Will the S&P hit 500 or 1000 first?

[tardes]

Quote from 4444CJones4444:

SPX to 780-800. Momentum could carry the index higher, say 850 or so, and then reality will set in again. On the way back down to 650, the doom and gloom crowd, who obviously suffer from obsessive compulsive disorder, will flood ET with "the world is ending" posts again. I can't wait.

I hold the same view

 

[stock_trad3r]

Up we go. There is a definite possibility the bear market ended yesterday. 900 for the sp00z within the next 2 months? PPL rushing to cover.

 

[MiniDowTrader]

Quote from stock_trad3r:
Up we go. There is a definite possibility the bear market ended yesterday. 900 for the sp00z within the next 2 months? PPL rushing to cover.

Perfect example of someone who still doesn't get it. Trading/investing is a simple momentum game. Choosing one side or one direction is a quick way to be on the losing end. Trying to predict direction is useless. Go with the flow. Don't paddle upstream. Don't piss into the wind.

 

[stock_trad3r]

Quote from MiniDowTrader:

Perfect example of someone who still doesn't get it. Trading/investing is a simple momentum game. Choosing one side or one direction is a quick way to be on the losing end. Trying to predict direction is useless. Go with the flow. Don't paddle upstream. Don't piss into the wind.

the flow today is up. Dow closing +300 or more points. either go long and make money or be a loser.

 

[tardes]

Quote from Lucrum:

Ah of course the CNBC commentators.

Now THAT'S a good reason to be long.


:eek:

I think you were too quick to take conclusions. I have never said that because of... we should all go long.

What I was trying to say is that through cnbc and bloomberg we can get a feel for the market momentum because they interview many people, a bit like a survey.

 

[stock_trad3r]

CNBC is bullish. They know that stocks are a good value. Happy days will return again. No lessons to be learned. No frugality. no de-leveraging. no more regulation. more credit & easy money.

 

[MiniDowTrader]

Quote from stock_trad3r:
the flow today is up. Dow closing +300 or more points. either go long and make money or be a loser.

LOL "Fully vested" sheeple such as STD3R HOPE and PRAY for a rally every day. Good luck with that.
I've made my money on the way down and back on the way up today. Why live on one side?

 

[Lucrum]

Quote from tardes:

I think you were too quick to take conclusions. I have never said that because of... we should all go long.

What I was trying to say is that through cnbc and bloomberg we can get a feel for the market momentum because they interview many people, a bit like a survey.

I was just giving you a hard time.

It's your money, do what you like.

 

[Ivanovich]

Quote from stock_trad3r:

the flow today is up. Dow closing +300 or more points. either go long and make money or be a loser.

+300 or more points, eh?

ET's contrarian indicator has spoken again.

 

[frank grimes]

frank grimes


Registered: Feb 2005
Posts: 1481


03-04-09 10:18 AM

stock< very very simple question, how much money have you made in the last year and a half? another softball question, how much REAL money have you lost?