Its a mania, everyone is buying.
Santa Clause Rally=Much Higher=More Records
- Thread starter myminitrading
- Start date
Higher oil cant stop this market, its gong to 13000 on the dow.
Really, everyone could be rich like us, but most are to scared. I cant buy the market its up to high I am going to wait, well I tried that an got left behind, well not any more, just hop on and enjoy the ride its so easy, up up and away.
Um... the index gains stink compared to some stock gains. I do buy indexes, but not in a bull market like this one. Consider how easy it is to get a $1-$2 move on some stocks almost every day (DVN, GG, EFUT, GROW are some of my favs).
For example, you're spending $30-$70 for that $1. So every $1 move you gain 3% on your money in a $30 stock. What's a $1 move on one of the indexes and what did you spend on it? I mean today, you'll probably make $1 on the QQQQ, but how often does that happen?
In other words, from a % gain standpoint, when it's a bull market, it just makes no sense to play indexes if you are fairly confident... or just lucky
.