MEGA rally tommorow?

I think you are mistaking brains for a bull market.

Print that up and put it over your terminal.

Quote from Steve Tvardek:

Um, perhaps you should do some research before posting this. I dont think there is another poster on this entire site who has been more bullish than stock trad3r. He has been ultrabullish for 6 months now. He certainly was right about the market (although a lot of his trades were horrendously timed) but I have to give him credit at least for his right call on the markets overall.
 
You wrote "Why were you not telling us to get in over the summer?" My point is...he did! I agree its probably not brains, rather a bull market but that wasnt my arguement.



Quote from thehangingman:

I think you are mistaking brains for a bull market.

Print that up and put it over your terminal.
 
One of my favorite media phrases is "cautiously optimistic." It means nothing while it sounds important. Can you think of a situation where it wouldn't apply? (Apocalypse to Strike Earth, Experts Cautiously Optimistic). See! You can't go wrong.

A few years ago, Neil Westergaard wrote:

What a great all-purpose, meaningless qualifier to keep from looking stupid. It's much better than just saying "I don't know." It implies that that the person really does know something important, but is being conservative and careful in the distribution of information, holding back the unverifiable facts for the good of the republic.
Or covering their behinds.

"Cautiously optimistic." If the economy goes into the dumper again, we can say our earlier caution was warranted. If things pick up, we were right to be optimistic and "knew it all along."

Posted by Eddie.

PS I am not Eddie.

NVM, the point being is I am Cautiosly optimistic on the trend higher tomorrow.:)
 
Quote from kiwi_trader:

I think your chances of a gap up tomorrow are probably close to 100% ... but ... it doesn't have to follow through.

There is not going to be a gap up...
 
Yup I called the fall 06 bullmarket. I was bullish during the summer while the markets were selling off based on the lack of compelling reasons for an extended selloff.

And this rally will continue after the pause we have seen in the past month.

bc


As you can see in the picture above the nasdaq made a double bottom at 1395 level and rebounded off it sharply. This week it will continue to go higher which will complete the reversal.
 
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