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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (162566)	6/4/2009 12:27:36 AM
From: Veteran98	2 Recommendations Read Replies (3) \| Respond to of 313075

Nervous market out there right now... won't take much to put it into tilt imo. It's been a hell of a move and a lot of bad news is getting ignored or dismissed as being not as bad as before, many were starting to believe that everything is cool in lotus land land and the market would continue rising forever and a new bull market was underway. I think today just goes to show you just how fickle investors are and ready to run for cover a the slightest sound of a gunshot. The powers that be have pumped so much money into the market it's hard to predict where the markets are going, you don't even know who is control of what maybe the PPT exists and is artificially pumping everything higher. Who knows what the hell they are doing with all the money they are printing...Everything was a house of cards before and it crashed and rather than solving the problem they are building and even higher house of cards that has the potential of crashing even bigger than it did before. I'm not saying the market won't recover from here and head a little higher but there a lot a folks keeping a very close eye on the door and and imo at some point they are going to start eyeing each other and the rush for the door is going to become a stampede. we are far from being even close to recovering from any of the problems that caused this collapse and already people are beginning to think the next economic boom is underway. Personally my total PF despite losing more than 50% Oct-Nov 2008 and despite everything that has happened was higher yesterday than it has ever been. I took quite a bit off the table yesterday and should have sold more but I took a big hit today, just shows how quickly things can change it's best to dance pretty close to the door.