bulls are pathetic
#1
Posted 29 June 2007 - 08:56 PM
#2
Posted 29 June 2007 - 09:00 PM
#3
Posted 29 June 2007 - 10:51 PM
#4
Posted 29 June 2007 - 11:56 PM
Edited by SemiBizz, 29 June 2007 - 11:56 PM.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
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#5
Posted 30 June 2007 - 06:03 AM
seriously i am disgusted
think about it - been throwing away sizeable gains for the past weeks - rates have gone down and inflation was good - and markets can't even rally on that
come on face it bulls are weaker than we've seen for quite a while
this is just a matter of time before bears win the IT battle
any gain will be sold - bulls are getting no where - this is a dramatic shift from before
rate cut is officially off the table, leaving bulls with nothing to cheer for
consolidation is obviously the theme until bulls and bears decide who is strongest
bank of japan will make sure bears win the battle
and guys I think you have forgotten dry bulk shares - this is the only place to be!
I would say the bears had it overall this week,but made good dollaros on the long sie too.
The future is 90% present and 10% vision.
#6
Posted 30 June 2007 - 08:18 AM
Yields dropped to 5.03 and inflation was good - I have not seen markets drop on news like that during the last two years - this for sure confirms that things have changed
it's a constant battle between bulls and bears, but bulls are in for a much tougher battle now
sure markets do not do what they should do
but when do not rally on lower rates and low core inflation, then they are not doing what they have done for the last years
expecting no crash, but unlike previously am not scared of bulls killing the shorts, all short positions have been able to be covered at winning levels at some point for the past month
Well, if all that's true.. what's wrong with the bears? They can't seem to put 5 down days in a row together, now THAT is PATHETIC, so there's no trend change... That is the bottom line. The market doesn't always do what it SHOULD do. Our job is to understand the REALITY of it. TREND is still UP. And the bulls win all the ties.
#7
Posted 30 June 2007 - 08:42 AM
#8
Posted 30 June 2007 - 10:31 AM
Edited by Tor, 30 June 2007 - 10:32 AM.
The future is 90% present and 10% vision.