If a Sizable Correction Were To Take Place, What Would be the Reason?

If a Sizable Correction Were To Take Place, What Would be the Reason?

  • Geopolitical Problems

    Votes: 13 20.0%
  • No More QEs

    Votes: 15 23.1%
  • Disappointing Earnings

    Votes: 2 3.1%
  • Strong Possibility of Rising Interest Rates

    Votes: 6 9.2%
  • Technical Glitch (similar to Flash Crash)

    Votes: 2 3.1%
  • Profit taking

    Votes: 11 16.9%
  • High Unemployment

    Votes: 2 3.1%
  • Other

    Votes: 14 21.5%

  • Total voters
    65
Quote from stock777:

the only reason you are asking is to try and deflect from the fact that 90% of you were bearish all the way up

thank you for your contribution, Sherlock.
 
Quote from stock777:

the only reason you are asking is to try and deflect from the fact that 90% of you were bearish all the way up

weren't you bullish all the way down? :D Landis please confirm this
 
Failure at 1340 will set off a major sell signal which will snap the market back into reality and will shut up nine ender for a few days at least and that event, the quieting of nine ender will spark a major correction.
 
Cotton sells off.

Tthe underpants gnomes are making a killing by stealing cotton underpants and selling it at higher prices than a year ago. Their new found profits is the reason this market does not sell off.
 
hahaha, love this thread.

Hey I just had a bullish thought. What IF (IF IF IF) the "deception" that mr. Market is playing is that instead of that this is a mania induced by QE2(3,4,5,6) the stock market is in effect recovering on its own and when QE ends nobody will give a shit cos the economy is rippin' and recoverin'?

That wud be sumfin...
 
Quote from Locutus:

hahaha, love this thread.

Hey I just had a bullish thought. What IF (IF IF IF) the "deception" that mr. Market is playing is that instead of that this is a mania induced by QE2(3,4,5,6) the stock market is in effect recovering on its own and when QE ends nobody will give a shit cos the economy is rippin' and recoverin'?

That wud be sumfin...

oh yeah, evidence of recovery is everywhere.
 
Quote from tivthetrader:

Failure at 1340 will set off a major sell signal which will snap the market back into reality and will shut up nine ender for a few days at least and that event, the quieting of nine ender will spark a major correction.

Hate to disappoint you but we are going to 1400 minimum by early April. Sometime in April we will make an intermediate top followed by a fairly flat to down summer.

I further predict a lot of traders will be bitching in the summer about low volumes and how hard it is to trade. Meaning those traders who didn't participate September to April in this rally are going to realize they missed a tremendous opportunity to trend trade and beef up their accounts.

ps This month has been my most profitable month since March 2009.
 
Quote from Tsing Tao:

oh yeah, evidence of recovery is everywhere.

US GDP of 3.7% and Philly Fed # of 38. There is your evidance.
The market paid attention even if you didn't.
 
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