monster rally coming!!

Quote from S2007S:
Monster Rally!!!!

Where have you been the last 5 years?????
SP500 up 60% over the last 5 years, for an annualized return of 9.85%. Hardly a monster rally. I would call this slightly above average compared to historical returns.
 
just what i like to see....lots & lots of bullishness...fed pumpin dead presidents.......especially during options expiry week.......almost seems TOO obvious to me!

edit: eddie mush/market surfer long ym should provide a great fade.....tighten those stops.:p
 
i was unimpressed with price action today, so sold everything between what I had and what I bought this am +5% gl longs
 
Quote from empee:

dude, im a trader. I expect to hold for approx 2-5 days.

This is not just a "contrarian" call, its looking at price action, etc. mixture of stuff.

I just a huge rally coming, probably we go lower after that but we'll see. Right now I see higher short-term and will decide based on price action where we go next.

You do have valid points, tho! I've been bearish for sometime as well.

As a side note thank you for not attacking me and calling me names as 99% of ET'ers do if you disagree with them :)

PS: I shoudl have a poll to see how many ppl thought this thread was started by stock_trader :)

lol... I did
 
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