Weekly Poll: Last Chance To Show Off Your Prediction Skills In 2010!

[NoDoji]

Quote from shortie:

i would not be able to buy if my life depended on it. especially now that we are so close to another crash!

Shortie, there now, didn't it feel good buying AAPL @ 324.25?

 

[Nine_Ender]

Quote from shortie:

bingo!

VIX very low, hardy suggests danger of any type. You seem paranoid, although I would agree reading ET tends to expose one to all sorts of bearish hysteria. Reminds me of the technology bulls of the late 1990s, only its people dreaming about getting rich shorting the market. Must be some sort of late 2008 hangover effect.

 

[NoDoji]

Quote from NoDoji:

Shortie, there now, didn't it feel good buying AAPL @ 324.25?

When you add here @ 324.86, be ready to take profits if the breakout fails

 

[NoDoji]

Quote from NoDoji:

When you add here @ 324.86, be ready to take profits if the breakout fails

All right, Shortie, you're on your own now, both entries profitable. See, not so bad, just hold your nose and buy the highs

 

[shortie]

Quote from NoDoji:

All right, Shortie, you're on your own now, both entries profitable. See, not so bad, just hold your nose and buy the highs

yes, i see the trade is working but there is no market crash today...

 

[NoDoji]

Quote from shortie:

yes, i see the trade is working but there is no market crash today...

Well, you want to always keep a GTC limit to buy AAPL @ $200 in case of a market crash

 

[Nine_Ender]

Quote from shortie:

yes, i see the trade is working but there is no market crash today...

From the news today, it looks like my strategy to go long blue chip banks and technology stocks was the right one for now;
CSCO talking about a dividend and financials showing relative strength again today.

Looking forward to a more normal volume day for confirmation.

 

[noddyboy]

Quote from shortie:

bingo!

Actually, a crash comes when no one expects it and discounts the warning signs, not when there are no warning signs.

 

[shortie]

Quote from Nine_Ender:

I'm having a hard time finding precedent for a crash only 22 months after the last crash ended. Enlighten me what makes you think this time is different and epic on a historical basis.

Is it the record setting corporate earnings ? The liquidity in the market ? The attraction of 0% savings accounts ? The Chinese growth rate ?

Sometimes I wonder, did some of you start following markets in 2007 or later ? I've been following markets since the 1980s, seen a lot of wild swings, nothing about today's market is extraordinary or suggests a crash.

how did you survive 87?

 

[Nine_Ender]

Quote from shortie:

how did you survive 87?

Could you supply a graph of the major stock indexes from 1988-2000 and explain to me where the second crash occurred ? Because this is the kind of event you keep predicting week after week, some sort of double crash idea that I don't remember ever happening in my lifetime.

Maybe the early 1930s. A lot has changed since then. If RIMM can make billions selling BlackBerrys and China has 10% growth, I just can't see a depression being a rational prediction.