Reasons to be bullish

noddyboy · Jul 22, 2009

We are above the 50,200,252 DMA
The 50 DMA has crossed the 200 DMA
Banking crisis is over
VIX is at 23

pulsescan · Jul 22, 2009

Quote from noddyboy:

We are above the 50,200,252 DMA
The 50 DMA has crossed the 200 DMA
Banking crisis is over
VIX is at 23

BHAAAABABHAAAYABABABAH

That was funny.

eminitrader007 · Jul 22, 2009

Markets have done better under Democrats, why fight this strong trend. Thank God for President Obama who has rescued the economy and kept us safe from terrorist attack on our soil.

http://www.perrspectives.com/blog/archives/001266.htm

http://www.nytimes.com/interactive/...14_OPCHART.html

http://www.slate.com/default.aspx?id=2071929

wolfab82 · Jul 22, 2009

Bull Crap...Tech bull has balls, nice run up until reality hits. I say buy Tech, sell rest of market.

Todays double top is scary to me, on the Dow that is. Lets see how the rest of the week goes. I say super BULL and BUY if we break 8910 on Dow futures...If we dont break that by September...womp womp womp...

Petsamo · Jul 22, 2009

It's a long way to under 5% unemployment. We won't see it in Obama's first term; we may not see it in his second term.

ByLoSellHi · Jul 22, 2009

Quote from Petsamo:

It's a long way to under 5% unemployment. We won't see it in Obama's first term; we may not see it in his second term.

20% now in the USA.

We will go higher.

5% or less won't be seen for decades, if ever.

focusonmoney · Jul 22, 2009

I believe we will go higher too.. why? check out http://www.elitetrader.com/vb/showthread.php?s=&threadid=170833

Really guys, do you think it will be that easy just to go short? Forget about the bad numbers for a sec, because the market isn't worrying about the bad numbers right now... Later it will, but for now they will most likely go higher to shake out more people..

the1 · Jul 22, 2009

Heard on the news you can check in on a plane with you iPhone or Blackberry now. Technology is still advancing, banking crisis or not. There's only one reason to be bullish -- the market just keep going up. I've absolutely refused to go short, even for a quick scalp. Why bother when going long is so easy. Just buy the dips

dozu888 · Jul 22, 2009

Quote from noddyboy:

We are above the 50,200,252 DMA
The 50 DMA has crossed the 200 DMA
Banking crisis is over
VIX is at 23

none of these is a valid reason.

noddyboy · Jul 23, 2009

Quote from wolfab82:

Bull Crap...Tech bull has balls, nice run up until reality hits. I say buy Tech, sell rest of market.

Todays double top is scary to me, on the Dow that is. Lets see how the rest of the week goes. I say super BULL and BUY if we break 8910 on Dow futures...If we dont break that by September...womp womp womp...

so super buy?