Sorry guys no chance for a down day

Myminitrading,

just be a little more patient

they will push the Dow up to 12 050 just for media brainwashing

it could be today (unless before end of october) - after that no problem for 11 650 and even less i hope :D
 
Well I'll be, big run up on light volume, then hugh selling on high volume. Now we are near lunch time and its floating back up. I must say some distribution is occurring very covert action indeed.

It seems the dip buyers are still gobbling up any dip in the futures. Wont be long until the dips no longer keep rising.

I have gone from bull to bear. I have no position but am leaning more on the bear side and waiting for the right moment.
 
Anyone buying the US futures indexes up here is taking alot of risk for tiny gains this late in the game. Most likely the bid will be their right up to election day.

Boy will I be glad when these elections are out of the way. Anyone who thinks this rally has anything to do with fundamental strength in earnings is just fooling themselves. earnings were lowered and companies are just barely hitting these numbers.
 
Quote from myminitrading:

Anyone buying the US futures indexes up here is taking alot of risk for tiny gains this late in the game. Most likely the bid will be their right up to election day.

Boy will I be glad when these elections are out of the way. Anyone who thinks this rally has anything to do with fundamental strength in earnings is just fooling themselves. earnings were lowered and companies are just barely hitting these numbers.
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by saying it's late in the game, are you calling a top? IMO, we have quite a ways to go before we correct.
 
Quote from krazykarl:

by saying it's late in the game, are you calling a top? IMO, we have quite a ways to go before we correct.
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I learned not to call tops and never will again, what I did say was anyone buying today is taking alot of risk.
 
Quote from myminitrading:

Anyone who thinks this rally has anything to do with fundamental strength in earnings is just fooling themselves. earnings were lowered and companies are just barely hitting these numbers.
More...

I think your view is on record now several hundred times! You've been right so far. Good job.
 
Now the futures are up, I was about to say, gee is someone asleep at the wheel here, america is waking up time to get them futures up so americans can see what a wonderfull time it is...wink wink.


No such thing as a down day in perfect!
 
Risky risky risky, only a complete goon would be buying today. The correction when it comes, and belive me it will come, is going to be painful, just right after the dems take control from the crooks in control now.

Everyone and I mean everyone is giddy beyond belief. The Republicans and their little treasury secretary have put on a real show.
 
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