S&P Crosses 900

Quote from Roman Candle:

I hate to say this but it's almost a sure thing we keep moving higher. Some will laugh, but I have seen this before in 2003.

Why do you hate to say it?
 
Quote from Kassz007:

Why is it sad? Join the bulls, go long, and ride this wave with the rest of us. As long as you properly manage your risk you can protect yourself for if/when the market falls as you've predicted. Then at that time go short once the tide changes. It could be a WHILE before the market drops back to what you think it "should" be trading at.

That mentality is what sets us up for a crash. Everyone long and long cheap put protection.
 
Quote from TM1982:

Why do you hate to say it?

A sure thing, come on, no such thing as that in the markets. Except this rigged up market. Were everything is now rigged to the up side and every dip is bought hand over fist.

Watch how even tiny dips are bought like crazy. Their are no sellers, and everyone is forced to pay up to get in.
 
Quote from Mvic:

That mentality is what sets us up for a crash. Everyone long and long cheap put protection.

Join the party.....it's easy money right now, take it while you can.
 
Quote from Roman Candle:

Join the party.....it's easy money right now, take it while you can.

Get some Vaseline tonight; you'll need it tomorrow!
 
Quote from Roman Candle:

Join the party.....it's easy money right now, take it while you can.

The problem for you longs will be when the tide turns and you think it's just a blip, and then we keep dipping lower and lower. Now 50% of your gains have just been wiped away.. now what do you do? Think fast, spu's just dropped 10 handles while you contemplated what to do.
 
Quote from MAESTRO:

Get some Vaseline tonight; you'll need it tomorrow!

Bernanke is speaking tomorrow, there isn't going to be a pullback. If anything we stay even all day and jump another 200 on Wednesday.
 
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