5 replies to this topic

[Pabst]

All major indicies are on multi year highs. Sharp selloffs from these levels in the last two weeks and we're right back retesting. Every other post is 'I'm short" this or that. Yes, there IS resistance up here. And yes LEGIONS of shorts are leaning on it. As a small futures short I'm not blowing you some perma bull yarns but I will say this: the RISK is a MASSIVE parabolic move higher as opposed to being caught long in a rolling top.

[eminimee]

...and in this raging bull market....if you went long the beginning of May for example.....you've made squat.(using spx) Playing the swings has been VERY profitable.

Edited by Teaparty, 11 July 2007 - 08:34 PM.

[thespookyone]

We have come right back here a couple times-your point? It was fun trading the market up and down the past couple months, although I did prefer the short trades-as they were faster money. As for denial, wherever I post, including here, I post my trades up real time-and they have been profitable-there's no denying it Whenever I see a post like yours, seemingly cross at bears, I assume you are a long term bull, struggling to make money the past couple months, and frustrated that the risk you have taken-has returned nothing. You somehow think if the last bear capitulates that you'll start making money, but in truth it would signal the finality of any move up. You don't need bears to capitulate-you need more buyers-check the volume on the up days. Don't hate the players-hate the game. Spooky

[DonBart]

We have come right back here a couple times-your point? It was fun trading the market up and down the past couple months, although I did prefer the short trades-as they were faster money. As for denial, wherever I post, including here, I post my trades up real time-and they have been profitable-there's no denying it Whenever I see a post like yours, seemingly cross at bears, I assume you are a long term bull, struggling to make money the past couple months, and frustrated that the risk you have taken-has returned nothing. You somehow think if the last bear capitulates that you'll start making money, but in truth it would signal the finality of any move up. You don't need bears to capitulate-you need more buyers-check the volume on the up days. Don't hate the players-hate the game.

Spooky

Actually if you read his post he is short right now. Which is quite confusing becuase if he really believed the biggest risk was this "massive blow-off top" then why would he be short??? To me it sounds like a bears who is frustrated because everybody else here is a bear too and he is uncomfortable being in the consensus, so is trying to convince you all to get bullish (good luck with that ).

It seems that on this board even those preaching bullishness are either short, flat, or cautiously scalping. Optimism in is very short supply in this neck of the woods.

[relax]

remember to adjust for the dollar and the so-called bull campaign is nowhere to be seen

All major indicies are on multi year highs. Sharp selloffs from these levels in the last two weeks and we're right back retesting. Every other post is 'I'm short" this or that.

Yes, there IS resistance up here. And yes LEGIONS of shorts are leaning on it.

As a small futures short I'm not blowing you some perma bull yarns but I will say this: the RISK is a MASSIVE parabolic move higher as opposed to being caught long in a rolling top.

[OEXCHAOS]

This board may not be the fade you think it is. Many times, they (we) get it just right, particularly at turns, which ought to be surprising to many a contrarian.

I will say that this board does also have the tendency to get positioned perfectly at a turn and then find a way to relinquish that position fairly quickly.

We have come right back here a couple times-your point? It was fun trading the market up and down the past couple months, although I did prefer the short trades-as they were faster money. As for denial, wherever I post, including here, I post my trades up real time-and they have been profitable-there's no denying it Whenever I see a post like yours, seemingly cross at bears, I assume you are a long term bull, struggling to make money the past couple months, and frustrated that the risk you have taken-has returned nothing. You somehow think if the last bear capitulates that you'll start making money, but in truth it would signal the finality of any move up. You don't need bears to capitulate-you need more buyers-check the volume on the up days. Don't hate the players-hate the game.

Spooky

Actually if you read his post he is short right now. Which is quite confusing becuase if he really believed the biggest risk was this "massive blow-off top" then why would he be short??? To me it sounds like a bears who is frustrated because everybody else here is a bear too and he is uncomfortable being in the consensus, so is trying to convince you all to get bullish (good luck with that ).

It seems that on this board even those preaching bullishness are either short, flat, or cautiously scalping. Optimism in is very short supply in this neck of the woods.