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

[tradingjournals]

How fast and deep will this retreat be?

 

[shortie]

Quote from tradingjournals:

How fast and deep will this retreat be?

half a year since the last flash crash. it is about time...

 

[deThommo]

I guess if you keep predicting it's about to happen and then it does you will eventually be right.
Even a stopped clock tells the right time twice a day.

 

[MKTrader]

Quote from shortie:

half a year since the last flash crash. it is about time...

Well, we've had a Fed-induced, slow-motion "melt up" with all the HFTs participating. A couple of flash crashes are in order just to balance things out.

 

[Bigaeon]

Yeah Obama!! Keep pushing the problems off.

 

[shortie]

Quote from deThommo:

I guess if you keep predicting it's about to happen and then it does you will eventually be right.
Even a stopped clock tells the right time twice a day.

i am the worst market timer there is. if only i could learn to trade the opposite of my own predictions!

actually the weekly poll threads are not about me making predictions. they are about discussing market directions and assessing ET sentiment.

 

[HowardCohodas]

Quote from shortie:

i am the worst market timer there is. if only i could learn to trade the opposite of my own predictions!

Then perhaps you should choose a trading method that does not depend on market timing.

Quote from Harry Callahan in Magnum Force

A man's gotta know his limitations.

 

[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.

 

[HowardCohodas]

Quote from EMRGLOBAL:

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

Great. I can profit from that.

 

[shortie]

The latest Spectrem Millionaire Investor Confidence’s Index, which polls people with $1 million or more in investible assets, rose substantially in October.

Spectrem Group, a Chicago consulting firm, said its Millionaire Index jumped six points in October to the highest point since the good old days of December of 2007
http://blogs.wsj.com/wealth/2010/10/27/millionaire-optimism-reaches-3-year-high/