SUPER BULL market post election

[S2007S]

Quote from [Proximo]:

Basically normal folk are getting taxed (screwed) through inflation wheat/corn/oil etc etc -- while wallstreet gets free money -- so GS can pay $600K bonuses per/employee.

The markets are being juiced who benefits from that -- once again the banker/hedge funds etc. Doesn't really help normal folk -- with their 100 shares of INTC in their portfolio.

Exactly, why no one understands this is beyond me. As I said earlier 45 million people on food stamps and in poverty and about 20 million people underemployed and they think "juicing" the markets is going to make for a better way of life, come on.

Only ones that have made out are the banks and the top 1% of the wealthy.

Go food shopping and take a look at the prices.

 

[S2007S]

Quote from dtan1e:

correct, and the fact that there is still no major uprising shows they either not aware or thinks its due to external factors

I am really surprised no one is protesting what is going on, I guess as long as people can buy iphones, go and see a 3d movie, lease a bmw for $359 a month and be able to pay $10.00 for cigarettes everything is fine.

 

[MKTrader]

Quote from [Proximo]:

25.5% rise in the NDX in exactly 2 months.

Time to party like it's 1999. Tech Bubble v.2.0.

 

[newguy05]

Quote from HowardCohodas:

Never was very fond of Hope as a trading plan.
__________________
Author - "These Seven Trading (Investing) Secrets Will Explode Your Account: All I Know About Trading (Investing) I Learned in Flight School"

take it easy with the rhetorical bullshit will you, if you make a trade before any event, you are making a prediction (hoping) of something going up, down or sideways.

When we talk about trading plans, it's planned reaction after the prediction came true/false.

 

[Tsing Tao]

Quote from MKTrader:

Time to party like it's 1999. Tech Bubble v.2.0.

it's not a tech bubble.

its an all out asset bubble of all classes.

 

[KINGOFSHORTS]

Closed out all my short puts. Amazing that unemployment outlook continues to look bad yet markets went up bigtime today. All thanks to the big QE2

Too much risk now gonna jump in again a bit later.

 

[KINGOFSHORTS]

Woohoo Superrally!

Anyhow 100 dollar loaf of bread coming so we might all just end up breaking even

 

[failed_trad3r]

Quote from S2007S:

Everyone should understand that this rally will end eventually and a correction will take place. The higher this market goes without a pullback the more substantial the correction.

Greed is driving this market now, just remember that fear is greater than greed.

And thats why permabears like you should applaud QE.

Permabears that don't understand QE is good for traders are very very dumb.

 

[Tsing Tao]

Quote from KINGOFSHORTS:


Too much risk now gonna jump in again a bit later.

when its even riskier?

 

[Petsamo]

Quote from Tsing Tao:

its an all out asset bubble of all classes.

I wouldn't say it's a bubble for the banks.