I was cogitating regarding the market dipped on Friday near the early close. This maybe due to the turning of the month in anticipation of December with the Fed. decision near at hand. This is the fourth quarter. Will the economy become more favorable to the point where Bernanke will taper, or, will good news become a burden to the markets? Will the punch bowl be snatched away, as he, ahead of Ms. Yellen, sets the tone of his authority to connote that the swan song may be sung with fervor and vigor and delivering memorable tones?
I believe that he will taper and so do the markets. He has taken the lead in the initial aspect of the q.e. and so he will be there to set the tone for its gradual withdrawal.
All three market indexes had achieved a milestone which is considered a resistance level. This should be a good juncture in order to enact the easing. Ironically, the markets are cognizant regarding this; for, this is much needed and will be accepted. The constant bubbling up will only serve to create greater consternation and eructation in the near future. This is surely what the markets need and in a timely fashion.
Scootter: I believe that you should go back to your day trading and continue to find other "best losses" daily that you can rejoice over.
Rob: I am watching and relaxing; but, again, I am not learning anything from you; for you have nothing to teach and nothing meaningful to say.
The good aspect is: our conscience bears witness to that of how we trade for the good in the pursuit of the elongation of life and health; rather than the destruction happy short hedgies and institutional thugs who would enjoy destroying a health giving company. To those of whom this would apply, I bid you well.
Stop loss101: In all due respects with a handle/name as yours you should know better. If you are having difficulty with your stop loses, then it would be incumbent upon you to utilize options more. Incorrectly dealing with uncertainties does not make you any more sophisticated. If daytraders knew just one thing and nothing else: This would be to wrap up (exit) all positions and go home flat (not holding over positions).
Do not harp upon the ones which had struggled; focus upon those existing with auspicious forward guidance. Focus upon the likes of: JAZZ, CELG, etc. Now with DNDN, you now have the opportunity to buy from the bottom to the upside.
I'd thought that this board with be flooded with a name as this.