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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SwingTrader2006 who wrote (6448)9/18/2007 11:23:00 AM
From: Bituman  Respond to of 50010
 
"Your aforementioned statement is PRECISELY what is holding this market UP. Stocks do not top out with such bearish sentiment. Stocks top out when everyone is giddy and making easy money "

We had those giddy conditions in July when the DOW topped 14,000.

I think the bull died February 27th when China sneezed and the globe caught cold...that was the warning shot crossing the bow. IMO, the intervening months have been none other than a major sucker rally...its' been a great market to trade, raise cash and inch into PM's however.



To: SwingTrader2006 who wrote (6448)9/18/2007 12:38:13 PM
From: RonMerks  Read Replies (2) | Respond to of 50010
 
ST, Re- 'Stocks do not top out with such bearish sentiment. Stocks top out when everyone is giddy and making easy money (ala the HOUSING MARKET recently).'

FLAG!

You guys keep backtracking.

You guys already called the top- and that the market was NOW going to tank into the second coming of the great depression.

NOW!?!?!? you're saying that stocks will top out when they get 'giddy' (again)!??!?

FOUL!

There are no do-overs here Swing Trader.

You all just got a thousand DOW points run up your asses.

And- the Investment banks/brokers are on fire here.

Symbol Time Trade Change % Chg
GS 12:14PM ET 191.96 4.35 +2.32%
LEH 12:14PM ET 60.26 1.64 +2.80%
MER 12:14PM ET 73.58 0.73 +1.00%
MS 12:14PM ET 66.95 2.04 +3.14%
DB 12:11PM ET 125.31 2.94 +2.40%
AXP 12:14PM ET 59.37 1.17 +2.01%


Ron