so many silly comments by novices. There are alot of fundementals wrong with this market and we havent' seen the bottom yet. For those who were around the tech bubble in 2000, they know what i'm talking about. A rate cut at this point is already anticipated and priced in, nothing more than very short lived rally at the most.
Oil at over $100 a barrel, more sub prime write offs, ambac deal shaky, inflation a possibility, and war and spending in iraq not paying off just to mention a few things off. If you seriously think this is a bullish market, then you shouldn't be trading, on the other hand i made alot of money in the last 6 months or so feeding of the bulls. We are by no means out of the woods yet, expect more downturns as the few upswings we had which were temporarily lived are signs of a bearish market, trapping the bulls.
Oil at over $100 a barrel, more sub prime write offs, ambac deal shaky, inflation a possibility, and war and spending in iraq not paying off just to mention a few things off. If you seriously think this is a bullish market, then you shouldn't be trading, on the other hand i made alot of money in the last 6 months or so feeding of the bulls. We are by no means out of the woods yet, expect more downturns as the few upswings we had which were temporarily lived are signs of a bearish market, trapping the bulls.
