7 replies to this topic

[greenie]

I was reading a bearish board and the longest running thread there is about why the market is going to crash 'tomorrow' - where the tomorrow changes from friday to monday to tuesday to....it goes on and on. The same sign of fear is in the media also. With so many people positioned on the 'right' side of the trend, I am sure the market is going to test its all time highs before going south. Although I am currently short a small position based on my momentum indicators, it may be prudent to go flat or long. If my stops (friday's high) get hit, I am going to give room to that possibilty. Internals have not turned down, as A-ha has pointed out.

[atlasshrugged]

I was reading a bearish board and the longest running thread there is about why the market is going to crash 'tomorrow' - where the tomorrow changes from friday to monday to tuesday to....it goes on and on. The same sign of fear is in the media also. With so many people positioned on the 'right' side of the trend, I am sure the market is going to test its all time highs before going south. Although I am currently short a small position based on my momentum indicators, it may be prudent to go flat or long. If my stops (friday's high) get hit, I am going to give room to that possibilty. Internals have not turned down, as A-ha has pointed out.

i think AH ha is being sarcastic! I think he is bearish still from Sept es 1486...

[DraggdOut]

it's not what you think, it's not what the market thinks, it's what the market thinks the rest of the market thinks the market is thinking

[atlasshrugged]

it's not what you think, it's not what the market thinks, it's what the market thinks the rest of the market thinks the market is thinking

i think you and I may being thinking the same thing in regards to what the market may or may not be thinking... i think?

[nimblebear]

Talk is cheap. Crashes aren't !

[DraggdOut]

It's almost useless/moot to discuss further. In one corner we've got US private sector (combined household, financial, & corp) leverage (debt to GDP) @ all time highs--higher, on relative terms, than pre-Great Depression, and nobody else out there demographically yet who can really pick up the slack. In the other corner we have the globalization juggernaut, dumb-money scared to #%$!-all, widespread balance sheet uncertainty, and you can still save a bunch of money on your car insurance by switching to GEICO... Looks to be quite the rumble...

Edited by DraggdOut, 17 September 2007 - 03:08 PM.

[ogm]

Which thread is that ? Link, in case I missed one of those dozens of bearish boards

[greenie]

check this one for example:

http://www.tickerfor...s-www?post=7768