US Equity Markets will not go down
- Thread starter Rickshaw Man
- Start date
The U.S. market will not and cannot go down. See the other ET threads on the Plunge Protection Team. They are real. It's codified into federal law.
Who in the world would want to be short? When you find the most powerful financial entity on the planet supporting a market, or working it in a certain direction, you *join* it. Riding the coattails of a big player who's rigging a market, is the best thing you can hope for in your trading life.
Shorting is like going to the highway, and waiting til you're certain you've seen the biggest truck and then going to the road to stand in front of it. Makes no sense whatsoever.
Who in the world would want to be short? When you find the most powerful financial entity on the planet supporting a market, or working it in a certain direction, you *join* it. Riding the coattails of a big player who's rigging a market, is the best thing you can hope for in your trading life.
Shorting is like going to the highway, and waiting til you're certain you've seen the biggest truck and then going to the road to stand in front of it. Makes no sense whatsoever.
I agree. "they" began a couple of hours ago, ticking oil down and buying msft.
It worked again. Its pretty incredible.
It worked again. Its pretty incredible.
Quote from Ditch:
Pretty weird stuff, during the runup the Es didn't retrace more than 5 ticks, makes you wonder if there's a way to recognize it at the start.
if you look at the NYSE TICK from that day you can see the strength and where it really started to hold for the day ---
http://www.ttrader.com/mycharts/display.php?p=36324&u=macroevent&a=MacroEvent&id=1511
That was a very strong showing for the TICK {September 9th}, and that type of day you just stay long or you take any sort of long signals that you use. That buy program activity was unrelenting so you had a lot of support that was pushing the long side for any positions you may have held long that day. When the TICK is that strong there is no sense in taking any short signals --- just keep trading the long side on a day like this.
http://www.nyse.com/Frameset.html?displayPage=/marketinfo/ProgramTrading.html
you are under our control.... do not resist us....
you are under our control.... do not resist us....
and growing year by year
