Reasons to be bullish

Quote from aceofbase:

it's a technical rally manipulated by the gov't stimulus plan such as the FED giving money to Goldman Sachs etc.

I mean they are basically transferring money from taxpayers to wall street crooks.

these guys who are long now were short.

the retail investors are not in this market

The Fed didn't create 20 years of 5 trillion dollar debt and widespread leverage in wall street etc. and Fed won't fix it overnight by giving taxpayers money away

market valuations are in 2005 levels when economy was actually strong.

now the economy fundamentally is very weak.

it's a technical rally that's it no fundamentals to support it.

the entire market is a manipulated like penny stock in the OTCB stocks and penny stocks. or similiar to a ponzi scheme. nobody cashes out if the market is rising and when it drops everybody cashes out as there is not much money in the market. only new money entering into the market was from gov't stimulus plan in march and april. and the markets wants more taxpayers money to "SUPPORT" bums on wall street in their game casino

but gov't can't manipulate facts like companies going bankrupt from bad business models or bad loans etc or just over valuations nobody wants to buy it except the FED and market makers

Fed and gov't thinks it can create wealth by increasing taxes and printing money overnight. these things take decades. companies like GM have been dieing for decades.

hedging is a waste of time too.

insider trading. front running is the holy grail of wall street

the people buying now are not investors but speculators leveraged too. it's pure short covering AND market manipulation to pump up the markets. but markets are at 2005 levels what they want 2008 levels.

To them it's just levels etc. and fundamentals don't matter

technically the volume suggest it's propped up by computers since there is way too many shorts in the market.


also the wild fluctuations in the currency market suggest it's way too manipulated by computers in wall street. fx is more connected to the stock market than people think.

currencies are b.s. too that is why countries like India, China and many countries fix their currencies. Why let crooks on wall street make money off your currency flipping paper.
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you nailed it.

jjf
 
Quote from Ivanovich:

Holy crap! A dip! Buy~!
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I have been taking profits on my longs but not today. Who knows, I might regret this, but I believe many shorts reentered on the lows of yesterday and are getting trapped.
 
I actually find it very hard to stay bullish. I am not sure how many people have this problem knowing that if you trend follow, you will never pick the top...I practically have to handcuff myself to follow my rules.
 
Quote from noddyboy:

I actually find it very hard to stay bullish. I am not sure how many people have this problem knowing that if you trend follow, you will never pick the top...I practically have to handcuff myself to follow my rules.
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the rules are 2 bull all dips
 
Quote from Petsamo:

Whatsa matter? You don't think the S&P will go to 1,100?
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I bought back at the close. (QQQQ @ 39.35) Basically, I cut back my positons to 50% from the peak. I am levered.

I have no idea where the S&P will go...
:confused:

But my system is purely technical.
 
My before mentioned fade campaign has begun, es,nq, financials, brokers, semis, homebuilders, etc. Shorting @ current prices. Stops will be placed 3-3 1/2 percent above. Using about 20-25 percent of equity to start, will fire out more next week.
 
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