The Biggest Rally On Vapors I've Ever Seen

Quote from ByLoSellHi:

My caveat has and always is that I am not a trader, and don't dare tread those treacherous waters that are rigged by players having access to information I can't possible hope to have.

If there was integrity in equity markets, and they weren't so rigged, and the markets were efficient and tracked real business conditions, I would take a stab at trading.
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So if you are not a TRADER what is it that you do for a living?
 
I agree...Thus is the plight of faders... :D

I didn't see your post above

Quote from Pa(b)st Prime:

At least you're smart enough to leave trading to traders. I'm not long or short stocks (I'm a small short in gold) but:

1. There's WAY too many shorts

2. The end of the world view is WAY too crowded (and I'm in their camp-too many of us)

3. There's peculiar strength in the economy. Detroit is supposed to be shite on earth yet the Tigers had 20,000 plus come out three nights in a row to watch meaningless April baseball in frigid temps.

4. The market isn't ready for it's next implosion until sentiment loudly says "the worst is over, thank God Obama knew what he was doing." For all I know it could take six more months to burn out enough bears to roll over again.
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Funny, there were no "believers" to be found on ET just a couple of weeks ago . . . but now there are believers all over the place here!

That's what a 6 consecutive week rally will do for people. And the bullish sentiment numbers that came out on Thursday confirm that.

Hmmmm....
 
Quote from Dr. Zhivodka:

I agree...Thus is the plight of faders... :D

I didn't see your post above
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I do sense though that sentiment is improving-big ISE readings this week-and I am looking for another, eventual leg lower. I'm waiting for a Zen like epiphany rather than get lulled short on some random correction day.

In summary I'm ST (next week) bearish IT(next 5 months) bullish and LT (rest of our short wretched lives) bearish.

Guess that confliction is why I'm flat stocks. :)
 
I think I was about 3 days early. You can check my posts.

Quote from Landis82:

Funny, there were no "believers" to be found on ET just a couple of weeks ago . . . but now there are believers all over the place here!

That's what a 6 consecutive week rally will do for people. And the bullish sentiment numbers that came out on Thursday confirm that.

Hmmmm....
More...
 
Quote from Landis82:

Funny, there were no "believers" to be found on ET just a couple of weeks ago . . . but now there are believers all over the place here!

That's what a 6 consecutive week rally will do for people. And the bullish sentiment numbers that came out on Thursday confirm that.

Hmmmm....
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Exactlllyyyyy
 
I do hate to be long in here but I just sense that there are too many bears and getting more bearish all the time.

We'll see

Quote from Pa(b)st Prime:

I do sense though that sentiment is improving-big ISE readings this week-and I am looking for another, eventual leg lower. I'm waiting for a Zen like epiphany rather than get lulled short on some random correction day.

In summary I'm ST (next week) bearish IT(next 5 months) bullish and LT (rest of our short wretched lives) bearish.

Guess that confliction is why I'm flat stocks. :)
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Quote from Landis82:

So if you are not a TRADER what is it that you do for a living?
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I've made all my money developing real estate, in the family tradition, and have spoken about it at length on here.
 
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