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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: voodooist who wrote (36098)8/7/2012 11:44:02 PM
From: Lazarus1 Recommendation  Read Replies (1) | Respond to of 218589
 
well, to me its really very simple. THE MARKET HAS BEEN IN AN UPTREND SINCE 666.

and ever since it turned up there have been hoards or pastey faced gloomies saying its a "just a bounce in a bear market" and "get ready for the REAL CRASH we're headed to 400"

a lot of those folks are hurtin' for certain.

anyway, personally i dont see that happening. doesnt mean we wont have major down days/cycles but we ALWAYS have those.

the "trend is your friend" unless of course you choose to make it your enemy.

maybe i'm naive but thats the way i see it.

i do think we could correct some here but the market to me looks very strong.

i need to find some good penny plays --- SUGGESTIONS?