Home › Forums › Financial Markets/Economics › What say the stock market bears now?
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March 24, 2009 at 12:21 AM #372399March 24, 2009 at 6:28 AM #372146Chris Scoreboard JohnstonParticipant
Just look at a weekly chart of the Cash SP500 it will give you some perspective on this rally, it is in my blog. This bounce does not look like much when you view it that way.
Although I am long the futures on a short term trade, I am looking for a short position entry to setup to reverse my trade. As I state in my blog, I expect this rally to last into May/June, then another sharp down leg to follow. In analyzing the COT report, I do not see anything in there to indicate we have seen the ultimate low yet. There has been some buying but not a large amount.
My opinions on Barry and the interns (Obama and Co. )do not effect how I invest/trade my money.
March 24, 2009 at 6:28 AM #372428Chris Scoreboard JohnstonParticipantJust look at a weekly chart of the Cash SP500 it will give you some perspective on this rally, it is in my blog. This bounce does not look like much when you view it that way.
Although I am long the futures on a short term trade, I am looking for a short position entry to setup to reverse my trade. As I state in my blog, I expect this rally to last into May/June, then another sharp down leg to follow. In analyzing the COT report, I do not see anything in there to indicate we have seen the ultimate low yet. There has been some buying but not a large amount.
My opinions on Barry and the interns (Obama and Co. )do not effect how I invest/trade my money.
March 24, 2009 at 6:28 AM #372602Chris Scoreboard JohnstonParticipantJust look at a weekly chart of the Cash SP500 it will give you some perspective on this rally, it is in my blog. This bounce does not look like much when you view it that way.
Although I am long the futures on a short term trade, I am looking for a short position entry to setup to reverse my trade. As I state in my blog, I expect this rally to last into May/June, then another sharp down leg to follow. In analyzing the COT report, I do not see anything in there to indicate we have seen the ultimate low yet. There has been some buying but not a large amount.
My opinions on Barry and the interns (Obama and Co. )do not effect how I invest/trade my money.
March 24, 2009 at 6:28 AM #372645Chris Scoreboard JohnstonParticipantJust look at a weekly chart of the Cash SP500 it will give you some perspective on this rally, it is in my blog. This bounce does not look like much when you view it that way.
Although I am long the futures on a short term trade, I am looking for a short position entry to setup to reverse my trade. As I state in my blog, I expect this rally to last into May/June, then another sharp down leg to follow. In analyzing the COT report, I do not see anything in there to indicate we have seen the ultimate low yet. There has been some buying but not a large amount.
My opinions on Barry and the interns (Obama and Co. )do not effect how I invest/trade my money.
March 24, 2009 at 6:28 AM #372758Chris Scoreboard JohnstonParticipantJust look at a weekly chart of the Cash SP500 it will give you some perspective on this rally, it is in my blog. This bounce does not look like much when you view it that way.
Although I am long the futures on a short term trade, I am looking for a short position entry to setup to reverse my trade. As I state in my blog, I expect this rally to last into May/June, then another sharp down leg to follow. In analyzing the COT report, I do not see anything in there to indicate we have seen the ultimate low yet. There has been some buying but not a large amount.
My opinions on Barry and the interns (Obama and Co. )do not effect how I invest/trade my money.
March 24, 2009 at 6:42 AM #372151jetonejetParticipantCongrats! You now have about the same amount of money in the DOW as you did in December 1997. What a rally!
March 24, 2009 at 6:42 AM #372433jetonejetParticipantCongrats! You now have about the same amount of money in the DOW as you did in December 1997. What a rally!
March 24, 2009 at 6:42 AM #372607jetonejetParticipantCongrats! You now have about the same amount of money in the DOW as you did in December 1997. What a rally!
March 24, 2009 at 6:42 AM #372763jetonejetParticipantCongrats! You now have about the same amount of money in the DOW as you did in December 1997. What a rally!
March 24, 2009 at 6:42 AM #372650jetonejetParticipantCongrats! You now have about the same amount of money in the DOW as you did in December 1997. What a rally!
March 24, 2009 at 8:06 AM #372637capemanParticipantIt’s just another five hundred points that have to come off when people realize that the existing home sales data showed the weakness of highend households in resisting foreclosure. Then right under the rally the Fed quietly transferred the Bear Stearns and AIG bad assets to the Treasury in a smelly poop for gold swap.
March 24, 2009 at 8:06 AM #372680capemanParticipantIt’s just another five hundred points that have to come off when people realize that the existing home sales data showed the weakness of highend households in resisting foreclosure. Then right under the rally the Fed quietly transferred the Bear Stearns and AIG bad assets to the Treasury in a smelly poop for gold swap.
March 24, 2009 at 8:06 AM #372793capemanParticipantIt’s just another five hundred points that have to come off when people realize that the existing home sales data showed the weakness of highend households in resisting foreclosure. Then right under the rally the Fed quietly transferred the Bear Stearns and AIG bad assets to the Treasury in a smelly poop for gold swap.
March 24, 2009 at 8:06 AM #372180capemanParticipantIt’s just another five hundred points that have to come off when people realize that the existing home sales data showed the weakness of highend households in resisting foreclosure. Then right under the rally the Fed quietly transferred the Bear Stearns and AIG bad assets to the Treasury in a smelly poop for gold swap.
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