Why we are in a Bull Market

[fxpeculator]

Hopefully no one is out there "fighting" the trend!

 

[areyoukidding?]

Quote from fxpeculator:

Hopefully no one is out there "fighting" the trend!

LOL, u really think anyone would short this insanity. I dont care how "bearish" you are, only a freakin moron would try it.

Why are all the buy and holds so happy here?

 

[fxpeculator]

Quote from areyoukidding?:

LOL, u really think anyone would short this insanity. I dont care how "bearish" you are, only a freakin moron would try it.

Why are all the buy and holds so happy here?

Yes I do believe some are shorting this market, if you look up at the poll results, that may give you a half-baked clue. There will always be traders trying to catch tops and bottoms or whose outlook is contrarian for contrarian sake.



Why are all the buy and holds happy here?

Maybe because "they" can sit back and coin with little commissions and effort.

 

[areyoukidding?]

I also like buying the dips, there is no risk, i was just out .50 and made .20, so i also enjoy the strength of this mkt.

A note of caution, brokers are hooting and hollering again. just like the 2001.

 

[areyoukidding?]

I'm also reminded of an old, familiar adage. "Everyone loves a bull market"

 

[stocon]

Quote from wareco:

Irregardless

I think, therefore I am. I think?

 

[fxpeculator]

Quote from areyoukidding?:

LOL, u really think anyone would short this insanity. I dont care how "bearish" you are, only a freakin moron would try it.

Why are all the buy and holds so happy here?

You may have spoke too soon, Anyone who caught the intraday top with a short, would of been a great trade.

 

[areyoukidding?]

20-20 hindsight is not what we are looking for here.

 

[fxpeculator]

Quote from fxpeculator:

1. Market has been in a solid uptrend in the face of (A) higher oil and (B) higher rates. Any fall back in oil, rates, or both, the brakes or gloves are taken off and this market takes off further at rapid speed. London terrorist attacks couldn't even take the market down.

2. Recent M&A activity, uptrend

3. IPO market picking up (Bidu, new IPO's this week)

4. Marketing initiaves by brokers shows signs of growth, traders and investors slowly coming back in.

5. Hedge fund growth, hedge funds are now playing the part of VC's during the boom, investing in companies, buying debt, etc.

6. China and India growth fueling international commerce and technology.

7. Strong Job growth

8. Solid Earnings Growth

9. Rates are coming to an end

10. Terrorism fears are priced in and market has shown weak sensitivity to terror. (London)

11. Technical Picture is Bullish

In support of #4:


http://www.thestreet.com/_mktwrm/stocks/brokerages/10237862.html?cm_ven=CBSM&cm_cat=FREE&cm_ite=NA

Volume Up at Online Brokers

By Nat Worden
TheStreet.com Staff Reporter
8/12/2005 10:57 AM EDT


Two online brokerages released figures from July showing increased trading activity and gains in clients assets under management.

Charles Schwab (SCH:NYSE - commentary - research) said total client assets were $1.14 trillion in July, up 17% over a year earlier and 3% over the prior month.


Its daily average trades for July totaled 214,100, up 42% over the year-earlier period and up 7% from June.

Separately, Ameritrade (AMTD:Nasdaq - commentary - research) said it opened 23,000 accounts during the month and closed 14,000, for a total of about 3.7 million accounts.

It recorded 144,000 average client trades per day in July, and its client assets totaled about $82.2 billion, of which cash and money market assets were $13.2 billion.

Shares of Charles Schwab were recently trading up 11 cents, or 0.8%, to $13.86; while shares of Ameritrade were breaking even on the session.

 

[Babak]

which reminds me, anyone use the ameritrade index?

I've heard some traders look there for ideas (what the sheeple are buying/shorting):

www.ameritradeindex.com