Santa Claus trading rally in Dec 2008?

[richrf]

Quote from noddyboy:

9:31 SPX -1.5%

Looks like a gap down to me.

The Shorts are testing the waters. Maybe there is still some money to be made on the downside. Current news continues to be bad, but the market is not reacting in a knee jerk down move. Caution on both sides. I am waiting, watching, and ready to scoop up shares when I see the elephants coming out of the jungle and ready to stampede again. I don't think Shorts want to be in the way.

 

[Landis82]

The OIH is +5.7% in the first hour of trading and the KOL is +4.3% as well.

These stocks are SURGING on top of YESTERDAY'S gains and many have chart patterns that are bottoming, technically.

 

[MKTrader]

Any more predictions? How about S&P 500 hits 500 before it reaches 950?

Quote from B. Rowshan:

Don't you know ivan the small is never wrong? And if he is wrong, he has his itchy trigger finger on the delete button to make sure there's no evidence.

You know, he didn't get to be a "moderator" for nothing. Be careful, very careful, he'll reveal your ip address location if you don't behave. lol.

 

[MKTrader]

Uh, these ET polls are usually contrarian indicators. Especially when the current crop of shorts sound as naive and confident as house flippers in 2006 or long-only oil traders last summer. ("This is just a blip" "The bear market will continue another 5 years, etc.")

Quote from noddyboy:

From the polls, the bears win again. The market only disappoints any bull for 2008...

 

[Ivanovich]

Quote from B. Rowshan:

I have another stalker!

You join the long list of incessantly jealous peons like cutten, oldtrader, traderzones, landis etc etc who follow me around ET like a sick puppy.

You can now hang your head in shame (if that's possible).

Most of those you listed are 100 times the trader you will ever be. They've probably forgotten more than you'll ever learn, and they certainly wouldn't waste their time stalking a yambag like yourself.

I don't include myself in that list, because unlike yourself, I am aware of what I do not yet know.

You're just a blowhard. No big deal, there are millions like you.

 

[Mvic]

As I have mentioned many times before the SOX has been a relaible indicator of where the market is heading the past year or so, its indicating that this rally has legs.

 

[Ivanovich]

Quote from Mvic:

As I have mentioned many times before the SOX has been a relaible indicator of where the market is heading the past year or so, its indicating that this rally has legs.

Personally, I'm waiting for the S+P to break 920 - convincingly.

 

[B. Rowshan]

Quote from Ivanovich:

Most of those you listed are 100 times the trader you will ever be. They've probably forgotten more than you'll ever learn, and they certainly wouldn't waste their time stalking a yambag like yourself.I

That's strange, the fact is ALL of those have followed me over ET for many years trashing my threads. All are guilty of multiple (100+) postings on my threads over a period of years.

I know I have had a career that trounces each and every one of them. Guaranteed. None of those are in my league. Unfortunately, you're just a jealous sick puppy who now follows me around as well. I know jealousy sucks but this is ridiculous ivan. Please go home rover and allow me to have my trading thread on ET.

 

[Ivanovich]

The fact that they laugh at you in your threads doesn't make them obsessed.

It just makes you unpopular.

 

[B. Rowshan]

Quote from Ivanovich:

The fact that they laugh at you in their threads doesn't make them obsessed.

"Their threads" ?? I've never posted on any of their threads. They post on mine.

And they don't "laugh". They always complain and beg that my threads should be deleted, or sent to chit chat. That's not laughing. That's jealousy.