Weekly Poll: I Can't Believe October Is Almost Over And No Crash!

SPY Next Week?

  • Bullish

    Votes: 15 29.4%

  • Flat

    Votes: 7 13.7%

  • Bearish

    Votes: 26 51.0%

  • I prefer to keep my opinion to myself

    Votes: 3 5.9%
  • Total voters
    51
  • Poll closed .
It's like throwing a ball up in the air and trying to keep it up there....gravity brings it down and one can only keep it up there so long...

I am glad to be here with my friends to read these posts and watch this happen.

It's a war against Obama and I am not sure how long we can win.
Obama sure has brought the change he promised... (well changing just for the sake of change, not for the better). Don't always wish what you asked for. I hope now people in the USA will be more careful next time. Obama is tearing down everything that represents what he feels is failed capitalism. You aint seen nothing yet from this visionary.

MB


http://www.blackstoneaudio.com/audiobook.cfm?id=5928
 
Quote from EMRGLOBAL:

how can there be a crash when retail investors have pulled out most of their money, Etrade and the like are showing weaker profits based on less daytrading.

On top of that, the manipulation of the stock market is beyond obvious.

So, you really think there can be a crash? LOL

Odds are more infavor of a flat, sideways market for years before a crash.
More...

I understand your point, but when I look at historical volatility, I do the entire history on an index, and then I break it down to before 2000 and 2000 and after.
2000 and after is always more volatile. So the odds actually favor lots of volatility.
My own view is we continue with volatility for a few years, and after the next big bear, we go flat for years because no one will be interested at all, the way no one cared about gold all through the nineties, and it just sat there, in a very narrow range, for years.
You'd think iron condors or some other neutral strategy would work when that happens, but I'm willing to bet the bid/ask will blow out, and the spread between them will make it more challenging to make money even from the neutral strategies.
But that's years away, IMO.
 
Gold was weak this morning, but just now had a huge breakout which, if it holds to EOD, will reverse my short term sell. The dollar suffered a big swoon at about the same time.
I'd expect the markets to respond accordingly, if not today, tomorrow.
 
Notice how they want to push this market higher, nasdaq is back in the green, semis are actually strong again!


MSFT earnings after the close, who knows what they are going to say, this company isn't worth following anymore, it used to be a huge market mover but over the last few years its just become a boring stocks to watch.
 
NASDAQ going for 7 UP days in a ROW!!!!!


Oct 27, 2010 2,484.09 2,505.35 2,478.01 2,503.26 2,013,240,000 2,503.26
Oct 26, 2010 2,476.51 2,503.03 2,470.12 2,497.29 1,914,350,000 2,497.29
Oct 25, 2010 2,491.62 2,507.03 2,490.11 2,490.85 1,746,320,000 2,490.85
Oct 22, 2010 2,461.60 2,479.39 2,459.43 2,479.39 1,648,180,000 2,479.39
Oct 21, 2010 2,470.72 2,482.14 2,436.34 2,459.67 2,135,480,000 2,459.67
Oct 20, 2010 2,443.20 2,469.72 2,441.07 2,457.39 2,016,770,000 2,457.39
Oct 19, 2010 2,442.21 2,462.94 2,422.14 2,436.95 2,241,840,000 2,436.95
 
Really Really surprised that MMM was down as much as it was with the dow only off 16 points, if MMM had been up over $5.00 the DOW would have surged over 150 points.
 
You must log in or register to reply here.
Back
Top