35854 replies to this topic

[Sunesis]

We going up r down?

We still going up. buy the dips.

 

We might take a detour down, but the trend is up.

 

Whenever we go down take it as a market breather. The market does not go up in a straight line.

[K~~]

We going up r down?

She might just pause a while to catch her breath before commencing the journey upwards.

[Sunesis]

Great hope we fall our arses off today

I would want a drop to at least to 39400  for my 1st buy.

 

Lucky i have a SAB long from last weeks low. It might rally today.

 

US story  was a buy the rumour sell the fact.

 

I think now its a sell the rumour buy the fact. Markets are pricing a China GDP slowdown tomorrow.

 

Nonetheless we are still going up. Its just a matter of time.

[Olymphia]

We going up r down?

[bear catcher]

Great hope we fall our arses off today

[AJS]

I don't think our market will run wild today (just my un-educated opinion).  Think it has been a case of "buy the rumour"...

[HendrikB]

Then my words of caution aren't meant for you. There are however also investors out there who may be wondering what to do now...

 

I've closed 1 or 2 of my long-term positions recently and converted it to foreign currency and gold.  I've been a nervous wreck

these past 2 weeks and I feel a lot better now.  I had a great year thus far but I don't have the stomach for this market.  I'll make 

a few trades here and there but I'm not jumping in naked.

[alexander]

well said.

well hopefully there wont be a Credit down grading in the next 3 months

[HendrikB]

All this experts started saying this since 2009. I just trade everyday and close my positions. Take your money and run. Traders don't care about when it will crash. I'm not a investor, i'm a trader

 

well said.

[Sunesis]

A debt deal has been reached in theory according to Senate aides. It still needs to go to a vote but signs/rumours are positive.

The can successfully kicked down the road: Senate deal would give US a budget until Jan 15, suspend debt limit until Feb 7.

 

The market bought the rumor with two hands, maybe they will sell the fact

 

Good night

[Trainee Trader]

Will there be a press conference or something when a deal is confirmed to avert debt default? Or do you just keep a long position hoping it will happen?

 

http://www.bloomberg...al-impasse.html

[Trainee Trader]

Will there be a press conference or something when a deal is confirmed to avert debt default? Or do you just keep a long position hoping it will happen?

[Zero Hedge]

Then my words of caution aren't meant for you. There are however also investors out there who may be wondering what to do now...

[Sunesis]

Yes you could be right and I am not trying to pick the top. Just getting nervous with every passing day whilst this levitation continuous. Spoke this morning with one of the sharpest minds in the industry who has seen this before. He said that when you feel rich and you should if you have been fully invested in equities for last 3 years then you must begin to worry about the level of the market. Risk reward not great up here...but not shorting just yet as there could be one final squeeze. Also worth considering that Tom Demark said last week that s&p price action looks very similar to that of 1929 and we all know how that party ended. What really worries me is that nobody sees any reason for an equity sell off.

All this experts started saying this since 2009. I just trade everyday and close my positions. Take your money and run. Traders don't care about when it will crash. I'm not a investor, i'm a trader

[Zero Hedge]

Yes you could be right and I am not trying to pick the top. Just getting nervous with every passing day whilst this levitation continuous. Spoke this morning with one of the sharpest minds in the industry who has seen this before. He said that when you feel rich and you should if you have been fully invested in equities for last 3 years then you must begin to worry about the level of the market. Risk reward not great up here...but not shorting just yet as there could be one final squeeze. Also worth considering that Tom Demark said last week that s&p price action looks very similar to that of 1929 and we all know how that party ended. What really worries me is that nobody sees any reason for an equity sell off.

[Sunesis]

Whatever happens i've made enough money for the day.

 

The dog is happy

The kids are happy

The wife is happy

 

I am happy

 

I've never been so tired with  making money like today

[Beorn]

Beware of trying to pick the top

 

If you’re long dollars, stocks, debt deal positive trades it may be wise to let them flow. If you’re out don’t be tempted to fade the buying just yet as there may be plenty more in these moves yet. We’ve not had ink on paper yet and the votes have got to go through. It’s looking 99% done now but the market may be waiting for that 100% confirmation and the exact details of any deal before making a real move higher.

 

I love this market.

 

I'm on a Nasdaq and S&P long trade, and i loving what i see. It just keeps going higher. I've brought my stops to 30% profit cover. Just in case sh*t happens

 

ALSI still getting munipulated by IG

 

Viva La Bull          

 

 

I disagree, this move IMO is 100% QE driven. Everyone expects a kick down the road, so QE will keep flowing.

If US gets a clean deal done, it could mean that tapering could start end of this year, and IMO, markets will drop.

[Argento]

Beware of trying to pick the top

 

If you’re long dollars, stocks, debt deal positive trades it may be wise to let them flow. If you’re out don’t be tempted to fade the buying just yet as there may be plenty more in these moves yet. We’ve not had ink on paper yet and the votes have got to go through. It’s looking 99% done now but the market may be waiting for that 100% confirmation and the exact details of any deal before making a real move higher.

 

I love this market.

 

I'm on a Nasdaq and S&P long trade, and i loving what i see. It just keeps going higher. I've brought my stops to 30% profit cover. Just in case sh*t happens

 

ALSI still getting munipulated by IG

 

Viva La Bull          

 

 

Boehner has agreed to bring the senate bill to the house floor, the odds of averting a default is almost certain now!

 

Got this hunch we're going to open tomorrow with lots of green...

 

This dull up and down showing a big move c'mon!

 

A

Edited by Argento, 16 October 2013 - 05:28 PM.

[Sunesis]

Beware of trying to pick the top

 

If you’re long dollars, stocks, debt deal positive trades it may be wise to let them flow. If you’re out don’t be tempted to fade the buying just yet as there may be plenty more in these moves yet. We’ve not had ink on paper yet and the votes have got to go through. It’s looking 99% done now but the market may be waiting for that 100% confirmation and the exact details of any deal before making a real move higher.

 

I love this market.

 

I'm on a Nasdaq and S&P long trade, and i loving what i see. It just keeps going higher. I've brought my stops to 30% profit cover. Just in case sh*t happens

 

ALSI still getting munipulated by IG

 

Viva La Bull          

[Zero Hedge]

Agreed could be buy rumour sell fact when deal is reached...they are in any case just sticking a band aid on it and kicking the can a bit further. Me can not help but wonder when does the can decide to kick back?