Quote from TheAngryHermit:
Don't fight the tape.
I Posted that on page one of this thread. That should be rule number one for every trader.
I'm calling it - The Top Is In
- Thread starter swtrader
- Start date
I Posted that on page one of this thread. That should be rule number one for every trader.
"How many calls for oil top along the way?"
none from me, that was fresh price territory
you've been posting a lot lately - if you want others to really understand how much you know, have you considered just offering something rather than picking at others and saying 'i told you so', i know more than you?
maybe you do, but any junior high school kid could come here and do what you do
At this rate, there wont be a top in 2009.
As long as rates remain this low and the USD worthless, smart money is going to equities and commodities.
You can't use the excuse of low unemployment to trade this market, it's going up for other reasons, reasons like the ones posted above.
Just keep buying the pullbacks until pullbacks are unable to make higher highs. No other way to "sanely" trade this market.
As long as rates remain this low and the USD worthless, smart money is going to equities and commodities.
You can't use the excuse of low unemployment to trade this market, it's going up for other reasons, reasons like the ones posted above.
Just keep buying the pullbacks until pullbacks are unable to make higher highs. No other way to "sanely" trade this market.
yep, top is in...lol.
I as stated before, the market is trading on thin volume, most people who have a net worth, are out of the market. The gov and its "Money" is pump'n away and now the idiot fund managers are putting the middle class 401ks to work by chasing the dow 11000.
I'm still super bearish on the Stock Market...however, no reason to try and short it until you send a trend reversal.
Lets get real...the market has never ran this long, this % , from a bottom.....and these are uncharted territory.
So, this is a traders market on the upside and ride the wave.
For the rest of the 95% of the american population who are looking towards their 401k...its party in the streets...for now.
I as stated before, the market is trading on thin volume, most people who have a net worth, are out of the market. The gov and its "Money" is pump'n away and now the idiot fund managers are putting the middle class 401ks to work by chasing the dow 11000.
I'm still super bearish on the Stock Market...however, no reason to try and short it until you send a trend reversal.
Lets get real...the market has never ran this long, this % , from a bottom.....and these are uncharted territory.
So, this is a traders market on the upside and ride the wave.
For the rest of the 95% of the american population who are looking towards their 401k...its party in the streets...for now.
