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Sentiment on this board

Started by hedgehawk , Mar 19 2008 07:40 PM

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#1 hedgehawk

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Posted 19 March 2008 - 07:40 PM

Yesterday during the 400 pnt upmove day, this board was all giddy like a bunch teenagers at a pajama party having a pillow fight. People were high fiveing that guy with a bunch of long ES from the 1320's and others were talking about flying camels the market going upstream bigtime cuz the high tide was gonna take us to their private little moons.


Now today the bearishness on this board is so depressing that it seems like we are going to disappear into the abyss tomorrow. Im gonna have to tie a rope around my waste so I dont get tugged in. I guess 400 point lift offs and 300 point dives are making us go coocoo. Tomorrow is a strange day in itself with quad witches brew being drunk by the natives. I am looking for a squeeze tomorrow off of ES 1280. Thats the new range 1280 to 1340.



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Edited by hedgehawk, 19 March 2008 - 07:47 PM.

#2 thespookyone

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Posted 19 March 2008 - 07:53 PM

Some were giddy, some were not. I have yet to see one of these manufactured moves hold water. Of course, it could be "different this time".

#3 SemiBizz

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Posted 19 March 2008 - 08:14 PM

I was giddy today... :cheer: this whole thing worked pretty much as I had forecast. That included the size of the rally yesterday that I sat out... I also posted this yesterday... The minute that Visa IPO hit the street, this thing was DEAD MEAT :lol: I just love it when a plan comes together :cheer:
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#4 HoseB

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Posted 19 March 2008 - 08:21 PM

Must face reality... we've morphed into AAII-2. That is, our group sentiment swings from 80% bulls to 80% bears and back again... all at the drop of a hat. In other words, we're becoming worthless.
40,000 headmen couldn't make me change my mind....

#5 KCScott

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Posted 19 March 2008 - 08:57 PM

I think there's some people who have been spot. What we know - using the SPX 1. The LT trend (6mo) has been and continues to be bearish 2. The IT Trend (2 mo) has been rangebound with a bearish bias 1,400 to 1,275 (though yesterday broke that bottom) 3. The ST (10 days) has been fluctuating wildly with a 1,340 top with In this enviornment how could you expect anyone to "marry" a direction? Way too much money being made taking scalps daily
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#6 emdee

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Posted 19 March 2008 - 09:26 PM

Some were giddy, some were not. I have yet to see one of these manufactured moves hold water. Of course, it could be "different this time".


As soon as everyone has been "conditioned" properly it will be "different this time".

Edited by emdee, 19 March 2008 - 09:26 PM.

#7 sjj

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Posted 19 March 2008 - 09:28 PM

Anyone noticed we are seeing tons of posts on profit (impossible to validate) and seeing a lack of reported losses. Fortunately, great stops and money management is making most everyone a winner.

You can't be a beacon if your light don't shine !

#8 atlasshrugged

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Posted 19 March 2008 - 09:53 PM

i was giddy as a school girl yesterday and why not i made 50 ndx points and traded the fed announcement like Elway used to run the broncos offense didnt give back a dime today as i wanted to see how well we held the gains... so i stayed out

#9 arbman

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Posted 20 March 2008 - 12:36 AM

Anyone noticed we are seeing tons of posts on profit (impossible to validate) and seeing a lack of reported losses. Fortunately, great stops and money management is making most everyone a winner.


I meant to go long today twice and stopped out and decided to short in the afternoon. I had a trendline target at 1350 for a short try, it didn't happen. I took a small loss for the day, much smaller than yesterday's gains though...

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