOTHING
have some PERsPECTIVE
in every bull market in history we have had much bigger red todays than today, and far more frequently (on average)
we've gone longer without a 2% down day, than we have in many many many years
we are in a low volatility enviro (see" the VIX) and that is clear by all the idjots who think a very minor red day is some sort of cataclysmic event
oh yea. and MSFT is up strongly in ah's due to earnings
exactly... i am salivating at potential for a bullish breakout.
we're still in the ranges; earnings aren't that bad, and Ford/Housing doesn't matter.
Just a (hopefully) final puke before a long overdue (2 months) another leg up.
we're still in the ranges; earnings aren't that bad, and Ford/Housing doesn't matter.
Just a (hopefully) final puke before a long overdue (2 months) another leg up.
exactly
note the qualifier - in our CURRENT LOW VOLATILITY environment (people are blind to the larger history of the market)
it's myopia
study the market, not just the recent past
the dow was not even down 1%.
it was a very minor selloff by most metrics.
volatility is more cyclical (and more predictable) than price
and if people don't know how to trade higher volatility they will get hammered
note the qualifier - in our CURRENT LOW VOLATILITY environment (people are blind to the larger history of the market)
it's myopia
study the market, not just the recent past
the dow was not even down 1%.
it was a very minor selloff by most metrics.
volatility is more cyclical (and more predictable) than price
and if people don't know how to trade higher volatility they will get hammered