Sorry guys no chance for a down day

Quote from myminitrading:

Sorry to all who missed the dip this morning, just buy buy buy up up up and away.
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I knew I should have taken advantage of that 15 point dip. What was I thinking. Hopefully they drop it to 11948 so I can add a few long positions, DOW 15,000 here we come!!!!
 
i think the risk is hi here long. now that almost everyone is onboard and the shorts are crushed you have to be ready for them to turn it down.
 
I've gotta agree with you Vehn but everyone has been so wrong i somehow don't think it gonna be that easy. BTW my Dec 135 SPY puts went under $2 today, sheesh, looks like people think the odds of this mkt pulling back are very low.
 
Quote from vhehn:

i think the risk is hi here long. now that almost everyone is onboard and the shorts are crushed you have to be ready for them to turn it down.
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I agree, after the election though.
 
Quote from vhehn:

i think the risk is hi here long. now that almost everyone is onboard and the shorts are crushed you have to be ready for them to turn it down.
More...


I thought that at DOW 11650 all the way up until today....

I feel going long may be risky but it seems losing on the short side of the trade hasnt been working since August. I used to go to bed worrying about being long in the market and hoping things would rise now I worry about the market rising. Seems there is no end in site. I see many questioning these markets. The run I think has just been simply stunning. No one here would have thought 12k in October would be achieved, seems as though it is. :confused: :confused:
 
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