Its earnings season--market ready to decline

[plastic man]

Well, earnings season is upon us. The market has gone up in a tight range, with volatility declining. My opinion is that with the coming earnings season, the market volatility will pick up. But can the market go even higher? I don't think so because all good news has been priced in. What do you think?

 

[tickmagnet]

I see Dow 20k in three years, pull back will happen in March 10 % .

 

[NoDoji]

Quote from plastic man:

But can the market go even higher? I don't think so because all good news has been priced in. What do you think?

Yes, it can go much higher.

Prices are rising based on hope for future growth, and the fact that nothing else is providing a decent return on investment.

 

[MohdSalleh]

there no volume it can go either way, just use 100 shares pay the spread and watch it go to 20,000...or vice versa

 

[plastic man]

Quote from NoDoji:

Yes, it can go much higher.

Prices are rising based on hope for future growth, and the fact that nothing else is providing a decent return on investment.

When earnings come out the "hope" for growth will dissipate.

 

[No.Heat]

The market direction is not decided yet, it's waiting for earnings, as usual.

It's amazing how people possess predictive powers in this board.

No Heat

 

[plastic man]

Quote from No.Heat:

The market direction is not decided yet, it's waiting for earnings, as usual.

Exactly. The best traders are the ones able to be a step ahead of the masses.

 

[Trvlwanderer]

Quote from plastic man:

When earnings come out the "hope" for growth will dissipate.

True, but expectation are so low..........upward we climb.

The last time the masses got angry we had a tea party on the mall. Can't have that again.

 

[Trvlwanderer]

Quote from plastic man:

Exactly. The best traders are the ones able to be a step ahead of the masses.

ummm. in hindsight MAYBE.

But...this is taking the cake as the dumbest post so far in 2010.

Nice job bro....you are now famous.

 

[Ivanovich]

Quote from Trvlwanderer:

ummm. in hindsight MAYBE.

But...this is taking the cake as the dumbest post so far in 2010.

Nice job bro....you are now famous.

OP = Rowshan.