Morgan Stanley Drops a Bomb...

is this the bad news the bears have been waiting for..........

It seems like a lot of people are bearish, and waiting to go short, but we just need that big negative headline to get the ball rolling.
 
This guy posts every bearish report he can find every day and screams about how terribly low the market will go. And yet it keeps charging ahead without him...
 
Quote from Kassz007:

This guy posts every bearish report he can find every day and screams about how terribly low the market will go. And yet it keeps charging ahead without him...
More...

Until it doesn't, right?

I think you're a little premature with your charging ahead call.

Everything is accumulative. Resistance to the accumulating bad news can't and won't last.

If you're a trader (are you?), what are you worried about? You'll make your 5% profit or whatever it is that you make consistently each day and get out before the close, right?
 
Quote from ElCubano:

price wants up and it wants up bad...the sky is falling but price wants to go higher...
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Jesus - you got that right! why is everything going up. Market just ignores all bearish news at the moment. What needs to happen for proper selling to take place :(
 
Quote from ElCubano:

price wants up and it wants up bad...the sky is falling but price wants to go higher...
More...

Exactly.
As usual, far too many guys on ET continue to have their TV sets turned on to CNBC instead of focusing in on PRICE.
 
Quote from Kassz007:

This guy posts every bearish report he can find every day and screams about how terribly low the market will go. And yet it keeps charging ahead without him...
More...

I'm personally indifferent to what way the market goes, but this sure looks like a "wall or worry" and if I remember there is an old saying about markets climbing said wall.

DS
 
Quote from ByLoSellHi:

Until it doesn't, right?

I think you're a little premature with your charging ahead call.

Everything is accumulative. Resistance to the accumulating bad news can't and won't last.

If you're a trader (are you?), what are you worried about? You'll make your 5% profit or whatever it is that you make consistently each day and get out before the close, right?
More...

What if "until it doesn't" doesn't come for 5 years? 3 years? 6 months? You will have missed out on the gains in the meantime.

You are probably correct on my prematureness of the charging ahead call :) but it's been a good month so forgive me for being a little overexcited.

I just don't understand the point of posting every bearish article you read? Have you heard the term Pessimism Porn? It's getting rather old.

However you are free to post whatever you like and if I don't like it I don't have to read it. In conclusion, this will be the last time I call you out, and good luck to all the bears out there.
 
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