think back to DOW 14000 27-Feb-09 03:29 pm
Remember how everything was growing , everything looked Rosy , you could buy any stock and it would go up. yes we were conditioned by the news media to believe that.
NOW! everything is going to hell in a hand basket , the world is about to end! just short any stock and you will make money!
sounds like another conditioning program has run its coarse. trust me March will not be a good month for being short this market! next week the tide will change on Tuesday or wendenday. will the market turn from a bare market NO!. But it will give one convincing performance, in the form of a 25% rally over 1400 point watch and learn.
ye old LAB RATS! conditioned you are if you believe that this market is doomed, for you are pre programmed to loose your short earnings!
i have made a nice profit short and now in cash!
and, here is just one of strange's wrong way posts - following his advice would have cost you but - he can sure spell bear! lol wonder if spelling makes him any money? lol
he bases his predictions on fib retracements. And he most definitely did not call for dow 10k+ until the dow was well over 9000. If im wrong, please link me the post!
And no, I am not comparing myself to him. I can actually spell 'bear' and I'll be around long after this run ends unlike the rest of you bull market 'geniuses'.
if you are comparing yourself to shortreamer, that is something to laugh about! rotflmao !! You have no clue and you even prove it with this comment:
"Actually his 10k prediction came long after I told the board to cover shorts around 8500." strange. Do you even understand what his predictions are based on?
reamer sure as hell wasn't short from 6500 lol The more you talk, the dumber you get!
Boiler room boys working overtime!
Ok youre right, it was a great prediction. After all the dow closed right at 8k yesterday...er...nm...
Actually his 10k prediction came long after I told the board to cover shorts around 8500.
What I really want to know though is if the bare market is over or not. I'd like to put my clothes back on when I trade LMFAO.
he called the bottom idiot, typical clueless dumb f**k, bwhahahahahahaahahahahahahahah I would love to here what he has to say today. I am sure its better than your clueless sh**, bwhahahahahahahaahah
I think just as the markets need to "climb the wall of worry" to go up, so will they turn negative when the sentiment is "too positive" we are just about there now everything is rosy now, nothing is wrong with the economy's of the world and the fix is in, now the small investor will be sucked in and then the robbery will begin, as more people will have thier IRA's and 401k's removed from thier hands.
LOL, We are a long way from dow 14,000. May take 10 years for us to see that again. Know one really knows. Just at the Japanese if they remember.
Truth is I am short and will not cover. Why? I ask myself this. Would I buy KO-MCD-KFT-or any of the other Dow stocks at these levels. My answer is, although they are great companies, I would not be buying to hold at these levels.
Homes equity is way down, many people unemployed. Nothing really has changed. The higher this market goes the harder it will drop. I still believe we will see Dow 6500 before we see Dow 9000.
"You were warned!"
"but the boom you will here is the EXPANSION LEG UP"
"hmmmm nice post!
and what do you know it came true?"
The day of this post is March 26th.
The Dow topped out at 7924
One month later - April 24th the Dow closed at
Four weeks - a measly 150 points on the Dow.
Folks,we've been trading sideways for a month.
That's your "expansion leg up".
That's the great rally we missed that qualified us as "Idiots!"
You be the judge.............
Those think the worst is over will soon be ebtering the House of Pain. We will def have at least a 7% pullback on the DOW from here and S&P will test 750. First two weeks in April will be a head fake and then BOOM! I've seen all this before.