Market Top?!

[eminitrader007]

Quote from diligent:

NAILED DOGG!

oh yeah.

Not so fast. There is more than 5 hours of trading left.

 

[diligent]

im in all cash right now actually fyi.

we'll see

 

[stktrdr]

Quote from diligent:

im in all cash right now actually fyi.

we'll see

Nothing wrong with that.

 

[BudFoxx]

trend seems broken with an inside day today.

 

[EqtTrdr]

Quote from stktrdr:

Nothing wrong with that.

I smell grilled bear BBQ

 

[frank grimes]

I was going to reply to you're latest statement 100% up to go, but I have grown weary, my new sig will be "at LEAST 30% down to go"

 

[krazykarl]

Quote from BudFoxx:

trend seems broken with an inside day today.

funny, I look at that chart and see consolidation right now that looks like it will breakout toward the upside... guess it's a "half-empy half-full" type of thing.



-kk

 

[nononsense]

yawn.

 

[stktrdr]

Quote from frank grimes:

..."at LEAST 30% down to go"

Eventually you will be right.

But in the here-and-now, 2yr yields heading north of 5%, 10yr targetting 5.25% later this week, oil closer to 75 not 70...blah, blah, blah

And yet.... global stocks are roaring! ML raises allocation to equities, EM flows on a tear!

If stocks can't go down in this environment then surely they have more room to rally.

what say you, Mr Grimes?

 

[stktrdr]

Quote from BudFoxx:

Looks like a bull trap. .. depends on how we close the week.

That's what you said LAST week.

What are your prognostications for this week?

How many times have you puked since the employment numbers?