Sad that it takes rate cuts to rally the market...

Quote from S2007S:

Just to think they only have 2.25% to go until they touch 0%, at this rate they should be all used up by mid to late 2008, then what....We have seen this time and time again, they cut rates the markets rally for a 1-2 weeks and the next sell off takes place. Admit that this is a very sad market environment to know that the only catalyst for the bulls are rate cuts.


With a market double bottom in place ( read my other post MARKET BOTTOM IS IN- posted on March 17, 2008 ) I correctly called what it was and today with a 410 point rally and VIX dropping to 25 we have confirmed that. This is Technical Analysis not some fortune telling and emotion loaded howls like yours about an imaginary recession.

IF you are a BEAR hoping to short things when you get a chance think about joining us... you will be killed.

I think BEARS are running out of bullets, capitulation is near and defeat certain
 
Quote from cszulc:

I was flat going into today. Added some short positions at the close (SPY, SDS, and hedged futures ES and YM). I don't think this rally will end, as they can't cut rates forever.

If I'm wrong, I'll be wrong, but I don't think this'll work for long.


Did you know DJIA moved above its 50 day moving average? That is how powerful this rocket is...Clearcut bullish candle lighting up few asses today..

You must be creamed shorting SPY today. There is a solid bottom in place. Take a look at the SPY charts and heavy vols today.

Paranoid schizoid behavior cannot run for ever.. reality jerks back people into realizing the truth. I think your time has run out.

Its springtime and with sunny and longer days depression and anxieties do not re-occur so frequently. Seasonally Adjusted Disorders improve and psychology changes.
 
Quote from makloda:

Wait a couple weeks and we may or may not eventually fall and he will of course declare victory in hindsight "I TOLD YOU DUMB BULLS WE WILL GOTO 11500, I HOPE YOU ALL SOLD THE RALLY AS I PREDICTED!!!!" Does he make real money trades corresponding with his daily market calls? I'd say no.


With DJIA above 50 day moving average you lose every ounce of credibility..let alone this empty threat that is ringing hollow.

Do you I know lot more than you do?
 
market conditions concerning rate cuts before and after have been pretty predictable lately.. why is everyone complaining?

watch what happens and trade accordingly.
 
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