Is this really happening

Quote from Danulous:

why is everybody so negative, scared, and skeptical
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I agree, personally I was much more concerned about last year's move from late Oct. through the Spring.


I guess U.S. stock holders don't deserve to get rewarded for holding companies with balance sheets stronger than ever and double digit earnings growth for like the past 14 quarters. There are more quality companies generating more cash now than there ever have been.
 
Why do you care about the direction? When the ES cut through 1355 like butta, something should have caught your attention to the possibility of further upside.
 
Quote from austinp:

There are pull backs to trade almost every day... this is so much like late 1999 - early 2000 that it's hard to believe.

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The current market does feel similar to late '99:
Straight up, but with low VIX, narrow daily bars, and I'm not making dick off the move.

Early '00 was much different though- High VIX, wide daily bars, nice big moves in both directions, great trading opportunities... Champagne, blow & sluts for everyone!
 
Quote from EqtTrdr:

bingo....


huge gap downs...

-2% down days all the time
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yes, this is different, a relentless upward grind

100 points up, with no pullback
 
Quote from tubytrader:

we need a huge correction or at least a down day. nothing makes sense
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Welcome to the markets, tubytrader. The markets are pretty good at misleading as many people as possible. But I guarantee that a pullback will come eventually. Probably when we expect it the least.
 
but we all are expecting a down day (or a few down days) at this point. it will be nice and healthy. and im looking forward to it so i can buy more.
 
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