The market is never going down again

G

GTS

You heard it here first.

Every day from now on it will close positive. Doesn't matter how bad the news is.

Consumer confidence miss by 10 points? No problem.

US real estate market continues precipitous decline with record decline? Piece of cake.

Rally on the news.

Holy crap - is everybody sitting short right now so we can't get a decent sell-off short of another IB failure?
 
Quote from brocklanders:

If you stare at the bark on the trees long enough the forest will start to appear anyway you want it to.
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Can you translate these words of wisdom into tradeable advise?
 
Quote from tradingbug:

Look at the BIG picture.
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Yes, exactly. The S&P 500 is still down almost 14% since the October 2007 high. This market has a long way to go to reestablish it's footing. I wouldn't fight it too much though... I'd rather change my bias than try and fade the short term trend (up for now). Good luck.
 
Quote from GTS:

You heard it here first.

Every day from now on it will close positive. Doesn't matter how bad the news is.

Consumer confidence miss by 10 points? No problem.

US real estate market continues precipitous decline with record decline? Piece of cake.

Rally on the news.

Holy crap - is everybody sitting short right now so we can't get a decent sell-off short of another IB failure?
More...


Yep!!!

Amen!!!
 
Quote from brocklanders:

If you stare at the bark on the trees long enough the forest will start to appear anyway you want it to.
More...




After pushing big white bullish candles up the asses of shorts , its that kind of feeling...
 
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