Weekly Poll: Entering September - The Weakest Month For Stocks

[tradingjournals]

What do you think of this theory: players in a place call market flip coins, and the non-players watch the game. If paths drift to the downside, negativity sets in and humans talk about negative and even gloomy things. If paths drift up, people feel good, spend more (which helps the economy, and earnings), and the economy benefits. Now it is drifting up, until it drifts down?

 

[Tsing Tao]

revenge of the algos....

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[tradingjournals]

qqqq at 45.13. I leave the remaining upside to the bullish guys.

 

[Marcell]

Still feels good to be long. Can you give me any sensible reason why I should unplug this money printing machine? The trend is up. It will go higher.

 

[tradingjournals]

Quote from Marcell:

this money printing machine?

It is also a money burning machine--- if you look at the other side... or if the other side comes to you. I would be prudent.

 

[nickdes]

Quote from S2007S:

A little bid of gridlock in November could cause for some concern in the markets moving forward.

What????? Surely you gest

 

[tradingjournals]

Quote from tradingjournals:

qqqq at 45.13. I leave the remaining upside to the bullish guys.

Qs now at 45.00. HOD is 45.14. Bulls got one cent upside.

 

[Marcell]

Quote from tradingjournals:

It is also a money burning machine--- if you look at the other side... or if the other side comes to you. I would be prudent.

Yes, I'm being prudent, thanks for the advice. I just DOUBLED my position to 34 contracts. The trend is up.

 

[S2007S]

The bulls are screaming 1120-1130 now on the SPX, at this point it doesn't matter because will probably top out around that range and head back down below 1100 once this entire move is done with, the SPX has bounced off 1040 about 10+ times already, the problem with that is that WHEN (and not IF) the SPX finally does break 1040 the drop is going pretty magnificent. Get ready for major volatility ahead. I hope the bulls dont get too greedy, seems every time the market breaks out the fools start yelling for even greater profits in the SPX and every time they do that the market falls apart.

 

[kashirin]

Quote from Marcell:

Yes, I'm being prudent, thanks for the advice. I just DOUBLED my position to 34 contracts. The trend is up.

you can even quadrupule it
paper money remain paper money in your paper account