Mohan It ia laways good to be on the right side of the market, luckily I have some decent calls and with the help of knowledge on the internet was able to call this market to best of my little ability so far, I think it is fun to see money growing with little exposure fully leveraged with out of money calls...in a uptrending markets making new high this has been the mantra of htis thread never short a market making new high I ahve my levels I look at them every day very closely and play my long short strategies with lethal accuracy, all said and done it does make me concerned that everyone looks at the market as easy way to make money that isn ot correct I have seen people blinded like a deer when market break supports, so I have learned this two way trading skills which has helped me a lot, any way you remembr our debate on MOT this darn thing is doubled, it did test 50's but it repaid the trsut investors had in it. now AMAT I got out last week now ar 103 and I am watching if SOX holds 625 sypport.. so all sais and done it is not the spin that brings the market to these levels I assure you that hard earned money is the smartest and some values and potential was overlooked last year by people who failed to see that makret can exact a huge sweet revenge on the naysayers. Foe me never get wedded to one side of the market play the momentum andthe volatility that is the name of the game..
Are you seriously suggesting that 'inflation' has been hidden and under-reported by spin doctors? I truely believe that 'commodity era is dead this is knowledge based economy that travels with speed of light at no cost, that 'death of geography' leads to imported price stability and a 'freer global trade' leads to lessening of wage pressures. Macro economic is freed from location and the mobility of labour where I order nearly all my stuff form the most competitive supplier has made my neighbourhood utility store any e-commerce shop on the internet, the other day I ordered my shirts from California, they were priced three times here, I GOT MY MONOGORAM for free, now thati s real commerce, and I look at it otehr way I apply a cap rate of 5% to S&P 500 profits that gives me a market cap of 9 trillion $ for S7P 500 stocks.. I see that we may still have some room until 2002.. however i would love this to consolidate its gains..around 1330 level and play a range betwen 1382 top 1475..so thati s my goal objectives and if it stays on that course your traling entry points will keep moving higher now 8000 looks a decent entry point..isn't it from 4000 to 8000 it is now a huge move ofr the shorts.. |
