Reasons to be bullish

noddyboy · Jul 30, 2009

Quote from Kicking:

Those who remain long now are plain fools . I am amazed at the stupidity of the longs in this market.

This market is so messed up by liquidity, programs and God knows what, it should be shut once and for all and reformed.
I don't know who is buying stocks because people must be completely dejected with financial markets and stocks especially. My feeling is "The money on the sideline" does not exist, it's complete B.S. from fund managers, it's gone from the market for generations. Not that I am acting on that but whoever raves about the market going back all the way up , AAPl to 200+ and so on is so full of it , they should be put away in a dungeon.

I guess I am a fool that is making money. Small caps are up today, which is good for me.

Kicking · Jul 30, 2009

Fools can make money. A lot of dumb people make a lot of money in life . Even in the markets fools can make money (especially if they are a mutual fund manager ), as for tarders as long as they have good money mgmt they can be OK but most don't last long.

As for the market wait until tomorrow.

trader12327 · Jul 30, 2009

FRHV closed up +33% today

vol 104,200 shares

noddyboy · Jul 30, 2009

Quote from Kicking:

Fools can make money. A lot of dumb people make a lot of money in life . Even in the markets fools can make money (especially if they are a mutual fund manager ), as for tarders as long as they have good money mgmt they can be OK but most don't last long.

As for the market wait until tomorrow.

Sometimes I think that smart people can't make money because they trade 2 years into the future, and then finally capitulate.

Johno · Jul 31, 2009

Quote from Kicking:

Fools can make money. A lot of dumb people make a lot of money in life . Even in the markets fools can make money (especially if they are a mutual fund manager ), as for tarders as long as they have good money mgmt they can be OK but most don't last long.

As for the market wait until tomorrow.

Hi Kicking,
I suspect that tarders is a typo, you didn't mean to add "re" to the beginning did you?

On another note, the correct position to take can be very different for each speculator depending on the time frame that they work in.

1. Long
2. Short
3. On the sidelines

There was a thread titled "Time to short " last week, it died out as they very obviously had a new arsehole ripped for them by the market. As is normally the case it's unwise to speak about the markets in absolutes!

Regards

Johno

Maverickz · Jul 31, 2009

The big picture...

stock_trad3r · Jul 31, 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.

under 5%? not gonna happen, but the economy and stock market will thrive with 8-10% unemployment because that's the new normal. We need fewer jobs and more efficiency.

Petsamo · Jul 31, 2009

70% of our economy comes from consumer spending. With fewer doing the spending, the DOW won't be breaking any highs. And how are we going to feed Congress' spending spree? Yeah, we'll be just another bunch of Europeans. There won't be anymore American imperialism!

noddyboy · Aug 3, 2009

Everyday is a good day for the bulls. I am taking profits everyday. When the decline finally comes, it will not drop far enough for the bears to recoup losses. And by then I would be flat.

SPX hits 1000. You think the trillions of dollars in cash will start jumping in now?

ByLoSellHi · Aug 3, 2009

Quote from stock_trad3r:

under 5%? not gonna happen, but the economy and stock market will thrive with 8-10% unemployment because that's the new normal. We need fewer jobs and more efficiency.

Stick around when markets tank this time, unlike last time, okay?

Thanks.