The time 2 buy is now big rally coming

Quote from stock_trad3r:
Yea there was some volitility after the big drop but my point is that there was no second 'big drop'.
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So why not sell or beta neutralize all long positions after such a drop and wait out the volatility and see where the market heads in the intermediate term? Can always get back in when the market made up its mind, no? If the market manages to make new highs within 4 weeks (in this market, with this liquidity ... nothing can surprise you) you would "just" lose out on the 5% from here to new highs, then you can always get back in once you feel comfortable with the upside movement. Hey whats 5% with 100% up room to go??? :p

Why close your eyes, jump into chaos and hope for the best? I would do that if there was ZERO RISK, but that my friend, is not the case anymore unfortunately until the smoke clears :p
 
Quote from cashmoney69:

...and while we debate this, others are making money. Just take a position. VLO and LEH look good for example.

http://stockcharts.com/h-sc/ui?s=VLO&p=D&yr=0&mn=4&dy=0&id=p21011395105

http://stockcharts.com/h-sc/ui?s=LEH&p=D&yr=0&mn=4&dy=0&id=p21011395105

cm
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VLO is a no brainer.

So is COP or STO.

Anything oil, but especially refining.

The hedgies are scratching their heads and asking what consumers need, no matter what the jobs data looks like or where the economy heads.

They are concluding, duh....gasoline!

Yeah, that's it! Refinery constraints, geopolitical risks, everyone including those under the age of 3 in China are driving Hummers.

Gasoline and oil, babeee!

(Honda is a good trade, too, as long as the yen stays weakish - same reason, gasoline is headed much higher)
 
Quote from ByLoSellHi:

makloda, you can be so sexy when you push the bear case.

You're bi. You are bullish and bearish.
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haha I love the bears!!! I am agnostic myself though, I don't care much where the markets go as long as I make money :mad:

Here's something fun reg. bears I read on Trader Tims blog the other day (http://tradertim.blogspot.com):

"Today's market reminds me of the contrast between fantasy and reality. See, the market people were all swept up with (until quite recently) looked a lot like this:"
0307-%24sharonfantasy.jpg


"But the market I see (and, believe it or not, it's the exact same person in the photo above and below) is something I try to view with clearer eyes and a more logical mind:"
0307-%24sharonreality.jpg
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Yea since a long while, I love his humor. He's a dedicated bear and always has something funny to post even if the market doesn't go his way.
 
Quote from stock_trad3r:

Yea there was some volitility after the big drop but my point is that there was no second 'big drop'.
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Excellent call once again !!!


Dont let the perma bears get to you!!


Thanks for posting
 
Quote from stock_trad3r:
but he is overrated. All his posts seem to read "I bought puts on this..I bought puts on that.."
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What does it matter as long as he's making money in the long run?

He might have many -5% months but they can easily be offset with the occasional 150% month a perma bear can achieve with well placed put options.
 
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