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R.I.P. To the Great Fake Bull Market of 2008
- Thread starter flipflopper
- Start date
Quote from flipflopper:
No worries... I just wanted to "sell to you" directly. Fund managers are gonna be forced to sell today so this thing should close on lows.
What's your time frame?
i'll be buying it from some other chump (hehehe)
if it gets there...it might not..and if it doesn't it's OK, because I am working a Bond position that should shoot the lights out (or not) if the SP decides to rally...
I think by year end we have record indicies...Dow and Spoo..
or at least close to records..
3 day fade going on here...funds will be buying..
I'm a pretty humble trader..if the market tells me I'm wrong (multiple closes below 1361), then I'll take my ball and go home..
Quote from PohPoh:
i'll be buying it from some other chump (hehehe)
if it gets there...it might not..and if it doesn't it's OK, because I am working a Bond position that should shoot the lights out (or not) if the SP decides to rally...
I think by year end we have record indicies...Dow and Spoo..
or at least close to records..
3 day fade going on here...funds will be buying..
I'm a pretty humble trader..if the market tells me I'm wrong (multiple closes below 1361), then I'll take my ball and go home..
Fair enough... A close above mondays high and I take my ball and go home too... or Dow 10K... wichever comes first.
Let me come out and say that one of two things need to happen:
1) Modify the margin ratio of CL
2) String out the CL speculators and hang them by a crane (which is the same as #1)
1) Modify the margin ratio of CL
2) String out the CL speculators and hang them by a crane (which is the same as #1)