wh$$ is going on with this market!? can't take it anymore!! help!

[S2007S]

Take note of what the director of floor operations at dme securities said!!!!!!

"The Fed's pumping $85 billion a month into the market so there's no way for it to go down, but everyone's got their finger on the trigger because they don't know when this is going to turn."



NO WAY FOR IT TO GO DOWN!!!!!!!!!!!!!


Stocks March Higher: Dow Gains for 10th Day, Up Almost 11% in 2013; S&P 500 Nears Record Closing High


Published: Thursday, 14 Mar 2013 | 12:18 PM ET
By: JeeYeon Park
CNBC.com Writer


Stocks held their gains across the board Thursday, with the Dow higher for the 10th-consecutive session and the S&P 500 within striking distance of its all-time closing high, as investors cheered a better-than-expected weekly jobless claims report.

"This could be the greatest bull run since the 80s only because there's nowhere else for investors to go," said Alan Valdes, director of floor operations at DME Securities. "The Fed's pumping $85 billion a month into the market so there's no way for it to go down, but everyone's got their finger on the trigger because they don't know when this is going to turn."

 

[ofthomas]

Quote from S2007S:

10 STRAIGHT up days in a row on the DOW, how many years hasnt this happened in?

now over 15 years or so?

Yesterday was 9 straight days and that last record was set in 1996!

Down day is coming very soon, probably in another 17 days.

I wonder, does anyone really understands indexes, or for that matter, their derivatives?

 

[trade4succes]

A long time ago market just kept going up and I only shorted, covered, shorted, covered for, for gains not worth the effort. I complained about it to a very wise man.

His answer was a retorical question: "Why don't you go long?".

That totally changed my game and level of profits.

 

[Bob111]

Quote from hitchslap:

It's amazing that so many of these type of threads are started so often on trading forums, year after year, but nobody learns.

The Indicies are geared to go up OVER TIME.
They HAVE to go up OVER TIME.
DOW WILL hit 25000 for example (maybe not for a few years, but it WILL hit it)
Regulations are in place to help the markets on the rare occasions when it crashes to stop people benefiting from downside (uptick rule gets introduced, down limits, new trading rules etc etc etc)

The odds are very much against someone who shorts something like the ES, DOW, Ftse, Dax etc.

Don't fight the Fed

mmmmmm..yeah..or maybe they don't have to go up sometimes.

nikkei 225

 

[Grandluxe]

Quote from ofthomas:

1.6M contracts traded... you must be moving some major size for "volume just wasnt there"...

This has nothing to do with anything. You have no idea how he trades or how his method and system is like. Keep your buy and hold crap to finance yahoo boards.

 

[iceman1]

Quote from bluematrix:

it's not just losing money - i've had it much worse, it's more about the work - the approach - the life and suddenly it seems none of it makes sense and everything is changed permanently - so obvious the market is artificially controlled if you ask me.

i dono maybe i've just freaked out today, maybe need a break but i'm certain there are lot of traders out there going wtf insane cus this market is everyday more rigged.

I agree with you man.. it's absurd!

One could do better at a casino rolling dice!

Only thing that went up is my 401k

 

[bluematrix]

hi guys,

thanks for all the advice, appreciate it. this is why i posted - to know Im not going crazy.

No don't get me wrong I'm not trying to catch a top - just that when the market whipsaws in a extremely tight range for this long it's not fun losing money

anyhow i did something really great today - i just watched the market and didn't do anything and it was really really fun. I think I'll do the same tomorrow.

 

[Visaria]

Buy when it is going up, sell when it is going down.



Btw Japanese equities look cheap, go long Nikkei futures.

 

[Bob111]

Quote from Visaria:

Buy when it is going up, sell when it is going down.



Btw Japanese equities look cheap, go long Nikkei futures.

they looked cheap 5 -7 yeas ago. you know what the difference is ..between US and Japan. the nation of spenders and nation of savers...

 

[southall]

Quote from southall:
Only a black swan or some geo political event can save us from this low volatility hell!

Hehe didn't take long. Lets how long this uptick in volatility lasts..