Ms market never fails to put the majority on the wrong side.
AMAZING AMAZING... I AM SIMPLY IN AWE...
once again I am simply IN AWE!!
I AM IN AWE OF MS MARKET YET AGAIN
Started by
xtrader
, Jun 29 2012 07:59 AM
3 replies to this topic
#1
Posted 29 June 2012 - 07:59 AM
#2
Posted 29 June 2012 - 08:01 AM
Ms market never fails to put the majority on the wrong side.
AMAZING AMAZING... I AM SIMPLY IN AWE...
once again I am simply IN AWE!!
Like I said, two things that scare me most, crash calls and too many people agreeing with me.
#3
Posted 29 June 2012 - 08:05 AM
AND THE WAY THEY DID IT, WHEN MOST PEOPLE ARE SLEEPING~!!!!
THE SILENCE OF THE BEARS IS DEAFENING.. WHICH MIGHT SIGNAL TIME TO TAKE A LITTLE PROFITS
THE SILENCE OF THE BEARS IS DEAFENING.. WHICH MIGHT SIGNAL TIME TO TAKE A LITTLE PROFITS
#4
Posted 29 June 2012 - 08:17 AM
Sometimes you just have to not overthink it....I have been bullish since the bottom.
Everyone starts expecting disaster, prices reflect that, but still manage to go UP and get in a trading range...but at the same time you had barely any VIX, just a trading range, and the algos playing with each other taking it up and down 1% sometimes - but the smart money and institutions were staying put, keeping VIX down. You have to watch other stuff besides gold and oil - junk and preferreds have actually rallied and broken out this week BEFOREHAND. EM bonds have steadily risen out of the rather shallow abyss and EMB was back at its highs. So that is all stuff that should tell you the underlying market has a floor. Frankly a lot of stuff was lining up for the bulls. With sentiment getting so bad what you were looking at was a major upside risk event. Here is your upside risk event.










