Is it illegal to start a OTF movement? (Occupy the Fed). Is it illegal to protest everything this Federal Reserve has done to this country? I know non violent protesting is perfectly legal, but someone has to tell the middle class of this country what the Federal reserve has done, by making the wealthy even more wealthy, at the expense of every other social class in our society.
Can this be done without breaking the law?
Pandora there are so many "market historians" out there. Stan Stovall, Bespoke come to mind. They all tell you "historically, if the market is up over 15-20% through November, it will be up even more the next 6 months,", blah blah. But they'll never tell you that markets cannot sustain a parabolic move, without a substantive correction....instead they'll only cite cases (years) where they have not been any corrections of 10% or more.
So although there are no validated studies out there confirming this, the media has certainly played a big role in in this greedy market sentiment, and of course the Fed. But yet we all know at some point this will end....but when?
Try to find an empirically validated study of how financial message boards sway or manipulate sentiment. I'm betting you won't....It's entertainment, nothing more. If you learn something from a post, great. But if you become so emotional that you feel you have to use words that Yahoo's censors delete, then maybe this is not a place for you to hang out.
I get the fact that greed has taken over, and no one is selling. But in order for the market to fall, there has to be a lack of buyers. So my question is, what will it take to start running out of buyers, and then for other buyers to drop their bids a lot lower, instead of trying to chase every penny?
Sidney, you make a good point. But it's not about picking on OLED, or anything like that. For me, I'm strictly a chartist, and I've read over 25 books on my craft. I'm a swing trader, so I see an opportunity to take the other side of the trade here, possibly back to about the $32 area, according to the chart. I actually like what the company does, so certainly it's nothing personal....In fact, after covering I may even go long, depending on the chart. And if I'm wrong, I'm wrong, and I move on.
You're correct, there's a ton of overbought stocks out there, but they're not all shorts....and full disclosure, I'm long several stocks. Good luck to you and other longs here.
Take it up 50 basis points or so. That's the only way to deflate this bubble.
Actually now would be a great time to ban all LONG trades. The bubble just keeps getting bigger and bigger by the minute.
You saved me having to post the same thing. The market has been parabolic. The problem is, there's no fear, so there are no sellers. And as soon as the market goes down a few points, there are others thinking that's their chance to get in. No one cares about the potential of the market dropping 300-500 points in a few days, because it hasn't happened in awhile.....but it will.
It's overvalued by any metric. And IBM has their own issues; they're not about to overpay for a company with no earnings.
Don't get too excited. First of all, they're "trying it out." Secondly, the patent issue has not gone away. The bids are dropping as I type.
Now it's up going into the close. Why am I not surprised?
Why don't you go to hell, you racist, anti-semitic pig. Your inappropriate comments will be reported to Yahoo and other authorities.
I think they're now thinking 1900 by January 1st....I mean, why not? The market goes up every single day without a break. Anyone not selling after this parabolic move is insane.
I'll weigh in on that....It's way overvalued. I mean, over $7.5B market cap for $250M in sales? Really? Oh that's right, it's the big data buzz word.....You have the social media bubble, the 3D printer bubble, the cloud bubble, and now the big data bubble. I think the gap near $63 closes in the near term.
Yes, I think the way this works is the Iran settlement was already discussed months ago, so the market already knew about it. However, the financial media always needs an excuse as to why the market is rallying yet again for about the 15th straight day, to make it look like there's a reason besides the Fed.
I don't think stop losses will help when this market starts to spiral down, whenever that may be.
Overvalued doesn't even begin to describe this company.
Dow closes the week over 16,000, S&P closes over 1800, and Nasdaq almost over 4,000. Then the weekend talking heads will tell us that's the catalyst, it's time to buy the markets.....lol....
I was in the dark about UDC, until I read the analyst's reports, and realized the adverse impact of this patent ruling going forward. Now I completely understand why it's down.