More highs tomorrow

DeepFried · Oct 9, 2006

North Korea's nuke test was a non-event in the stock market but, when the bond market re-opens tomorrow, we'll get flight to quality buying of treasuries from Japan and others.

Lower rates - more support for stocks, earnings are likely to look good...the Fed making equity-friendly comments....

Stay long the financials and other leaders. Downticks have been declared illegal.

slowdown · Oct 9, 2006

that's it, you marked the short-term top.

ByLoSellHi · Oct 9, 2006

Quote from DeepFried:

North Korea's nuke test was a non-event in the stock market but, when the bond market re-opens tomorrow, we'll get flight to quality buying of treasuries from Japan and others.

Lower rates - more support for stocks, earnings are likely to look good...the Fed making equity-friendly comments....

Stay long the financials and other leaders. Downticks have been declared illegal.

Blah, blah, blah.

Only one thing worse than permabars: permabulls.

At least permabears strike my sentimental sie.

DeepFried · Oct 9, 2006

Quote from ByLoSellHi:

Blah, blah, blah.

Only one thing worse than permabars: permabulls.

At least permabears strike my sentimental sie.

I'm a permabull because I said the market's going up tomorrow?

How about engaging in some kind of logical argument. If you have a logical counter to what I've said, I'd like to hear it.

DeepFried · Oct 9, 2006

Quote from slowdown:

that's it, you marked the short-term top.

Ah, one of the old chestnuts. It gets used in about 5 threads per day.

ByLoSellHi · Oct 9, 2006

Quote from DeepFried:

I'm a permabull because I said the market's going up tomorrow?

How about engaging in some kind of logical argument. If you have a logical counter to what I've said, I'd like to hear it.

Oh, you meant "tomorrow" literally, I apologize, DF.

I thought you were speaking of the metaphorical kind.

DeepFried · Oct 9, 2006

Quote from ByLoSellHi:

Oh, you meant "tomorrow" literally, I apologize, DF.

I thought you were speaking of the metaphorical kind.

Yeah, just tomorrow, but I'll be interested to see if further upside momentum is created tomorrow.

I think the market is nuts right now - it's been going straight up for months - but I'm very reluctant to short anything with the momentum that's in place.

Restricted · Oct 9, 2006

Quote from DeepFried:

North Korea's nuke test was a non-event in the stock market but, when the bond market re-opens tomorrow, we'll get flight to quality buying of treasuries from Japan and others.

Lower rates - more support for stocks, earnings are likely to look good...the Fed making equity-friendly comments....

Stay long the financials and other leaders. Downticks have been declared illegal.

Yes of course. Good call. 1450 around the corner 1550 by Dec 2007.

Restricted · Oct 10, 2006

Man am i good. I should start a poll "Who thinks this market will never downtick again"

S2007S · Oct 10, 2006

Quote from Restricted:

Man am i good. I should start a poll "Who thinks this market will never downtick again"

i like it, keep the polls coming.....

next downtick April 15th 2016 until then go long the entire market.