You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
The time 2 buy is now big rally coming
- Thread starter stock_trad3r
- Start date
Very good day today. Where is the deadcat bounce? Hmmmmmmmmmmm? Im waiting for it cause for the past few days all the bears have been predicting it.
nasdaq up .28% and so is the whole market
people arent going to let stocks get too cheap cause
there is tons of earnings and revenue
no bad news
the buying must continue cause its time 2 buy
also high growth stocks will keep going up:
ma, chap, rimm, bidu, gs, amr, appl, goog, hans...
Next week will probably be even better
And 2007 will be a great year
nasdaq up .28% and so is the whole market
people arent going to let stocks get too cheap cause
there is tons of earnings and revenue
no bad news
the buying must continue cause its time 2 buy
also high growth stocks will keep going up:
ma, chap, rimm, bidu, gs, amr, appl, goog, hans...
Next week will probably be even better
And 2007 will be a great year
Quote from austinp:
<i>"FUTURES ARE UP NICELY ON JOB #'S!!! I THINK THE WORST IS BEHIND US!!! 100% UP ROOM TO GO FROM HERE EASILY: NOW ALL THE BEARS GOTTA COVER.. PAINFUL FOR THEM!!!"</i>
Please adjust your charts. Objects in the mirror resembling bear claws may be closer than they appear.
yeah, I agree that economy is not doing as bad. Let's hope the job report is going to be the same in 4 years when I get out of college. But, I don't know if we should cover our shorts yet. Maybe wait a little, until VIX comes down a bit. You don't want to get annihilated if it picks up again.
"FUTURES ARE UP NICELY ON JOB #'S!!! I THINK THE WORST IS BEHIND US!!! 100% UP ROOM TO GO FROM HERE EASILY..."
I recall the bullfight i saw as a young man in Barcelona in the summer of 1957. The bull, though dripping blood and massively wounded refused to die, or even fall to its knees until felled by the Matador's saber.
We perhaps should be reminded that the market like's neither full employment nor massive unemployment and it especially dislikes rising wages! The employment and wage figures we are seeing now is typical of market tops not bottoms or mid-points.
In view of the excesses of the past three years, we have not yet had a sufficient correction. There is more to come before the Bull is finally dead and carted off, and a new bull is let into the ring.
As an intraday trader, it matters not to me whether the market rises or falls; as an investor i am keen to know the market direction -- and i am both trader and investor.
I recall the bullfight i saw as a young man in Barcelona in the summer of 1957. The bull, though dripping blood and massively wounded refused to die, or even fall to its knees until felled by the Matador's saber.
We perhaps should be reminded that the market like's neither full employment nor massive unemployment and it especially dislikes rising wages! The employment and wage figures we are seeing now is typical of market tops not bottoms or mid-points.
In view of the excesses of the past three years, we have not yet had a sufficient correction. There is more to come before the Bull is finally dead and carted off, and a new bull is let into the ring.
As an intraday trader, it matters not to me whether the market rises or falls; as an investor i am keen to know the market direction -- and i am both trader and investor.
Quote from stock_trad3r:
Very good day today. Where is the deadcat bounce? Hmmmmmmmmmmm? Im waiting for it cause for the past few days all the bears have been predicting it.
nasdaq up .28% and so is the whole market
people arent going to let stocks get too cheap cause
there is tons of earnings and revenue
no bad news
the buying must continue cause its time 2 buy
also high growth stocks will keep going up:
ma, chap, rimm, bidu, gs, amr, appl, goog, hans...
Next week will probably be even better
And 2007 will be a great year
http://elitetrader.com/vb/showthread.php?s=&threadid=64965&perpage=6&pagenumber=1492
Quote from rateesquad:
yeah, I agree that economy is not doing as bad. Let's hope the job report is going to be the same in 4 years when I get out of college. But, I don't know if we should cover our shorts yet. Maybe wait a little, until VIX comes down a bit. You don't want to get annihilated if it picks up again.
The jobs report was horrible.
Let's dissect it.
"Builders cut 62,000 jobs, the biggest decline since January 1991, after adding 28,000 the prior month."
"Service industries, which include banking, insurance, restaurants and retailers, added 168,000 workers last month."
"Government Hiring: A 39,000 increase in government hiring boosted the payroll figures."
"Manufacturers reduced payrolls by 14,000 last month"
"The unemployment rate, which is calculated based on a separate survey of households, fell because 190,000 people left the labor force."
http://www.bloomberg.com/apps/news?pid=20601087&sid=aiEHIhpFASMQ&refer=home
You are interpreting it as a bad report but the market thinks otherwise
PLus it really isn't that big of a deal. People enter and leave the labor force. It tends to be clyclical. People come; people go. The unemployment rate has been low for a past few years and will remain so.
PLus it really isn't that big of a deal. People enter and leave the labor force. It tends to be clyclical. People come; people go. The unemployment rate has been low for a past few years and will remain so.
Quote from stock_trad3r:
You are interpreting it as a bad report but the market thinks otherwise
PLus it really isn't that big of a deal. People enter and leave the labor force. It tends to be clyclical. People come; people go. The unemployment rate has been low for a past few years and will remain so.
It will take a few days or weeks, coupled with other economic data, to see what the market really thinks.
Markets react to headlines, but digest the substance behind those headlines more slowly.
That was a terrible jobs report.
I am out of consumer discretionary anything.