right now fading the dips is working........what i am saying is jan 1st that will be a trap....
i am making money.........2,000 today.
its just the bigger picture is important for traders as well.......2,000 is nothing i should have made 6-8,000 today......and i am not happy with small time gains when i should be making the bigger gains as these levels are rediculously outside the normal runnup without a decent pullback of atleast 2% which we are long overdue for--------and i can`t stand all the wallstreet bs---like 10 anaylsts coming out and saying dow/snp up 16% next year----their sole intention is to manipulate--or they are not thinking rationally---or thinking at all----they just seem to put their finger in the air....and come up with what is popular-----------but if you are managing other people`s money---you should be objective, and think about what the true economic conditions are for next year--or at least consider all scenarios---and nobody that says dow/snp up 16% from these levels is being objective---and they are all spewing the sam bs---that well earnings will be down----but we will have multiple expansion........you mean like circuit city, oracle, best buy---all bullshit----and i wish somebody would call them on this bs x-mas spin---b/c that`s all it is.....next year when companies stop blowing away earning`s their stocks will get murdered like they always do---see google just on the hint of slowing growth-----and as soon as the markets sell off, which they do every year---then you will hear the same people saying well, "you should be cautious right here, we needed this pullback".....i wouldn`t be buying right here......then they will be shorting this market to the summer lows and buying it back up again-------always do the opposite of what comes out of wall-street`s mouth-------when they say bidu is worth 27 a share buy like hell.....and when they say bidu is worth 128 a share sell like hell........so when they start talking about 16% up next year....you should be selling.........and wen they start talking about a recession and an off year you should be buying.