No Such Thing As A Down Equities Market

Quote from myminitrading:

It would seem no amount of bad news can keep the market down. If it ain't the fed propping up the market its something else.

Just buy any dip in the indexes and hold on. It may go against you but it always comes back.

What frustrates most traders is getting stopped out and not having enough nerve to re enter, just to watch the market climb up and over you entry point.

I have learned over the years aside from the tech bubble, to just hang on and average down, it always pays off.
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"over the years"?????????????????????????

CAN YOU HEAR ME ROARING OVER CYBERSPACE???????????
 
Wow, I set some small buys under my exit @ 1559.50 and they all got hit. I figured ES would close up 30 today.

Guess I am back in, don't know if I like this. I will play along and see what happens.
 

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"What's the best way to sell a stock to the public?
Increase its price."

I forgot who said that, Keene I believe. Sure we're in full bull market mode right now and nothing can go wrong but maybe it's now that people will again be the most vulnerable. I guess people forgot all those "no stops! free money!" plays early in the year.
 
Quote from S2007S:

next bear market will bring U.S. indexes down 1.5-2.5%

Emerging markets an easy 3.5-5.0%.
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(I know you meant these numbers so i changed them for you)

I would have to agree. And there will be much crying and demands for cuts.
 
Quote from Renegen:

"What's the best way to sell a stock to the public?
Increase its price."

I forgot who said that, Keene I believe. Sure we're in full bull market mode right now and nothing can go wrong but maybe it's now that people will again be the most vulnerable. I guess people forgot all those "no stops! free money!" plays early in the year.
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And they always came right back.
 
Quote from myminitrading:

Like taking candy from a baby, it always rallys back, don't let em scare you and make you feel like a fool, just sit tight.
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I will say this, I bet I ring the register before 3:15cst. Bet we go out at the highs today $$$$$$$$$$
 
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