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Alpha Natural Resources, inc. c Message Board

  • happyperson_1 happyperson_1 Mar 26, 2013 10:51 AM Flag

    Longs saying buy?

    The chart is in a downward trend. It is still making lower lows and lower highs. Not that there will not be up moves but this market is so over bought and in reality companies are not meeting earnings and eventually this printing money is not going to work.

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    • everyone is execting qe to continue till we are at 7.5 percent unemployment , but ben said thats the goal unless inflation hits 2.5 percent, besides, even if we do hit 7.5 percent, that wont last without the free money, unemployment will rise, and we go into recession as soon as they pull the plug, really scary here, im all short at the moment, if we get a big correction in the markets i might dip into some longs but only for a short bounce, so far my shorts for the week($ta and $ktos)are both red today , feeling good for the week, anytime my shorts are profitable as the market grinds higher, i lower my targets to cover,

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