Run ot of steam ? I am run of steam to count the money that I win from being bull
Morgan Stanley Says Sell Best S&P 500 Rally Since â38
- Thread starter ASusilovic
- Start date
Run ot of steam ? I am run of steam to count the money that I win from being bull
I only need to know to follow the trend and make $$$$
Not sure why you want to be smart and fight the trend, good luck to be setup the position in another side of me and pay me your cash.
FAZ dropped another 21% today.
Looks like another "loser" that you averaged down into oblivion on. Still long from $29.60 and buying more on the way down to $13???
So much for using stops.
Sounds like a "winning" strategy.
I guess you have a printing press in your basement, or its just another infamous ET "paper-trade" from you.
"Only losers average losers"
Pau Tudor Jones
One thing is for sure :
Mr. Morgan Stanley Jason Todd is a loser !
Mr. Morgan Stanley Jason Todd is a loser !
Kinda early to make the call, though. Let's see what happens over the next several weeks. As I said earlier, look at the graph for Sep 2002-March 2003. The S&P (daily close) went 777->938->801 before moving up.
The pullback at that time was due to lack of progress/complications related to the war in Iraq and other reasons.
We are fighting battles on so many fronts right now with respect to this financial crisis....will an issue emerge to make us realize that this rally has come too far, too fast, as well? I think there is a very reasonable chance of that.
Advising clients to take some off the table is probably prudent after a run like this. Looking at the big picture, what has really changed?
That's kinda the point. How many more positive days will that get you? Again, I don't know what happens over the next several weeks/months. My angle here is that it's too early to be critical of those that believe the fundamentals do not support this rally.