Todays Rally 11/13/07

[neophytenate]

Quote from pumpanddumper:

Unfortunately, I think the rally lasts all day and strong into the afternoon. BOJ really screwed the bears overnight by not raising rates. Clear sailing until the next unforseeable shoe drops. Sell this rally at 3:59.

Good Call.

 

[bgp]

good call. i did

 

[Poole]

the unfortunate thing about the ignore feature is that when other people quote their stuff, u still see the nonsense from the person on ignore (nothing to do with bgp)

 

[wiesman02]

Quote from Cocaine:

Not only were you wrong, you were INCREDIBLY wrong! Not even close to be remotely right.

Believe me, I am being a jerk for a reason. The sooner you get away from guessing and commit yourself to learning to read the mkt, the sooner you make profits. Plain and simple.

You guys are so freakin' harsh. I have one small open position b/c I had to go to work today. Barely even looked at the markets. Only saw how far up it was. It was just a guess. Had no impact on anything. Yet, I get berated like stock turder.

Cocaine, you need to chill out man.

 

[Cocaine]

Aw come on bro, get some thicker skin if you cant handle some criticism for making a terrible call.

Quote from wiesman02:

You guys are so freakin' harsh. I have one small open position b/c I had to go to work today. Barely even looked at the markets. Only saw how far up it was. It was just a guess. Had no impact on anything. Yet, I get berated like stock turder.

Cocaine, you need to chill out man.

 

[paysense]

<i><b>- "Like how the August 16-17th rally was a deadcat bounce?

This is no deadcat bounce. Solid volume, solid chart."</i></b> Stock Trad3r

Um, excuse me but the only reason we rallied a bit from that low was because Ben Bernanke and the FOMC made a surprise intervention with mindboggling timing or this baby would be in the toilet and all your posts since then!

Your not getting anymore help and this will go into the toilet (which btw is healthy for the stock market if the newb can see past the rose-colored glasses). I think Wall Street and Ben finally realize this - newbs that they apparently are. You can't stop this. That's the beauty of the market.

Paysense

 

[bgp]

thank you poole.

 

[canuckrookie]

Today was just one day. You can't make any claim based on one days action. Today was up big on no news "other than WM" and I am thinking any bounces are sellable. The next few days are very important. The new accounting rule comes into effect tomorrow if I am not mistaken.

 

[JSSPMK]

What is the most likely outcome when you see a fully grown Grizzli right next to you?

I'd say you'd crap yourself almost instantly.

No crap, no bear.

Where is the hysteria in the markets? We do have increased vola, but that is to be expected whenever price either re-tests all time Hi/Lo, bulls hold support and that is one of the signs that it is WAY too early to wave goodbye to da bull, ImO.

 

[pumpanddumper]

Quote from pumpanddumper:

Unfortunately, I think the rally lasts all day and strong into the afternoon. BOJ really screwed the bears overnight by not raising rates. Clear sailing until the next unforseeable shoe drops. Sell this rally at 3:59.

Milked it out all day long. Went short at 3:59 and expect the market to piss away 1/3 of todays gains tomorrow.

The big next shoe drops after options expiration.