I think so-------the bulls are getting hungry and need to go back and pick up some food!!! The bears
are getting tired of the bulls running them over and stealing the food----so they are now hiding from the train.
Red light is now on---------All aboard?
Seriously--------Too many bull trains ----Something has got to give soon!!!
bull train left me---
Started by
mcleert
, May 18 2007 04:18 PM
6 replies to this topic
#2
Mtrader
-
- Traders-Talk User
- 1,221 posts
Member
Posted 18 May 2007 - 05:57 PM
13750 is in the book. Almost there. Patience is a virtue.
You are on your own. This is for demonstration only.
JV
JV
#3
Russ
-
- Traders-Talk User
- 7,203 posts
Member
Posted 18 May 2007 - 06:43 PM
13750 is in the book. Almost there. Patience is a virtue.
P&F looking for Dow 13,650 FWIW.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#4
pdx5
-
- Traders-Talk User
- 9,530 posts
I want return OF my money more than return ON my money
Posted 18 May 2007 - 07:27 PM
Bullish bias most likely intact until sept 07 FWIW.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#5
JAP
-
- Traders-Talk User
- 575 posts
Member
Posted 18 May 2007 - 08:02 PM
I think so-------the bulls are getting hungry and need to go back and pick up some food!!! The bears
are getting tired of the bulls running them over and stealing the food----so they are now hiding from the train.
Red light is now on---------All aboard?
Seriously--------Too many bull trains ----Something has got to give soon!!!
Whatever you do, don't go long now. Euphoric markets often end harshly and abruptly.
#6
mbradley
-
- Traders-Talk User
- 204 posts
Member
Posted 18 May 2007 - 09:29 PM
It will come back when when the SP makes a new high by 10-30 points and then we have a 2-3% reaction. The late bulls will feel trapped and all the bears - half the traders out there - will be howling about the failed breakout. That will be a good buying opportunity.
#7
Tor
-
- Traders-Talk User
- 7,647 posts
Member
Posted 19 May 2007 - 04:28 PM
I think so-------the bulls are getting hungry and need to go back and pick up some food!!! The bears
are getting tired of the bulls running them over and stealing the food----so they are now hiding from the train.
Red light is now on---------All aboard?
Seriously--------Too many bull trains ----Something has got to give soon!!!
I simply cannot fathom why anyone would be tring to pick a top. sure it may reverse........how much? 5 points, 10 points, 50 points SPX? 100 points? I did two trades last week long side, made a quick 15 points. It was so easy. So easy, that I will do it again. Dont worry I had stop loss points in place, 5 points below.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
