10 replies to this topic

[Rogerdodger]

Looks like we will smoke this bear.
Cook him long and slow.
Maybe wrap him in banana leaves and put him in a pit Hawiian style?

One more record close.
One more: NO CHANGE in sentiment. FOR WEEKS NOW!
Look at some P&F price projections on charts and most are very bullish.
But not traders.

$SPX P&F target is 1932. Da very year Da_Cheif was born (and went long the S&P)!

Edited by Rogerdodger, 04 May 2007 - 06:34 PM.

[JAP]

Looks like we will smoke this bear.
Cook him long and slow.
Maybe wrap him in banana leaves and put him in a pit Hawiian style?

One more record close.
One more: NO CHANGE in sentiment. FOR WEEKS NOW!
Look at some P&F price projections on charts and most are very bullish.
But not traders.

It's called "group mentality". The market crashes when you least expect it.

[Rogerdodger]

I love it when you talk dirty.

Edited by Rogerdodger, 04 May 2007 - 06:39 PM.

[fib_1618]

It's called "group mentality". The market crashes when you least expect it.

And the market can not crash if the dynamics for one do not exist.

Right now, there aren't any. Maybe you might get something in the fall...be patient.

But for now, the path of least resistance remains solidly up.

Fib

[golden]

$SPX P&F target is 1932. Da very year Da_Cheif was born (and went long the S&P)!

Now that's funny!



Thanks for all your posts, Roger.

You have a wonderful sense of humor.

[bullishnot]

Looks like we will smoke this bear.
Cook him long and slow.
Maybe wrap him in banana leaves and put him in a pit Hawiian style?

One more record close.
One more: NO CHANGE in sentiment. FOR WEEKS NOW!
Look at some P&F price projections on charts and most are very bullish.
But not traders.

It's called "group mentality". The market crashes when you least expect it.

Yup, got that right.

[Rogerdodger]

You have a wonderful sense of humor.

Don't encourage me.
I go over the edge very quickly and go right into corny.
And you know how expensive corn is now.

Edited by Rogerdodger, 04 May 2007 - 08:19 PM.

[NAV]

You have a wonderful sense of humor.

Don't encourage me.
I go over the edge very quickly and go right into corny.
And you know how expensive corn is now.

Now that was corny

[Rogerdodger]

[OEXCHAOS]

It's called "group mentality". The market crashes when you least expect it.

Yup, got that right.

What? Crashes are NOT the Inquisition!



Seriously, Crashes, and I've been through the big one, and the small scare after it, and the 98 freak out, and of course if you want to talk about the miserable decline from 2000 to 2003 (depending upon your index), I was there too. I was actually LOOKING for a crash in 87. I was talking about it and trying to get short for it. The shake out in 1989 (?), I had puts for. I had my clients and my self short for the 98 shellacking and of course, I publicly blew the whistle on this market just before the 2000 top and yes, I was short.

I say this not to show how great I am. I'm not. I'm just saying that LOTS of people expect Crashes before they come. In fact, I'd say that they are probably one of the most anticipated events by traders. Sure, they may be shocked by the depth or the carnage, or whatever, but lots of traders expect a decline ahead of a Crash and many were quite open to a Crash as well.

What I'd say is that NOBODY (except Don) expect long, correction-free advances that go and go and go.

Mark