More highs tomorrow

I honestly don't see how this market can keep climbing.

I'm not bold enough to try and call tops and bottoms, but wtf?

The market is acting irrationally right now. It's acting as if it's coming off a multi-year bottom, when we're ending a business cycle and have made some new highs.

Not to mention the geoplitical uncertainties and midterm elections.

And then, consider all these bullshit, debt-marinated, LBOs.

I'm sidelined.
 
Quote from Restricted:

Man am i good. I should start a poll "Who thinks this market will never downtick again"
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Blah, blah, blah. Yeah, bonds and stocks are both down so my premise isn't playing out but the point is to throw out ideas for discussion. Do you have any thoughts on bonds? No. Do you have an opinion on stocks? Apparently not. Do you have any insight on any particular sectors? No.

Keep up the good work.
 
Quote from ByLoSellHi:

I honestly don't see how this market can keep climbing.

I'm not bold enough to try and call tops and bottoms, but wtf?

The market is acting irrationally right now. It's acting as if it's coming off a multi-year bottom, when we're ending a business cycle and have made some new highs.

Not to mention the geoplitical uncertainties and midterm elections.

And then, consider all these bullshit, debt-marinated, LBOs.

I'm sidelined.
More...

I agree, good observations. The main thing this market has going for it is momentum. If both stocks and oil trade trade lower today then we might be seeing the end of the lower oil relief rally. Unless oil takes another big hit, of course.
 
I wasn't kidding about you marking the short-term top. Great job. Wish i had had the balls to short the open on GOOG RIMM BRCM.....
 
Quote from slowdown:

I wasn't kidding about you marking the short-term top. Great job. Wish i had had the balls to short the open on GOOG RIMM BRCM.....
More...

I'm not surprised you have no balls.
 
"More highs tomorrow"


"<b>U.S. Stocks Rise, Sending Dow Average to Record, as Oil Drops</b>
By Allen Wan
Oct. 10 (Bloomberg) -- A late rally in U.S. stocks propelled the Dow Jones Industrial Average to a record as crude oil dropped to an eight-month low."
 
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