what happened to all the bears?

Quote from dotslashfuture:

I don't have enough information to be a contrarian, and I don't think any individual investor does. You need massive research and deep pockets to be a successfull contrarian. Being more and more bearish as the market RISES is not a winning strategy for joe six pack or for me.
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True, there are forecasts and then there's trading.. the most one can do is project areas of reversals, but who really knows if that's going to be "the" final top or bottom. Therefore, trading and money management is still critical. Yes I'm guilty for stalking shorts yesterday, but the trader part of me knew that something was changing and to reverse.

But, when you combine doing your analysis homework and then it pans out as you expect, it's a lot easier to take the trade.
 
Quote from balda:

well there are a lot of BEARS here on this chat to go long:D
weekly NASDAQ avobe 100 ma nice trend up.
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100 ma on the weekly isn't very important to a daytrader, we care about the now and near future. :D
 
Short-term traders and daytraders are looking for quick hitters on the short side.

Calm down bronco bull ... this is still a bear market. Take a look at a chart that's longer than 1 year.
 
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