1) The pattern for the last 2 months is to push up the market on no news Monday/Tuesday (first 2 days of the week), and then it sells off to the bagholders the rest of the week.
2)Apple news will bring the markets down (nasdaq).
3) We faded the 1431 snp 500 technical level at the close (relatively speaking).
4) actual news via the ISM number comes out early next week. It will be below 50 again.
5) Far too overbought over the past 2 days x-mas rally (already have your 1.5% x-mas runnup locked in), so nowhere to go but down from here.
6) The new year starts and the game starts all over again, sell-off the market, pay back the principle that firms borrowed to runnup the market, then buy back the same stocks a lot cheaper with your previous year`s profits and newly found money.
7) Finally, the pessimistic market talk becomes in vogue b/c it suits the established agendas seasonally speaking.
8) Bears finally come in to the market with full frontal assaults. The reasoning here, is that they are no longer fighting year end bonus agendas by money managers.
9) Momentum builds, panic sets in, and everyone rushes to take profits at the same time, put values go up, the vix moves higher, and people start to lose money.
10) And then the recession talk resurfaces, debate over how far the correction will go ensues, and bluestreek says "I TOLD YOU SO MORONS!" in all his threads
2)Apple news will bring the markets down (nasdaq).
3) We faded the 1431 snp 500 technical level at the close (relatively speaking).
4) actual news via the ISM number comes out early next week. It will be below 50 again.
5) Far too overbought over the past 2 days x-mas rally (already have your 1.5% x-mas runnup locked in), so nowhere to go but down from here.
6) The new year starts and the game starts all over again, sell-off the market, pay back the principle that firms borrowed to runnup the market, then buy back the same stocks a lot cheaper with your previous year`s profits and newly found money.
7) Finally, the pessimistic market talk becomes in vogue b/c it suits the established agendas seasonally speaking.
8) Bears finally come in to the market with full frontal assaults. The reasoning here, is that they are no longer fighting year end bonus agendas by money managers.
9) Momentum builds, panic sets in, and everyone rushes to take profits at the same time, put values go up, the vix moves higher, and people start to lose money.
10) And then the recession talk resurfaces, debate over how far the correction will go ensues, and bluestreek says "I TOLD YOU SO MORONS!" in all his threads
