Market refuses to go down

Quote from Landis82:

How difficult is it to understand the correlation between the weaker dollar and every energy, mining, drilling, coal, nat-gas, and commodity stock going to the moon?

Wash, rinse, repeat.
Wash, rinse, repeat.

Take a look at the chart of BTU for example.
See what happens every single time that it corrects back down to alleviate an "overbought" condition?

See what happens when the FXE catches a strong bid, the US Dollar declines, and how BTU surges?

It's ALL about PRICE folks.
Doesn't anyone TRADE technically here?

Wash, rinse, repeat.
:)
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Congrats, sounds like someone's been making money hand over fist.
 
Quote from Landis82:


What is it about the Fed's announcement last Thursday that you are unable to understand about keeping Fed Funds extremely low for an extended period of time?:)
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Wasn't that the fed's stand in July?

In July, the jobs number beat by .01 and I got hammered on my Q short at that time. I was long Q's last week at an excellent entry price, but based on my experience in July, I exited because of the miss on the jobs number.

So what has the fed said between then and now that should cause rallies when the jobs numbers beat, and when they don't? I understand that he has insulated the market against unemployment with his "not raising rates until jobs numbers are up" comments, so why did we rally on the beat in July, and the miss last week?
 
Probably because he is not raising interest rates until the job's number improves. Which means that as long as interest rates stay low we have a weak dollar. Weak dollar = stock market going up.
 
Quote from saltycoot:

Probably because he is not raising interest rates until the job's number improves. Which means that as long as interest rates stay low we have a weak dollar. Weak dollar = stock market going up.
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That was my point. The jobs number had impoved in July by .01 when it was forecast to miss and we rallied. We missed the other day and again we rallied. By the interest rate reasoning, shouldn't equities have sold off on the number beat in July?
 
No people didn't think that interest rates would be going up until the second half 2010 if it would've beat again then that may have been a sign the economy was getting better thus meaning interest rates would have to go up earlier than expected.
 
Quote from Landis82:

It's ALL about PRICE folks.
Doesn't anyone TRADE technically here?

Wash, rinse, repeat.
:)
More...
People prefer to listen to non-sense like "It's a bubble or "The coming crash will be huge" rather than simply look at what price is doing, set a stop, go long/short and let them market take their positions out at at a small if it decides to turn south. Big potential upside with limited downside, what more can one ask for?

It's not a rocket science :cool:
 
No one wants to admit that this an irrational market, even if I was bullish on this market I would be screaming how irrational it is but it seems to 99% of the people its not, that a falling dollar, 0% interest rates and massive liquidity injections are healthy to the market place. I just do not understand how this is possible, I mean why cant anyone admit how backwards this economy and market place really is. They wont as long as the dollar is collapsing and markets around the world are moving higher why would anyone care. You can only pump so much liquidity into a market before things get out of control, I will repeat myself over and over again just like I did in 2006-2007 during the height of the housing bubble that this is another asset bubble in the making, everyone can make pretend they dont notice the ever expanding asset bubble but sooner or later it always pops.
 
Quote from makloda:

People prefer to listen to non-sense like "It's a bubble or "The coming crash will be huge" rather than simply look at what price is doing, set a stop, go long/short and let them market take their positions out at at a small if it decides to turn south. Big potential upside with limited downside, what more can one ask for?

It's not a rocket science :cool:
More...



What I dont understand is why you would refer to a bubble or any bubble as non-sense.


How many bubbles has the market created in the last 2 decades, from the dot com bubble to the housing bubble, every one of those bubbles maybe minted millions for a few but destroyed investments for tens of MILLIONS of people.


It just doesn't make sense that people are ignoring what is happening right now, you cant tell me there isn't a bubble forming when in fact there is. Everyone is ignoring the fact the fed is printing millions and sending the dollar lower and commodities skyrocketing. They are printing their way out of this crisis by creating asset bubble of all shapes and sizes, yes the markets are moving higher due to liquidity injections and massive amounts of cash but how long do you possibly think this can go on for.
 
very simple my friend, " Lets eat dinner now" and worry about the heart burn later".

What I have been reading on this site is an indicator of how most traders who post are doing. Very Poor. It's not about the tomorrow or the yesterday when your trading. Its about Carpe Deim (SP?), the now moment, living in the present.

Simple fact, the market is at a all time high. Plenty of money is being made by someone. Just not the typical trader.

But I do understand where your coming from. This economy is not justifying the current situation. The asset buble is back in play. The Unemployment numbers are high and the job creation is weak. From Buy and Hold standpoint, your risking it.

nevertheless the majority of american's do not have much to piss in let alone money to put to work in the markets. So, most american's are missing the "market's moves".

The average joe has a 401K and thats it. They do not live or die if the markets crash. But, they die if they are laid off, if they do not have health coverage and get sick, if they can't afford food, etc.

American's do not care about the markets anymore. The day of everyone making money in the stock markets is over, just as the market was never a tool for "Everyone" in the first place.

Times are changing but are theyreally? Are we going back to our grandfathers erra as far as earning wages and those who can afford to invest and those who can't?


Look at the Simple facts. Nothing more.


For the future, for the majority, Savings is all they will have, what little or what abundance they end up with is, well the end result of living within their means.

If we continue to put idiots in office, if we back a Liberal Party that believes in Socialism,.....the end will be near.

If we learn what Capitalism is truly about, we learn that LEVERAGE is not for everyone, regardless of how good the car looks or the House, then maybe we can save what is left.
 
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