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December 8, 2008 at 10:31 PM in reply to: How high goes the rally on Obama infrastructure spending? #313148December 8, 2008 at 10:31 PM in reply to: How high goes the rally on Obama infrastructure spending? #313505
mercedes7
ParticipantNot so sure it can make it to 1000, but if it does, I’m shorting the hell out of it. This is all hype and emotion. Big Obama is not going to save the economy although I do believe that he will do whatever he can to slow the bleeding. It will plug holes, but we are in big trouble. Something tells me this rally is going to stall out soon – somewhere between where we are now and 950 on the S&P. Watch the bond market for clues. Thought yields would rise a lot more (as bond traders participate in the rally) – they didn’t.
If anyone takes a few minutes to think about Obamas proposals, they will realize it is going to take a lot of time to implement and a hell of a lot of money. We are in crisis mode right now and not thinking at all about the ramifications of the actions we are taking. Wait till all those bills start to come due…then what…how the hell are going to pay for all this? Keep the printing presses going.December 8, 2008 at 10:31 PM in reply to: How high goes the rally on Obama infrastructure spending? #313536ParticipantNot so sure it can make it to 1000, but if it does, I’m shorting the hell out of it. This is all hype and emotion. Big Obama is not going to save the economy although I do believe that he will do whatever he can to slow the bleeding. It will plug holes, but we are in big trouble. Something tells me this rally is going to stall out soon – somewhere between where we are now and 950 on the S&P. Watch the bond market for clues. Thought yields would rise a lot more (as bond traders participate in the rally) – they didn’t.
If anyone takes a few minutes to think about Obamas proposals, they will realize it is going to take a lot of time to implement and a hell of a lot of money. We are in crisis mode right now and not thinking at all about the ramifications of the actions we are taking. Wait till all those bills start to come due…then what…how the hell are going to pay for all this? Keep the printing presses going.December 8, 2008 at 10:31 PM in reply to: How high goes the rally on Obama infrastructure spending? #313559ParticipantNot so sure it can make it to 1000, but if it does, I’m shorting the hell out of it. This is all hype and emotion. Big Obama is not going to save the economy although I do believe that he will do whatever he can to slow the bleeding. It will plug holes, but we are in big trouble. Something tells me this rally is going to stall out soon – somewhere between where we are now and 950 on the S&P. Watch the bond market for clues. Thought yields would rise a lot more (as bond traders participate in the rally) – they didn’t.
If anyone takes a few minutes to think about Obamas proposals, they will realize it is going to take a lot of time to implement and a hell of a lot of money. We are in crisis mode right now and not thinking at all about the ramifications of the actions we are taking. Wait till all those bills start to come due…then what…how the hell are going to pay for all this? Keep the printing presses going.December 8, 2008 at 10:31 PM in reply to: How high goes the rally on Obama infrastructure spending? #313627ParticipantNot so sure it can make it to 1000, but if it does, I’m shorting the hell out of it. This is all hype and emotion. Big Obama is not going to save the economy although I do believe that he will do whatever he can to slow the bleeding. It will plug holes, but we are in big trouble. Something tells me this rally is going to stall out soon – somewhere between where we are now and 950 on the S&P. Watch the bond market for clues. Thought yields would rise a lot more (as bond traders participate in the rally) – they didn’t.
If anyone takes a few minutes to think about Obamas proposals, they will realize it is going to take a lot of time to implement and a hell of a lot of money. We are in crisis mode right now and not thinking at all about the ramifications of the actions we are taking. Wait till all those bills start to come due…then what…how the hell are going to pay for all this? Keep the printing presses going.November 5, 2008 at 7:34 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #299852ParticipantStocktradr
I betted that 1000 on the S&P was the top and went short. Nice gain today and do believe we go lower from here. Jobs reports Thurs and Friday will likely be bad! Will put in a stop that still gives me a small gain while protecting my capital (in the unlikely event that we suddenly rally). Don’t see that happening though as key support was broken. We shall see…. I just thought you were a little too optimistic with your 1200 and even your 1100 predictions. Good luck.November 5, 2008 at 7:34 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #300210ParticipantStocktradr
I betted that 1000 on the S&P was the top and went short. Nice gain today and do believe we go lower from here. Jobs reports Thurs and Friday will likely be bad! Will put in a stop that still gives me a small gain while protecting my capital (in the unlikely event that we suddenly rally). Don’t see that happening though as key support was broken. We shall see…. I just thought you were a little too optimistic with your 1200 and even your 1100 predictions. Good luck.November 5, 2008 at 7:34 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #300221ParticipantStocktradr
I betted that 1000 on the S&P was the top and went short. Nice gain today and do believe we go lower from here. Jobs reports Thurs and Friday will likely be bad! Will put in a stop that still gives me a small gain while protecting my capital (in the unlikely event that we suddenly rally). Don’t see that happening though as key support was broken. We shall see…. I just thought you were a little too optimistic with your 1200 and even your 1100 predictions. Good luck.November 5, 2008 at 7:34 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #300234ParticipantStocktradr
I betted that 1000 on the S&P was the top and went short. Nice gain today and do believe we go lower from here. Jobs reports Thurs and Friday will likely be bad! Will put in a stop that still gives me a small gain while protecting my capital (in the unlikely event that we suddenly rally). Don’t see that happening though as key support was broken. We shall see…. I just thought you were a little too optimistic with your 1200 and even your 1100 predictions. Good luck.November 5, 2008 at 7:34 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #300283ParticipantStocktradr
I betted that 1000 on the S&P was the top and went short. Nice gain today and do believe we go lower from here. Jobs reports Thurs and Friday will likely be bad! Will put in a stop that still gives me a small gain while protecting my capital (in the unlikely event that we suddenly rally). Don’t see that happening though as key support was broken. We shall see…. I just thought you were a little too optimistic with your 1200 and even your 1100 predictions. Good luck.November 4, 2008 at 3:08 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #298553Participantstockstradr –
Do you really think this rally will take us to 1200 on the spx? Where do you see the dow? Also, have been scratching my head as to why this market has come so far so fast. At this rate, we should have an opportunity to short next week. Traders are presuming that the market is so undervalued but that is only true if earnings hold. What do you trade? SDS? Where do you see the financials short term?
thxNovember 4, 2008 at 3:08 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #298903Participantstockstradr –
Do you really think this rally will take us to 1200 on the spx? Where do you see the dow? Also, have been scratching my head as to why this market has come so far so fast. At this rate, we should have an opportunity to short next week. Traders are presuming that the market is so undervalued but that is only true if earnings hold. What do you trade? SDS? Where do you see the financials short term?
thxNovember 4, 2008 at 3:08 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #298914Participantstockstradr –
Do you really think this rally will take us to 1200 on the spx? Where do you see the dow? Also, have been scratching my head as to why this market has come so far so fast. At this rate, we should have an opportunity to short next week. Traders are presuming that the market is so undervalued but that is only true if earnings hold. What do you trade? SDS? Where do you see the financials short term?
thxNovember 4, 2008 at 3:08 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #298930Participantstockstradr –
Do you really think this rally will take us to 1200 on the spx? Where do you see the dow? Also, have been scratching my head as to why this market has come so far so fast. At this rate, we should have an opportunity to short next week. Traders are presuming that the market is so undervalued but that is only true if earnings hold. What do you trade? SDS? Where do you see the financials short term?
thxNovember 4, 2008 at 3:08 PM in reply to: Easy money on next leg down, second Fool’s Rally progressing as expected #298977Participantstockstradr –
Do you really think this rally will take us to 1200 on the spx? Where do you see the dow? Also, have been scratching my head as to why this market has come so far so fast. At this rate, we should have an opportunity to short next week. Traders are presuming that the market is so undervalued but that is only true if earnings hold. What do you trade? SDS? Where do you see the financials short term?
thx -
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