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1555 is a given`


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#1 Tor

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Posted 24 May 2007 - 08:38 AM

Hopefully this durable good number and china will be enough to cause a little wekaness. old man partridge: its a bull market you know.
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#2 denleo

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Posted 24 May 2007 - 08:48 AM

Idon't think we are going to see any weakness. S&P has corrected about 13 points. That is as much as it possibly can go down. It is safe to buy here. Denleo

#3 Tor

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Posted 24 May 2007 - 08:54 AM

Idon't think we are going to see any weakness. S&P has corrected about 13 points. That is as much as it possibly can go down. It is safe to buy here.

Denleo


I see what you mean. Its amazing isnt it. The market falls maybe a few points and ALL the bears come out calling the top!

It sounds arrogant, but not meant to b. But thismarekt is easy. Buy the dip and put a stop loss in. Even yesterday when I bought the dip I went into profit for 5 points, ssadly I only managed to move my stop up to b/e and then got stopped out. No loss. This time I will take a quicker profit.
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#4 denleo

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Posted 24 May 2007 - 09:13 AM

I don't even place stops when I am long any more. I know I will be bailed out. I place stops only when I am short. Denleo

#5 Tor

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Posted 24 May 2007 - 09:18 AM

I don't even place stops when I am long any more. I know I will be bailed out. I place stops only when I am short.

Denleo

Personally I could never do that because of some exogenous event.
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#6 thespookyone

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Posted 24 May 2007 - 10:40 AM

I don't even place stops when I am long any more. I know I will be bailed out. I place stops only when I am short.

Denleo


Enjoy the ride.

#7 denleo

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Posted 24 May 2007 - 10:44 AM

What ride? I don't have any positions right now. Denleo

#8 Tor

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Posted 24 May 2007 - 10:46 AM

I don't even place stops when I am long any more. I know I will be bailed out. I place stops only when I am short.

Denleo


Enjoy the ride.


I got a stopin. I bet as we speak the bears are foaming right now. As we speak I havent been hit. Low in the cash is 1513 so far anyway............just saying. I still think the bears are delluded.
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The future is 90% present and 10% vision.

#9 BCB

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Posted 24 May 2007 - 02:05 PM

I don't even place stops when I am long any more. I know I will be bailed out. I place stops only when I am short.

Denleo


Enjoy the ride.


I got a stopin. I bet as we speak the bears are foaming right now. As we speak I havent been hit. Low in the cash is 1513 so far anyway............just saying. I still think the bears are delluded.



Sorry, I just can't stop myself from chiming in here....
No telling if this is "the" top, or just a small pullback leading to a 3of3of3of3, or whatever, but if somebody asked me what does a conversation sound like in the morning of the day AFTER "the top".....
I'd have to say, "this is it"....

And Spookyone, I'm not talking about you here.... (but you know that already...) <_<

Good tradin' to all.

Barry