Market In Confirmed Rally Mode: Investors Business Daily

[HedgefundTrader2]

Quote from AK100:

So many in the UK press now saying that stocks are really worth a buy here.

Trouble is that 80% of them are fund managers and the other 20% bought and paid for journalists

To bet constantly on the down side is a fools game. Stock markets are there to go up and not down. Things have changed after these massive rate cuts.

 

[HedgefundTrader2]

Quote from ashatet:

yes, like 2% is any worse than 5% that it was earning before with the dollar collapsing. Money flow will probably go to destressed debt and back to commodities if at all, or will just stay on the sidelines for now. Look what happened to the legendry Bill Miller, now he looks like the fool of the decade

There is nothing but worldwide praise for the Feds and the actions that they have taken. Stop fighting the Feds.

http://biz.yahoo.com/ap/080322/in_fed_we_trust.html

 

[jd7419]

Quote from HedgefundTrader2:

There is nothing but worldwide praise for the Feds and the actions that they have taken. Stop fighting the Feds.

http://biz.yahoo.com/ap/080322/in_fed_we_trust.html

You are a trading God. Have a happy easter in your granite plated house day.

 

[HedgefundTrader2]

Quote from jd7419:

You are a trading God. Have a happy easter in your granite plated house day.

Why are you so ignited when the Feds have done a superb job saving the markets from free for all down fall. Can you imagine where SPX would be today if they did not cut rates? Maybe 1050 and tanking on heavy volumes and rest of the world shivering with you. The whole country would be in panic mode..gas prices through the roof and commodities out of the ball park.

The problem is you can't short with impunity anymore, why dont you admit that?

 

[MrDODGE]

Quote from HedgefundTrader2:

Why are you so ignited when the Feds have done a superb job saving the markets from free for all down fall. Can you imagine where SPX would be today if they did not cut rates? Maybe 1050 and tanking on heavy volumes and rest of the world shivering with you.

That is right, the Fed has saved the stock market. It is not their job and they have overstepped their bounds. The Fed cutting round is almost up. What happens then?

 

[HedgefundTrader2]

Quote from MrDODGE:

That is right, the Fed has saved the stock market. It is not their job and they have overstepped their bounds. The Fed cutting round is almost up. What happens then?

The Government of United States own these financial markets. The Feds own all the money you and I have in the banks. They own your destiny, they owned your grandfathers destiny too. They will stabilize the economy , markets, money flows and whatever the hell they wish and there ain't a thing you can do about.

Start going long and join the bull market or get your shirt taken off your back. Go buy some real estate and get a roof of your own. Stop bouncing checks on landords and old ladies.

 

[HedgefundTrader2]

Quote from MrDODGE:

That is right, the Fed has saved the stock market. It is not their job and they have overstepped their bounds. The Fed cutting round is almost up. What happens then?

What is this? An economic water torture? An obsession with bad news ?

 

[9999]

Quote from HedgefundTrader2:

The Government of United States own these financial markets. The Feds own all the money you and I have in the banks. They own your destiny, they owned your grandfathers destiny too. They will stabilize the economy , markets, money flows and whatever the hell they wish and there ain't a thing you can do about.

Start going long and join the bull market or get your shirt taken off your back. Go buy some real estate and get a roof of your own. Stop bouncing checks on landords and old ladies.

Why do you want the market to go up so badly? And please, spare me the patriotic tirade 'cause I ain't buying it.

 

[piezoe]

We have barely got started with the recession and ya'll are calling a market bottom already. Yes, of course there will be abundant opportunities and bargains. But the Fed moves, and instantaneously all is fine? I doubt it. But either way is fine with me.

 

[Brandonf]

Quote from HedgefundTrader2:

According to William O Neil in his book " 24 Essential Lesson for Investment success" Lesson#14 page 81 he writes " About 20% of the time these follow through days will give false signals and the market fails on large volume".

IF you do not have the book or read it, its highly recommended you buy it and read before throwing your dice with people who have read and mastered it.

Thanks for the tip. I've been successfully managing OPM for 8 years now and they all seem pretty happy. On a site note, follow through days fail much more than 20% of the time.

Brandon