Market Outlook

Markets almost green again!

That last hour WAS the BEST buying opportunity in about 2 weeks, looks like were going to have to wait another 2-3 weeks until we get that next .54% dip!!!!!!
 
Quote from GrandSupercycle:

Looks confirmed now:
'DOW/S&P500 is tracking sideways again suggesting that short covering rally has lost momentum. DOW futures last 12,343'
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Please continue with your "DOWN" theory, we need some entertainment here anyway.

Agghhhhhhh.. I almost forget you are trading Paper Account
:D
 
Quote from galvinlee888:

Buy the dip .. Free money :D
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Quote from S2007S:

Markets almost green again!

That last hour WAS the BEST buying opportunity in about 2 weeks, looks like were going to have to wait another 2-3 weeks until we get that next .54% dip!!!!!!
More...

I agreed, this is one of the best opportunity we have for the last two months.. Just close half of my SPY Call position and let the another half run with trail stop, free money really :D

Sometime I just wonder why the herd are so dump, 7.x quake in Japan is completely nothing after that big one two weeks ago, all the damaged had been done and what sort of "additional" damage you expect to happen for this "supplementary" one ? People already left the place, all the road/shop already damage anyway, nothing leave in the coast area ..

The rise in rate in EU and the Portugal thing only move the market higher !! This mean we don't have any seller in this market.

The politician are smart enough not to let US gov shut down, so the bill will pass tomorrow and the market will head North.

My 2 cents.
 
Quote from galvinlee888:

I agreed, this is one of the best opportunity we have for the last two months.. Just close half of my SPY Call position and let the another half run with trail stop, free money really :D

Sometime I just wonder why the herd are so dump, 7.x quake in Japan is completely nothing after that big one two weeks ago, all the damaged had been done and what sort of "additional" damage you expect to happen for this "supplementary" one ? People already left the place, all the road/shop already damage anyway, nothing leave in the coast area ..

The rise in rate in EU and the Portugal thing only move the market higher !! This mean we don't have any seller in this market.

The politician are smart enough not to let US gov shut down, so the bill will pass tomorrow and the market will head North.

My 2 cents.
More...


Yea I dont think there is going to be a shut down, the last minute they will come up with some solution!!
 
Time for food, closed the other half of my SPY Call position with tiny profit, I believe the market will up soon but my stomach is down, I am happy with the profit on the other half of my SPY positin :D
 
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